49-11-620 - Closing the retirement account -- Status of retirees and beneficiaries. - Utah Statutes

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Statutes > Utah > Title-49 > Chapter-11 > 49-11-620

49-11-620. Closing the retirement account -- Status of retirees and beneficiaries.
(1) The monthly benefit payable for the month a retiree, beneficiary, or alternate payeedies shall be a full monthly benefit and shall be payable to the estate of the deceased.
(2) If more than one year has elapsed since the death of a retiree whose designatedbeneficiary is deceased and whose account payable to the beneficiary amounts to $100 or less,the account shall be closed and further payment may not be made.

Enacted by Chapter 250, 2002 General Session

State Codes and Statutes

Statutes > Utah > Title-49 > Chapter-11 > 49-11-620

49-11-620. Closing the retirement account -- Status of retirees and beneficiaries.
(1) The monthly benefit payable for the month a retiree, beneficiary, or alternate payeedies shall be a full monthly benefit and shall be payable to the estate of the deceased.
(2) If more than one year has elapsed since the death of a retiree whose designatedbeneficiary is deceased and whose account payable to the beneficiary amounts to $100 or less,the account shall be closed and further payment may not be made.

Enacted by Chapter 250, 2002 General Session

State Codes and Statutes

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State Codes and Statutes

Statutes > Utah > Title-49 > Chapter-11 > 49-11-620

49-11-620. Closing the retirement account -- Status of retirees and beneficiaries.
(1) The monthly benefit payable for the month a retiree, beneficiary, or alternate payeedies shall be a full monthly benefit and shall be payable to the estate of the deceased.
(2) If more than one year has elapsed since the death of a retiree whose designatedbeneficiary is deceased and whose account payable to the beneficiary amounts to $100 or less,the account shall be closed and further payment may not be made.

Enacted by Chapter 250, 2002 General Session