Late retirement; definition

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38-759. Late retirement; definition

A. A member who is eligible for normal retirement benefits on the member's normal retirement date may elect to defer receiving retirement benefits.

B. Notwithstanding this section, payment of a member's deferred benefits shall not commence later than the member's required beginning date.

C. For the purposes of this section, " required beginning date" has the same meaning prescribed in section 38-775.


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