Utah § 49-14-402 Calculation of retirement allowance.

Utah Statutes

§ 49-14-402 — Calculation of retirement allowance.

Utah § 49-14-402

Title 49Utah State Retirement and Insurance Benefit Act

Ch. 49-14Public Safety Contributory Retirement Act

Part 49-14-4Defined Benefit

This text of Utah § 49-14-402 (Calculation of retirement allowance.) is published on Counsel Stack Legal Research, covering Utah primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Utah Code Ann. § 49-14-402 (2026).

Text

(1)A retiree under this system shall receive an allowance equal to:

(1)(a) 2.5% of final average monthly salary multiplied by the number of years of service credit, limited to 20 years; plus

(1)(b) 2% of final average monthly salary, multiplied by the number of years of service credit in excess of 20 years.

(2)(2)(a) Except as modified by cost-of-living adjustments and except as provided under Subsection (2)(b), an allowance under this system may not exceed 70% of a retiree's final average monthly salary.

(2)(b) The allowance limitation under Subsection (2)(a) does not apply to a member who initially retires on or after July 1, 2010.

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(1) A retiree under this system shall receive an allowance equal to:

(1)(a) 2.5% of final average monthly salary multiplied by the number of years of service credit, limited to 20 years; plus
(1)(b) 2% of final average monthly salary, multiplied by the number of years of service credit in excess of 20 years.
(2) (2)(a) Except as modified by cost-of-living adjustments and except as provided under Subsection (2)(b), an allowance under this system may not exceed 70% of a retiree's final average monthly salary.
(2)(b) The allowance limitation under Subsection (2)(a) does not apply to a member who initially retires on or after July 1, 2010.