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S.B. 18

This document includes Senate 3rd Reading Floor Amendments incorporated into the bill on Wed, Jan 23, 2008 at 11:38 AM by rday. -->              1     

PUBLIC SAFETY RETIREMENT DEATH

             2     
BENEFIT MODIFICATIONS

             3     
2008 GENERAL SESSION

             4     
STATE OF UTAH

             5     
Chief Sponsor: Jon J. Greiner

             6     
House Sponsor: Ron Bigelow

             7     

             8      LONG TITLE
             9      Committee Note:
             10          The Retirement and Independent Entities Interim Committee recommended this bill.
             11      General Description:
             12          This bill raises the cap on the death benefits of retired members of the public safety
             13      retirement systems.
             14      Highlighted Provisions:
             15          This bill:
             16          .    raises the cap on the death benefits of retired members of the Public Safety
             17      Contributory Retirement System; and
             18          .    raises the cap on the death benefits of retired members of the Public Safety
             19      Noncontributory Retirement System.
             20      Monies Appropriated in this Bill:
             21          None
             22      Other Special Clauses:
             23          This bill takes effect on July 1, 2008.
             24      Utah Code Sections Affected:
             25      AMENDS:
             26          49-14-504, as renumbered and amended by Laws of Utah 2002, Chapter 250
             27          49-15-504, as last amended by Laws of Utah 2003, Chapter 240



Text Box

- 2 -
Senate 3rd Reading Amendments 1-23-2008 rd/
             28
    

             29      Be it enacted by the Legislature of the state of Utah:
             30          Section 1. Section 49-14-504 is amended to read:
             31           49-14-504. Benefits payable upon death of retired member.
             32          (1) S. (a) .S If a retiree who retired under either Division A or Division B dies, the
             32a      retiree's
             33      spouse at the time of death shall receive an allowance equal to [65%] 75% of the allowance
             34      that was being paid to the retiree at the time of death.
             34a           S. (b)    The retiree's spouse benefit provided under Subsection (1)(a) shall be paid to
             34b      a spouse that is currently eligible or that becomes eligible for the benefit. .S
             35          (2) If the retiree retired solely under Division B and dies leaving unmarried children
             36      under the age of 18 or dependent unmarried mentally or physically disabled children, the
             37      children shall qualify for a benefit as prescribed for children under Subsection 49-14-502 (1)(c)
             38      which is payable on the first day of the month following the month in which the retiree died.
             39          Section 2. Section 49-15-504 is amended to read:
             40           49-15-504. Benefits payable upon death of retired member.
             41          (1) S. (a) .S If a retiree who retired under either Division A or Division B dies, the
             41a      retiree's
             42      spouse at the time of death shall receive an allowance equal to [65%] 75% of the allowance
             43      that was being paid to the retiree at the time of death.
             43a           S. (b)    The retiree's spouse benefit provided under Subsection (1)(a) shall be paid to
             43b      a spouse that is currently eligible or that becomes eligible for the benefit. .S
             44          (2) If the retiree retired solely under Division B and dies leaving unmarried children
             45      under the age of 18 or dependent unmarried mentally or physically disabled children, the
             46      children shall qualify for a benefit as prescribed under Subsection 49-15-502 (1)(d) which is
             47      payable on the first day of the month following the month in which the retiree died.
             48          Section 3. Effective date.
             49          This bill takes effect on July 1, 2008.





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