Utah Statutes
§ 49-22-306 — Allowance payable by lump-sum payment.
Utah § 49-22-306
JurisdictionUtah
Title 49Utah State Retirement and Insurance Benefit Act
Ch. 49-22New Public Employees' Tier II Contributory Retirement Act
Part 49-22-3Tier II Hybrid Retirement System
This text of Utah § 49-22-306 (Allowance payable by lump-sum payment.) 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. § 49-22-306 (2026).
Text
(1)If a retiree's allowance, as computed under this chapter, amounts to $25 or less, the allowance may be settled by the office by making a lump-sum payment of an amount actuarially equivalent to the allowance.
(2)A payment made under this section constitutes a full and complete settlement of the retiree's claim against this system.
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Legislative History
Enacted by Chapter 266, 2010 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.Cite This Page — Counsel Stack
Bluebook (online)
Utah § 49-22-306, Counsel Stack Legal Research, https://law.counselstack.com/statute/ut/49-22-306.