Utah Code Title 49. Utah State Retirement and Insurance Benefit Act § 49-19-404. Annual cost-of-living adjustment

(a) an original allowance paid under Section 49-19-402 and Part 5, Death Benefit, of this chapter if the benefit has been paid for at least one year;

(b) an original payment made to an alternate payee under a domestic relations order, if the payment is to be paid as a percentage of the allowance rather than a specific dollar amount;  and

(c) the base retirement amount for governors and legislators under Section 49-19-402.

(2)(a) The original allowance shall be increased by the annual increase in the Consumer Price Index up to a maximum of 4%.

(b) Annual increases in the Consumer Price Index in excess of 4% shall be accumulated and used in subsequent adjustments when the increase in the Consumer Price Index is less than 4%.