Utah Statutes
§ 49-22-103 — Creation of system.
Utah·Title 49 Utah State Retirement and Insurance Benefit Act·Ch. 49-22 New Public Employees' Tier II Contributory Retirement Act·Part 49-22-1 General Provisions
(1)There is created for members employed by a participating employer the "New Public Employees' Tier II Contributory Retirement System."
(2)The New Public Employees' Tier II Contributory Retirement System includes:
(2)(a) the Tier II hybrid retirement system created in Part 3, Tier II Hybrid Retirement System; and
(2)(b) the Tier II defined contribution plan created in Part 4, Tier II Defined Contribution Plan.
(3)The system may also be known and function as the Public Employees' Tier 2 Contributory Retirement System, the Tier 2 Hybrid Retirement System, and the Tier 2 Defined Contribution Plan.
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Legislative History
Amended by Chapter 31, 2019 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.