Effect of participation

Checkout our iOS App for a better way to browser and research.

38-878. Effect of participation

A. Any benefits provided pursuant to this article are in addition to any other benefits provided for the participants and are supplemental to any other retirement plan under which such participants participate.

B. Any income deferred under the deferred compensation plan are included as regular compensation for the purpose of computing the retirement and pension benefits earned by an employee participating in the deferred compensation plan and in any other plan maintained by the employee's employer, unless specifically excluded under the other plan or the state laws governing such other plan.


Download our app to see the most-to-date content.