COMPUTATION OF SEPARATION BENEFITS.

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

59-1358. COMPUTATION OF SEPARATION BENEFITS. The separation benefit shall equal the excess, if any, of the member’s accumulated contributions at the time the benefit becomes payable over the aggregate of all retirement allowance payments ever made to the member.

History:

[(59-1358) 1963, ch. 349, Art. 6, sec. 5, p. 988; am. and redesig. 1990, ch. 231, sec. 46, p. 640.]


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