Effective 7/1/2022 49-22-401. Contributions — Rates. (1) Up to the amount allowed by federal law, the participating employer shall make a nonelective contribution of 10% of the participant’s compensation to a defined contribution plan. (2) (a) The participating employer shall contribute the 10% nonelective contribution described in Subsection (1) to a defined contribution plan qualified […]
49-22-402. Defined contribution distributions for members with a disability. For a person with a disability who receives contributions under Subsection 49-11-404(4)(b), the member with a disability may begin receiving distributions from the defined contributions made by the participating employer on behalf of the member with a disability when the person would have been eligible to […]
Effective 7/1/2021 49-22-403. Eligibility to receive a retirement allowance for a benefit tied to a retirement date for defined contribution members. (1) As used in this section, “eligible to receive a retirement allowance” means the date selected by the member who is a participant under this part on which the member has ceased employment and […]
