Utah § 49-23-403 Eligibility to receive a retirement allowance for a benefit tied to a retirement date for defined contribution members.

Utah Statutes

§ 49-23-403 — Eligibility to receive a retirement allowance for a benefit tied to a retirement date for defined contribution members.

Utah·Title 49 Utah State Retirement and Insurance Benefit Act·Ch. 49-23 New Public Safety and Firefighter Tier II Contributory Retirement Act·Part 49-23-4 Tier II Defined Contribution Plan

(1)As used in this section, "eligible to receive a retirement allowance" means the date selected by the member who is a participant under this part on which the member has ceased employment and would be qualified to receive an allowance under Section 49-23-303 if the member had been under the Tier II Hybrid Retirement System for the same period of employment.

(2)The office and a participating employer shall make an accounting of years of service credit accrued for a member who is a participant under this part in order to calculate when a member would be eligible to receive a retirement allowance for purposes of establishing when a member may be eligible for a benefit tied to a retirement date that may be provided under Section 63A-17-508, this title, another state statute, or by a partic

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(1) As used in this section, "eligible to receive a retirement allowance" means the date selected by the member who is a participant under this part on which the member has ceased employment and would be qualified to receive an allowance under Section 49-23-303 if the member had been under the Tier II Hybrid Retirement System for the same period of employment.
(2) The office and a participating employer shall make an accounting of years of service credit accrued for a member who is a participant under this part in order to calculate when a member would be eligible to receive a retirement allowance for purposes of establishing when a member may be eligible for a benefit tied to a retirement date that may be provided under Section 63A-17-508, this title, another state statute, or by a participating employer.

Utah § 49-23-403 (Eligibility to receive a retirement allowance for a benefit tied to a retirement date for defined contribution members.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.