19-20-1204. Recovery of unpaid employee contributions
19-20-1204. Recovery of unpaid employee contributions. (1) An amount owed for unpaid employee contributions must be paid to the retirement system by the employer if, at the time the contributions were due, the employer was legally required to pick up and remit the contributions to the retirement system on behalf of the member pursuant to 19-20-602(3)(a) […]
19-20-1004. Compliance with federal act
19-20-1004. Compliance with federal act. With respect to a member’s death occurring on or after January 1, 2007, while a member is performing qualified military service covered under the Heroes Earnings Assistance and Relief Tax Act of 2008, Public Law 110-245, and to the extent required by section 401(a)(37) of the Internal Revenue Code, 26 U.S.C. […]
19-20-1005. Alternate beneficiaries
19-20-1005. Alternate beneficiaries. (1) A decedent’s alternate beneficiary is the decedent’s estate if the estate is probated. (2) (a) If the decedent’s estate is not informally or formally probated, the alternate beneficiaries are the surviving individuals determined in the following order of priority, the decedent’s: (i) legal spouse; (ii) natural and adopted children, in equal shares; (iii) parents, in equal shares; […]
19-20-1006. When beneficiaries designated — eligible beneficiaries — right to renounce
19-20-1006. When beneficiaries designated — eligible beneficiaries — right to renounce. (1) Upon first becoming an active member of the retirement system, the member shall designate one or more primary beneficiaries and may designate one or more contingent beneficiaries. (2) (a) At the time of retirement, the member’s beneficiary designations under subsection (1) are void and the member […]
19-20-902. Allowance for disability retirement
19-20-902. Allowance for disability retirement. (1) Upon retirement for disability, a member must receive a disability retirement allowance equal to the greater of: (a) one-sixtieth of the member’s average final compensation multiplied by the sum of the number of years of creditable service, including service transferred under 19-20-409; or (b) one-fourth of the member’s average final compensation. (2) The […]
19-20-903. Medical examination of disability retiree
19-20-903. Medical examination of disability retiree. (1) Once each year during the first 5 years following the retirement of a member on a disability retirement allowance and once in every 3-year period thereafter, the retirement board may require a disability benefit recipient who has not yet attained the age of 60 to undergo a medical examination […]
19-20-904. Adjustment of allowance
19-20-904. Adjustment of allowance. (1) (a) Except as provided by subsection (1)(b), if a retiree receiving a disability retirement allowance is engaged in or is able to engage in a gainful occupation paying more than the difference between the retiree’s retirement allowance and the retiree’s average final compensation or the difference between the median average final […]
19-20-905. Cancellation of allowance and restoration of membership
19-20-905. Cancellation of allowance and restoration of membership. (1) If a disabled retiree is employed in a position reportable to the retirement system and earns compensation in any calendar year in excess of the limitation provided in 19-20-904, the retiree’s retirement allowance must cease and the retiree must again become an active member of the retirement […]
19-20-1001. Payments upon death of member prior to retirement
19-20-1001. Payments upon death of member prior to retirement. (1) If a member dies before retirement: (a) except as provided in subsection (2), a lump-sum refund of the member’s account balance must be paid to the member’s eligible beneficiary or beneficiaries; (b) if the deceased member was vested and was an active member in the retirement system within […]
19-20-1002. Payments upon death of retiree
19-20-1002. Payments upon death of retiree. (1) In the event of the death of a retired member: (a) a lump-sum death benefit of $500 is payable to the joint annuitant or in equal shares to the deceased retiree’s eligible beneficiary or beneficiaries receiving benefits under either subsection (2), (3), or (4) and is in addition to those […]