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Utah Code Title 49. Utah State Retirement and Insurance Benefit Act § 49-12-408. Minimum monthly allowance

Current as of January 01, 2025 | Updated by Findlaw Staff

(1) A retiree under this system may not receive less than $9 per month for each year of service credit at the time of retirement.

(2) The increased allowance provided by this section may not exceed the allowance payable under Option One under Section 49-12-402, by more than 75%.

(3) The cost of providing this benefit shall be assumed within the contribution rate established under Section 49-12-301.

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Cite this article: FindLaw.com - Utah Code Title 49. Utah State Retirement and Insurance Benefit Act § 49-12-408. Minimum monthly allowance - last updated January 01, 2025 | https://codes.findlaw.com/ut/title-49-utah-state-retirement-and-insurance-benefit-act/ut-code-sect-49-12-408/

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.

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