Utah Code Title 49

The laws that govern the retirement systems are set forth in Utah Code Title 49

2011: Amendments to Public Employee's Benefit and Insurance Program

Sub S.B. 308 - Makes technical changes and clarifications to the program.

2011: Changes to post-retirement employment

S.B. 127 - Allows post-retirement employment within one year if:
  • the retiree doesn’t receive any employer paid benefits; and
  • the retiree doesn’t earn more than a certain amount for any calendar year.

2011: Volunteer Firefighters LTD

H.B. 107 - Gives long-term disability benefits to volunteer firefighters.

2011: Board of Pardons added to Public Safety

S.B. 90 - Adds the Board of Pardons and Parole to the Public Safety Systems.

2011: Investment in Iran

S.B. 112 - Requires URS to avoid investing in Iran.

2010: Senate Bill 43

Post-Retirement Employment Amendments Effective: July 1, 2010

  • Removes the requirement that participating employers, who hire a retiree, contribute into a defined contribution (DC) plan the same percentage of a retiree's salary that would have been contributed to the defined benefit (DB) plan if the retiree were an active member.
  • Caps at the "normal cost," the amount an employer who hires a retiree before July 1, 2010, may contribute into a DC plan. The "normal cost" is the portion of the contribution rate required to fund a current employee's retirement benefit and does not include the amortization cost for unfunded liabilities in the DB plan.
  • Removes the cap on the maximum retirement benefit a retiree of the Public Safety, Firefighters', or Judges' Retirement Systems may receive.

Retiree - Rehired Prior to July 1, 2010

  • Between now and July 1, 2010, the rehired retiree will earn a salary, collect his or her retirement benefit, and receive a defined contribution equal to the amount that would have been contributed to the DB plan if the retiree were an active member.
  • On and after July 1, 2010, the rehired retiree will earn a salary, continue to collect his or her retirement benefit, and may, at the discretion of the employer, receive a defined contribution not to exceed the normal cost.

Retiree - Rehired On or After July 1, 2010

  • Requires a separation from employment (including part-time and contract arrangements) with any participating employer for one year from the retirement date with the Utah Retirement Systems (URS).
  • If employed by a participating employer within one year of retirement date with URS, retirement benefit is canceled, employee is returned to active status, and earns additional service credit if eligible for service credit accrual.
  • If employed by a participating employer after one year from the date of retirement, the employee will elect to either:
    • earn a salary and continue to receive the retirement benefit; or
    • earn a salary and cancel the retirement benefit in order to earn additional service credit; if re-employed for at least 2 years, a separate benefit will be calculated based upon the new service and salary at the time of the second retirement, and the previous retirement benefit and the new retirement benefit will be combined.

Education and Marketing:

Overview of Senate Bill 43 (watch video)

Overview of Senate Bill 43 (printable version)

Links to Other Resources about Legislative Information

Utah State Legislature - Senate Bill 43 text

Office of Legislative research and General Counsel - Summary


2010: Senate Bill 63

New Public Employees Tier 2 Contributory Retirement Act Effective: July 1, 2011

  • Tier 1 employees are employees who began employment prior to July 1, 2011.
  • Tier 1 employees’ defined benefit (DB) retirement benefits are not changed by S.B. 63 in any way.
  • Tier 1 state and school employees will continue to receive the 1.5% employer paid defined contribution (DC).
  • Existing retirees and future Tier 1 retirees promised retirement benefits are not changed.
  • Tier 2 employees are employees who begin initial employment on or after July 1, 2011.
  • Tier 2 employees will choose between a DC retirement benefit or a hybrid retirement benefit (combination of DC and DB plans).

Tier 2 Public Employees

  • Employer contribution for Tier 2 public employees is 10% of salary.
  • Tier 2 public employees who choose the DC retirement benefit will have10% of salary placed in a DC account.
  • Tier 2 public employees who select the hybrid retirement benefit will have the DB option funded by the employer contribution and any excess between the 10% contribution and the cost of the DB plan will go into the employee’s DC account; if the cost of the DB plan exceeds 10% of salary, the employee will be required to contribute the difference to fund the DB plan and no employer funds will go into the employee’s DC account.
  • Tier 2 public employees’ DB has a 1.5% multiplier, 5 year final average salary, 35 year retirement at any age, up to a 2.5% COLA, death benefit, and disability benefit.

Tier 2 Public Safety (PS) and Firefighter (FF) Employees

  • Employer contribution for Tier 2 PS and FF employees is 12% of salary.
  • Tier 2 PS and FF employees who choose the DC retirement benefit will have 12% of salary placed in a DC account.
  • Tier 2 PS and FF employees who select the hybrid retirement benefit will have the DB option funded by the employer contribution and any excess between the 12% contribution and the cost of the DB plan will go into the employee’s DC account; if the cost of the DB plan exceeds 12% of salary, the employee will be required to contribute the difference to fund the DB plan and no employer funds will go into the employee’s DC account.
  • Tier 2 PS and FF employees’ DB has a 1.5% multiplier, 5 year final average salary, 25 year retirement at any age, up to a 2.5% COLA, death benefit, line-of-duty death benefit, and disability benefit.

Education and Marketing:

Overview of Senate Bill 63 (watch video)

Overview of Senate Bill 63 (printable version)

Links to Other Resources about Legislative Information

Utah State Legislature - Senate Bill 63 text

Office of Legislative research and General Counsel - Summary