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Utah · Through 2026 General Session

Utah Code § 49-13-403: Allowance payable by lump-sum payment.

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Where this section sits in the code
  1. Title 49 Utah State Retirement and Insurance Benefit Act
  2. Chapter 49-13 Public Employees' Noncontributory Retirement Act
  3. Part 49-13-4 Defined Benefit

(1) If a retiree's allowance, as computed under Section 49-13-402, amounts to $25 or less, the allowance may be settled by the office by making a lump-sum payment of an amount actuarially equivalent to the allowance.

(2) A payment made under this section constitutes a full and complete settlement of the retiree's claim against this system.

Collected 2026-09-03T11:34:33Z. Source file · JSON

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