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Code · Utah · Title 49 — Utah State Retirement and Insurance Benefit Act · Chapter 21

49-21-301. Contributions to fund program -- Adjustment of premium rate.

79 words·~1 min read·/ut/title-49/chapter-21/49-21-301

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49-21-301. Contributions to fund program -- Adjustment of premium rate.
(1)During each legislative session, the board shall certify to the Legislature the employer paid premium rate expressed as a percentage of salary which is required to fund the Public Employees' Long-Term Disability Trust Fund.
(2)Upon the board's recommendation, the Legislature shall adjust the premium rate to maintain adequate funding for the Public Employees' Long-Term Disability Trust Fund.
Renumbered and Amended by Chapter 250 , 2002 General Session
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