Utah Statutes
§ 49-13-301 — Contributions -- Two levels.
Utah·Title 49 Utah State Retirement and Insurance Benefit Act·Ch. 49-13 Public Employees' Noncontributory Retirement Act·Part 49-13-3 Contributions
(1)Participating employers shall pay the certified contribution rates to the office to maintain this system on a financially and actuarially sound basis.
(2)For purposes of determining contribution rates, this system is divided into two levels according to participating employers as follows:
(2)(a) Level A includes the state, its independent agencies, independent entities, public corporations, and other instrumentalities, all participating educational institutions, and all other participating employers whose activities are associated with participating educational institutions.
(2)(b) Level B includes all other participating employers in this system.
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Legislative History
Renumbered and Amended by Chapter 250, 2002 General Session
Nearby Sections
15
§ 49-11-1001
Partial lump-sum payment option.§ 49-11-101
Title.§ 49-11-102
Definitions.§ 49-11-103
Purpose -- Liberal construction.§ 49-11-1102
Public notice of administrative board meetings -- Posting on Utah Public Notice Website.§ 49-11-1103
Public information requests.§ 49-11-1201
Title.§ 49-11-1202
Definitions.§ 49-11-1203
Applicability.§ 49-11-1206
Notice of postretirement reemployment.§ 49-11-1208
Rulemaking.