{"data":{"id":"us-ut/utah-code-49-12-403","jurisdiction":"us-ut","citation":"Utah Code § 49-12-403","heading":"Allowance payable by lump sum payment.","body":"(1) If a retiree's allowance, as computed under this chapter, 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.\n(2) A payment made under this section constitutes a full and complete settlement of the retiree's claim against this system.","path":["Title 49 Utah State Retirement and Insurance Benefit Act","Chapter 49-12 Public Employees' Contributory Retirement Act","Part 49-12-4 Defined Benefit"],"source_url":"https://le.utah.gov/xcode/Title49/Chapter12/49-12-S403.html","current_through":"2026 General Session","vintage":"","retrieved_at":"2026-09-03T11:34:33Z","sha256":"214fadf7043d478336cebc21108551ee494c257d19f46abb68716d4db2ff1724","source_id":"us-ut","stale":false,"prev":"us-ut/utah-code-49-12-402","next":"us-ut/utah-code-49-12-404"},"notice":"GroundRules: Original legal text. Not legal advice."}