19-6-401. Payments into pension trust fund. There is a pension trust fund for the payment of benefits under the retirement system. All appropriations made by the state, all contributions by members, in the amount specified, and all interest on and earnings from the investment of money in this pension trust fund must be deposited in the […]
19-6-402. Member’s contribution. (1) (a) A member not covered under 19-6-710 shall contribute the following percentage of the member’s compensation: (i) beginning July 1, 2013, through June 30, 2014, 10%; (ii) beginning July 1, 2014, through June 30, 2015, 11%; (iii) beginning July 1, 2015, through June 30, 2016, 12%; and (iv) beginning July 1, 2016, 13%. (b) A member covered under […]
19-6-403. Refund of member’s contribution. If a member willingly resigns or is discharged for cause before becoming entitled to a retirement benefit, the accumulated contributions standing to the member’s credit must be paid to the member upon the member’s filing of a written application with the board. History: En. Sec. 17, Ch. 37, L. 1945; amd. Sec. […]
19-6-404. State employer contribution — statutory appropriation. The state shall pay as employer contributions 38.33% of compensation paid to all of the employer’s employees, except those properly excluded from membership, from the following sources: (1) an amount equal to 28.15% of the total compensation of the members, which is payable, as appropriated by the legislature, from the […]
19-6-405. Repealed. Sec. 236, Ch. 265, L. 1993. History: En. Sec. 5, Ch. 37, L. 1945; amd. Sec. 1, Ch. 158, L. 1949; amd. Sec. 1, Ch. 176, L. 1953; amd. Sec. 202, Ch. 147, L. 1963; amd. Sec. 6, Ch. 326, L. 1974; R.C.M. 1947, 31-205(part); amd. Sec. 1, Ch. 217, L. 1989; amd. Sec. 2, […]
19-6-406. Repealed. Sec. 236, Ch. 265, L. 1993. History: En. Sec. 6, Ch. 37, L. 1945; amd. Sec. 3, Ch. 243, L. 1955; amd. Sec. 203, Ch. 147, L. 1963; amd. Sec. 7, Ch. 326, L. 1974; amd. Sec. 2, Ch. 332, L. 1977; R.C.M. 1947, 31-206(2).
19-6-407. Repealed. Sec. 236, Ch. 265, L. 1993. History: En. Sec. 31-230 by Sec. 14, Ch. 243, L. 1955; amd. Sec. 14, Ch. 326, L. 1974; R.C.M. 1947, 31-230.
19-6-408. Repealed. Sec. 236, Ch. 265, L. 1993. History: En. Sec. 6, Ch. 37, L. 1945; amd. Sec. 3, Ch. 243, L. 1955; amd. Sec. 203, Ch. 147, L. 1963; amd. Sec. 7, Ch. 326, L. 1974; amd. Sec. 2, Ch. 332, L. 1977; R.C.M. 1947, 31-206(3).
19-6-409. Repealed. Sec. 236, Ch. 265, L. 1993. History: En. Sec. 3, Ch. 138, L. 1991.
19-6-410. (Temporary) State contribution for supplemental benefits — statutory appropriation. The state shall annually contribute to the pension trust fund the lump-sum amount determined by the board as required to pay benefits under 19-6-709. The amount must be calculated based upon the number of individuals eligible as provided in 19-6-709(1) through (3) and based upon the […]
