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Effective – 28 Aug 1999

104.1048. Waiver of monthly payment or COLA. — A person receiving an annuity may waive monthly annuity payments or a cost-of-living adjustment (COLA) for periods of time, provided no waiver may be contrary to applicable federal law. A waiver shall be final as to any payment or COLA waived.

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(L. 1999 S.B. 308 & 314)