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

49-13-104. Creation of trust fund. (1) There is created the "Public Employees' Noncontributory Retirement Trust Fund" for the purpose of paying the benefits and costs of administering this system. (2) The fund shall consist of all money paid into it, including interest, in accord…

49-13-201. System membership -- Eligibility. (1) Beginning July 1, 1986, the state and its educational institutions shall participate in this system. A person entering regular full-time employment with the state or its educational institutions after July 1, 1986, but before July …

49-13-202. Participation of employers -- Limitations -- Exclusions -- Admission requirements -- Nondiscrimination requirements -- Service credit purchases. (1) Unless excluded under Subsection, an employer is a participating employer and may not withdraw from participation in thi…

49-13-203. 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…

49-13-204. Higher education employees' eligibility requirements -- Election between different retirement plans -- Classification requirements -- Transfer between systems -- One-time election window -- Rulemaking. (1) A regular full-time employee of an institution of higher educat…

49-13-205. Conversion to system -- Time schedule -- Conversion windows. (1) An employee governed under Sectionshall make the election to participate in this system within six months of July 1, 1986. 49-13-201 (2) An employer governed under Sectionsandshall make the election to pa…

49-13-301. Contributions -- Two levels. (1) Participating employers shall pay the certified contribution rates to the office to maintain this system on a financially and actuarially sound basis. (2) For purposes of determining contribution rates, this system is divided into two l…

49-13-302. Purchase of service credit. Any member who works 20 or more hours per week for a participating employer participating in this system, but does not meet other eligibility requirements for service credit, may purchase such service credit in accordance with Section.

49-13-303. Supplemental benefit established -- Defined contribution plan options -- Contribution by employer and employee -- Immediate vesting of contributions -- Plans to be separate -- Tax-qualified status of plans. (1) Participating employers in Level A under Section, which ar…

49-13-401. 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 retirement date …

49-13-402. Service retirement plans -- Calculation of retirement allowance. (1) Except as provided under Subsectionor Section, retirees of this system may choose from the six retirement options described in this section. (7) 49-13-701 Options Two, Three, Four, Five, and Six are m…

49-13-403. Allowance payable by lump-sum payment. (1) If a retiree's allowance, as computed under Section, 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. 49-13-402 (2) A payment…

49-13-404. 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…

49-13-405. 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. 49-13-402 (2) Upon the request of a deceased memb…

49-13-406. Exceptions for part-time elective or appointive service -- Computation of allowance -- Justice court judges. (1) Notwithstanding the provisions of Sectionsand, and unless otherwise provided in this section, a member's elective or appointive service rendered on a basis …

49-13-407. Annual cost-of-living adjustment. (1) The office shall make an annual cost-of-living adjustment to: an original allowance paid under Sectionor, if the allowance has been paid for at least one year; and 49-13-402 49-13-405 an original payment made to an alternate payee …

49-13-408. 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…

49-13-501. 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…

49-13-701. Early retirement incentive -- Eligibility -- Calculation of benefit -- Payment of costs -- Savings to be appropriated by Legislature -- Restrictions on reemployment. (1) Any member of this system may retire and receive the allowance allowed under Subsectionif the membe…

49-14-101. Title. This chapter is known as the "Public Safety Contributory Retirement Act."

49-14-102. Definitions. As used in this chapter: (1) "Compensation" means the total amount of payments that are includable in gross income received by a public safety service employee as base income for the regularly scheduled work period. The participating employer shall establi…

49-14-103. Creation of system. There is created for members performing public safety service and who are employed by a participating employer the "Public Safety Contributory Retirement System."

49-14-104. Creation of trust fund. (1) There is created the "Public Safety Contributory Retirement Trust Fund" for the purpose of paying the benefits and the costs of administering this system. (2) The fund shall consist of a number of individual trust accounts created as needed …

49-14-201. System membership -- Eligibility. (1) Except as provided in Section, a public safety service employee of a participating employer participating in this system is eligible for service credit in this system at the earliest of: 49-15-201 July 1, 1969, if the public safety…

49-14-202. Participation of employers -- Requirements -- Supplemental programs -- Full participation in system. (1) An employer that employs public safety service employees and is required by Sectionorto be a participating employer in the Public Employees' Contributory Retirement…

