Utah § 49-22-504 Exemption from vesting requirements for military service members and spouses with orders outside the state.

Utah Statutes

§ 49-22-504 — Exemption from vesting requirements for military service members and spouses with orders outside the state.

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

(1)As used in this section, "service member" means the same as that term is defined in Section 71A-1-101.

(2)Employer nonelective contributions made on a member's behalf 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) if:

(2)(a) the member or the member's lawful spouse is a service member;

(2)(b) before the employer nonelective contributions vest in accordance with Subsection 49-22-303(2)(a) or 49-22-401(3)(a), the member or the member's spouse receives permanent change of station or relocation orders outside the state;

(2)(c) the member has a bona fide termination of employment with all participating employers; and

(2)(d) the member applies in writing to the office requesting

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(1) As used in this section, "service member" means the same as that term is defined in Section 71A-1-101.
(2) Employer nonelective contributions made on a member's behalf 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) if:
(2)(a) the member or the member's lawful spouse is a service member;
(2)(b) before the employer nonelective contributions vest in accordance with Subsection 49-22-303(2)(a) or 49-22-401(3)(a), the member or the member's spouse receives permanent change of station or relocation orders outside the state;
(2)(c) the member has a bona fide termination of employment with all participating employers; and
(2)(d) the member applies in writing to the office requesting an exemption under this section.
(3) After the office receives a written application under this section and determines the member satisfies the conditions described in Subsection (2), the total amount of employer nonelective contributions made on a member's behalf vest to the member.

Utah § 49-22-504 (Exemption from vesting requirements for military service members and spouses with orders outside the state.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.