Utah § 49-11-620 Closing the retirement account -- Status of retirees and beneficiaries.

Utah Statutes

§ 49-11-620 — Closing the retirement account -- Status of retirees and beneficiaries.

Utah·Title 49 Utah State Retirement and Insurance Benefit Act·Ch. 49-11 Utah State Retirement Systems Administration·Part 49-11-6 Procedures and Records

(1)The monthly benefit payable for the month a retiree, beneficiary, or alternate payee dies shall be a full monthly benefit and shall be payable to the estate of the deceased.

(2)If more than one year has elapsed since the death of a retiree whose designated beneficiary is deceased and whose account payable to the beneficiary amounts to $100 or less, the account shall be closed and further payment may not be made.

Free access — add to your briefcase to read the full text and ask questions with AI

(1) The monthly benefit payable for the month a retiree, beneficiary, or alternate payee dies shall be a full monthly benefit and shall be payable to the estate of the deceased.
(2) If more than one year has elapsed since the death of a retiree whose designated beneficiary is deceased and whose account payable to the beneficiary amounts to $100 or less, the account shall be closed and further payment may not be made.

Utah § 49-11-620 (Closing the retirement account -- Status of retirees and beneficiaries.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.