49-14-203. Exemption of certain employees from coverage. (1) A public safety service employee is excluded from coverage under this system if the employee: is serving: as the Commissioner of Public Safety; as the executive director of the Department of Corrections; or as the elect…

49-14-301. Contributions -- Two divisions -- Election by employer to pay employee contributions -- Accounting for and vesting of member contributions -- Deductions. (1) Participating employers and members shall jointly pay the certified contribution rates to the office to maintai…

49-14-401. Eligibility for service retirement -- 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 retirement…

49-14-402. Calculation of retirement allowance. (1) A retiree under this system shall receive an allowance equal to: 2.5% of final average monthly salary multiplied by the number of years of service credit, limited to 20 years; plus 2% of final average monthly salary, multiplied …

49-14-403. Annual cost-of-living adjustment -- Enhanced adjustment -- Eligibility. (1) The office shall make an annual cost-of-living adjustment to: an original allowance paid under Sectionand, of this chapter if the allowance has been paid for at least one year; and 49-14-402 Pa…

49-14-501. Death of active member in Division A -- Payment of benefits. (1) If an active member of this system enrolled in Division A under Sectiondies, benefits are payable as follows: 49-14-301 If the death is classified by the office as a line-of-duty death, the surviving spou…

49-14-502. Death of active member in Division B -- Payment of benefits. (1) If an active member of this system enrolled in Division B under Sectiondies, benefits are payable as follows: 49-14-301 If the death is classified by the office as a line-of-duty death, the surviving spou…

49-14-503. Benefits payable upon death of inactive member. (1) If an inactive member who has less than 20 years of public safety service credit dies, the surviving spouse, or, if there is no surviving spouse, the member's minor children shall receive a refund of the member's memb…

49-14-504. Benefits payable upon death of retired member -- Enhanced benefit election -- Rulemaking. (1) If a retiree who retired under either Division A or Division B dies, the retiree's surviving spouse shall receive an allowance equal to 65% of the allowance that was being pai…

49-14-505. Benefits for surviving spouse under Division A or Division B. The surviving spouse, if eligible, shall receive a benefit computed under either Division A or Division B, whichever provides the larger benefit, but may not receive a benefit under both divisions if it woul…

49-14-506. Benefits payable upon death of active or inactive member without spouse or minor children. If an active or inactive member dies and at the time of death the member does not have a surviving spouse or minor children, the benefit payable to a designated beneficiary is a …

49-14-507. Surviving spouse includes certain former spouses -- Benefit calculation for former spouse. (1) The benefit calculation for a surviving spouse with a valid domestic relations order benefits on file with the office before the member's death date in accordance with Sectio…

49-14-601. Long-term disability coverage. Each participating employer shall cover its public safety employees under, or a substantially similar long-term disability program.

49-14-602. Benefit protection contract. (1) As used in this section: "Objective medical impairment" means the same as that term is defined in Section. 49-21-102 "Qualifying injury or illness" means a physical or mental objective medical impairment resulting from external force or…

49-15-101. Title. This chapter is known as the "Public Safety Noncontributory Retirement Act."

49-15-102. Definitions. As used in this chapter: (1) "Compensation" means the total amount of payments that are includable in gross income received by a public safety service employee as base income for the regularly scheduled work period. The participating employer shall establi…

49-15-103. Creation of system. There is created for members performing public safety service and who are employed by a participating employer the "Public Safety Noncontributory Retirement System."

49-15-104. Creation of trust fund. (1) There is created the "Public Safety Noncontributory Retirement Trust Fund" for the purpose of paying the benefits and the costs of administering this system. (2) The fund shall consist of a number of individual trust accounts created as need…

49-15-201. System membership -- Eligibility. (1) A public safety service employee employed by the state after July 1, 1989, but before July 1, 2011, is eligible for service credit in this system. A public safety service employee employed by the state before July 1, 1989, may eith…

49-15-202. Participation of employers -- Requirements -- Admission -- Full participation in system -- Supplemental programs authorized. (1) An employer that employs public safety service employees and is required by Sectionorto be a participating employer in the Public Employees'…

49-15-203. Exemption of certain employees from coverage. (1) A public safety service employee is excluded from coverage under this system if the employee: is serving: as the Commissioner of Public Safety; as the executive director of the Department of Corrections; or as the elect…