Sec. 39.35.395. Voluntary contribution benefit.
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Sec. 39.35.395. Voluntary contribution benefit.
The balance of the employee's savings account shall be paid in one of the following options as elected by the employee:
(1)a lump sum payment; or
(2)a life annuity on a full cash refund or term-certain basis; or
(3)installments over a designated period of time.