Tier II Hybrid Retirement System

  1. Law
  2. Utah Code
  3. Utah State Retirement and Insurance Benefit Act
  4. New Public Safety and Firefighter Tier II Contributory Retirement Act
  5. Tier II Hybrid Retirement System

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Section
301

Contributions.

Section
302

Defined contribution benefit established -- Contribution by employer and employee -- Vesting of contributions -- Plans to be separate -- Tax-qualified status of plans.

Section
303

Defined benefit eligibility for an allowance -- Date of retirement -- Qualifications.

Section
304

Defined benefit service retirement plans -- Calculation of retirement allowance -- Social security limitations.

Section
305

Allowance payable by lump-sum payment.

Section
306

Lump-sum death benefit for retiree and spouse.

Section
307

Defined benefit annual cost-of-living adjustment.

Section
308

Purchase of service credit -- Conditions -- Cost -- Nondiscrimination policy.

Section
309

Defined benefit adjustments -- Conditions -- Process -- Future years accrual.