§ 49-21-408. Limitation of service credit accrual -- Disability benefits from a long-term disability program other than under this chapter. (Effective 3/3/2014)


Latest version.
  •      Beginning on July 1, 2014, an eligible employee who receives a monthly disability benefit from a long-term disability program other than under this chapter and who is eligible for service credit under a system or plan shall accrue service credit in that system or plan until the earlier of:
    (1) the date of the eligible employee's death;
    (2) the date the eligible employee retires from the system or plan; or
    (3) the date the eligible employee has accumulated or would have accumulated service credit in a defined benefit system or plan under this title, sufficient to be eligible to retire with an unreduced allowance, if the employee had not:
    (a) chosen a defined contribution plan under Title 49, Chapter 22, Part 4, Tier II Defined Contribution Plan, or under Title 49, Chapter 23, Part 4, Tier II Defined Contribution Plan;
    (b) been a volunteer firefighter; or
    (c) been exempted from a retirement system or plan under this title.
Enacted by Chapter 15, 2014 General Session