2006 Utah Code - 49-15-301 — Contributions -- Two divisions.

     49-15-301.   Contributions -- Two divisions.
     (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 divisions according to Social Security coverage.
     (a) Members of this system with on-the-job Social Security coverage are Division A.
     (b) Members of this system without on-the-job Social Security coverage are in Division B.
     (3) Contribution rates for a participating employer may be different than for other participating employers based on the participating employer's current funding status and actuarial experience.

Amended by Chapter 118, 2004 General Session