Utah Statutes
§ 49-19-403 — Retirement option.
Utah·Title 49 Utah State Retirement and Insurance Benefit Act·Ch. 49-19 Utah Governors' and Legislators' Retirement Act·Part 49-19-4 Defined Benefit
(1)A governor or legislator may elect to forfeit the allowance provided by this chapter and in lieu thereof participate, on the same basis as other state elected and appointed officers under Title 67, Chapter 22, State Officer Compensation, in a defined contribution plan administered by the office, in accordance with Section 49-11-801 and in accordance with federal law.
(2)A governor's or legislator's exclusion, exemption, participation, or election described in this section:
(2)(a) shall be made in accordance with this section; and
(2)(b) is subject to requirements under federal law and rules made by the board.
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Legislative History
Amended by Chapter 24, 2020 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.