Utah Statutes

§ 49-22-503 — Death of members -- Exemption from vesting requirements for employer nonelective contributions to defined contribution plan.

Utah § 49-22-503
JurisdictionUtah
Title 49Utah State Retirement and Insurance Benefit Act
Ch. 49-22New Public Employees' Tier II Contributory Retirement Act
Part 49-22-5Death Benefit

This text of Utah § 49-22-503 (Death of members -- Exemption from vesting requirements for employer nonelective contributions to defined contribution plan.) 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. § 49-22-503 (2026).

Text

(1)(1)(a) If an active member dies, employer nonelective contributions made on behalf of the employee to a defined contribution plan under Section 49-22-303 or 49-22-401 are exempt from the vesting requirements of Subsections 49-22-303(2)(a) and 49-22-401(3)(a).
(1)(b) The total amount of nonelective contributions made by the participating employer vests to the member upon death and the member's beneficiary is entitled to receive a distribution of the employer contributions made on behalf of the employee and all associated investment gains and losses.
(2)Employer contributions vested and distributed under this section are in addition to and separate from the benefits payable under Sections 49-22-501 and 49-22-502.

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Legislative History

Enacted by Chapter 315, 2015 General Session

Nearby Sections

15
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Bluebook (online)
Utah § 49-22-503, Counsel Stack Legal Research, https://law.counselstack.com/statute/ut/49-22-503.