Title 49, Title 49: Utah State Retirement and Insurance Benefit Act

49-22-201. System membership -- Eligibility. (1) Beginning July 1, 2011, a participating employer shall participate in this system. (2) A person initially entering regular full-time employment with a participating employer on or after July 1, 2011, who does not have service credi…

49-22-202. Participation of employers -- Limitations -- Exclusions -- Admission requirements. (1) Unless excluded under Subsection, an employer is a participating employer and may not withdraw from participation in this system. (2) (2) The following employers may be excluded from…

49-22-203. Exclusions from membership in system. (1) The following employees are not eligible for service credit in this system: subject to the requirements of Subsection, an employee whose employment status is temporary in nature due to the nature or the type of work to be perfo…

49-22-204. Higher education employees' eligibility requirements -- Election between different retirement plans -- Classification requirements -- Transfer between systems. (1) A regular full-time employee of an institution of higher education who is eligible to participate in eith…

49-22-205. Exemptions from participation in system. (1) Upon filing a written request for exemption with the office, the following employees are exempt from participation in the system as provided in this section: an executive department head of the state; a member of the State T…

49-22-301. Contributions. (1) Participating employers and members shall pay the certified contribution rates to the office to maintain the defined benefit portion of this system on a financially and actuarially sound basis. (2) A participating employer shall pay up to 10% of comp…

49-22-302. Purchase of service credit. A member who works 20 or more hours per week for a participating employer participating in this system, but who does not meet other eligibility requirements for service credit, may purchase the service credit in accordance with Section.

49-22-303. Defined contribution benefit established -- Contribution by employer and employee -- Vesting of contributions -- Plans to be separate -- Tax-qualified status of plans. (1) A participating employer shall make a nonelective contribution on behalf of each regular full-tim…

49-22-304. Defined benefit eligibility for an allowance -- Date of retirement -- Qualifications. (1) A member is qualified to receive an allowance from this system when: except as provided under Subsection, the member has a bona fide termination of employment before the member's …

49-22-305. Defined benefit service retirement plans -- Calculation of retirement allowance -- Social security limitations. (1) Except as provided under Subsection, the retirees of this system may choose from the six retirement options described in this section. (6) Options Two, T…

49-22-306. Allowance payable by lump-sum payment. (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…

49-22-307. Lump-sum death benefit for retiree and spouse. (1) Upon retirement, a retiree may elect to have the office deduct an actuarially determined amount from the retiree's allowance to provide a lump-sum benefit payable to a beneficiary upon the death of the retiree. Upon re…

49-22-308. Defined benefit annual cost-of-living adjustment. (1) The office shall make an annual cost-of-living adjustment to: an original allowance paid under Section, if the allowance has been paid for at least one year; and 49-22-305 an original payment made to an alternate pa…

49-22-309. Purchase of service credit -- Conditions -- Cost -- Nondiscrimination policy. (1) A member may purchase or a member and a participating employer may jointly purchase a maximum of five years of service credit which cannot otherwise be purchased under this title. At a mi…

49-22-310. Defined benefit adjustments -- Conditions -- Process -- Future years accrual. (1) In accordance with this section and except as provided in Subsection, the Legislature may make adjustments to the benefits provided for the defined benefit portion of the Tier II Hybrid R…

49-22-401. Contributions -- Rates. (1) Up to the amount allowed by federal law, the participating employer shall make a nonelective contribution of 10% of the participant's compensation to a defined contribution plan. (2) The participating employer shall contribute the 10% nonele…

49-22-402. Defined contribution distributions for members with a disability. For a person with a disability who receives contributions under Subsection, the member with a disability may begin receiving distributions from the defined contributions made by the participating employe…

49-22-403. Eligibility to receive a retirement allowance for a benefit tied to a retirement date for defined contribution members. (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 …

49-22-501. Death benefit -- Eligibility for death benefit -- Benefit calculation -- Payment of claim. (1) The office shall provide a death benefit for members of this system. (2) The board shall make rules to administer the death benefit provided by this section and may, in accor…

49-22-502. Death of married members -- Service retirement benefits to surviving spouse. (1) As used in this section, "member's full allowance" means an Option Three allowance calculated under Sectionwithout an actuarial reduction. 49-22-305 (2) Upon the request of a deceased memb…

49-22-503. Death of members -- Exemption from vesting requirements for employer nonelective contributions to defined contribution plan. (1) If an active member dies, employer nonelective contributions made on behalf of the employee to a defined contribution plan under Sectionorar…

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

49-22-601. Long-term disability coverage. In accordance with Section, the state shall cover all of its eligible employees under.