Utah § 63A-17-503 Accumulated annual leave -- Conversion to deferred compensation plan.

Utah Statutes

§ 63A-17-503 — Accumulated annual leave -- Conversion to deferred compensation plan.

Utah § 63A-17-503

Title 63AUtah Government Operations Code

Ch. 63A-17Utah State Personnel Management Act

Part 63A-17-5Hours and Leave

This text of Utah § 63A-17-503 (Accumulated annual leave -- Conversion to deferred compensation 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. § 63A-17-503 (2026).

Text

(1)The division shall implement a program whereby an employee may, upon termination of employment or retirement, elect to convert any unused annual leave into any of the employee's designated deferred compensation accounts that:

(1)(a) are sponsored by the Utah State Retirement Board; and

(1)(b) are qualified under Section 401(k) or Section 457 of the Internal Revenue Code.

(2)Any annual leave converted under Subsection (1) shall be converted into the employee's deferred compensation account at the employee's pay rate at the time of termination or retirement.

(3)No employee may convert hours of accrued annual leave to the extent that any hours so converted would exceed the maximum amount authorized by the Internal Revenue Code for each calendar year.

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(1) The division shall implement a program whereby an employee may, upon termination of employment or retirement, elect to convert any unused annual leave into any of the employee's designated deferred compensation accounts that:

(1)(a) are sponsored by the Utah State Retirement Board; and
(1)(b) are qualified under Section 401(k) or Section 457 of the Internal Revenue Code.
(2) Any annual leave converted under Subsection (1) shall be converted into the employee's deferred compensation account at the employee's pay rate at the time of termination or retirement.
(3) No employee may convert hours of accrued annual leave to the extent that any hours so converted would exceed the maximum amount authorized by the Internal Revenue Code for each calendar year.