Utah Code § 49-14-402
Calculation of retirement allowance
Utah · Utah Code Title 49 — Utah State Retirement and Insurance Benefit Act · Status: effective
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- Citation
- Utah Code § 49-14-402, Calculation of retirement allowance, Utah, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2337995
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Full text
(1) A retiree under this system shall receive an allowance equal to:
(a) 2.5% of final average monthly salary multiplied by the number of years of service credit, limited to 20 years; plus
(b) 2% of final average monthly salary, multiplied by the number of years of service credit in excess of 20 years.
(2)
(a) Except as modified by cost-of-living adjustments and except as provided under Subsection (2)(b), an allowance under this system may not exceed 70% of a retiree's final average monthly salary.
(b) The allowance limitation under Subsection (2)(a) does not apply to a member who initially retires on or after July 1, 2010.