Current as of May 05, 2022 | Updated by FindLaw Staff
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The rate of interest charged on redeposits of refunds, adjustments, or delinquent payments is the greater of:
(1) the interest rate as determined under a formula approved by the board; or
(2) the actuarial interest rate as of the preceding June 30.
Cite this article: FindLaw.com - Utah Code Title 49. Utah State Retirement and Insurance Benefit Act § 49-11-503. Rate of interest on redeposits, adjustments, and delinquent payments - last updated May 05, 2022 | https://codes.findlaw.com/ut/title-49-utah-state-retirement-and-insurance-benefit-act/ut-code-sect-49-11-503/
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