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2025 Utah Code
Title 49 - Utah State Retirement and Insurance Benefit Act
Chapter 22 - New Public Employees' Tier II Contributory Retirement Act
Part 4 - Tier II Defined Contribution Plan
Section 403 - Eligibility to receive a retirement allowance for a benefit tied to a retirement date for defined contribution members.
Universal Citation:
UT Code § 49-22-403 (2025)
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Effective 7/1/2021
49-22-403. Eligibility to receive a retirement allowance for a benefit tied to a retirement date for defined contribution members.
Amended by Chapter 345, 2021 General Session
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 on which the member has ceased employment and would be qualified to receive an allowance under Section 49-22-304 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.
Amended by Chapter 345, 2021 General Session
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