Utah § 49-17-402 - Calculation of retirement allowance.

Full text of Utah Utah Code § 49-17-402 — Calculation of retirement allowance., with citation guidance and answers to common questions.

§ 49-17-402. Calculation of retirement allowance.

Effective 3/3/2014
49-17-402.  Calculation of retirement allowance.
(1) A retiree under this system shall receive an allowance equal to:
(a) 5% of the final average monthly salary multiplied by the number of years of service credit, limited to 10 years; plus
(b) 2.25% of the final average monthly salary multiplied by the number of years of service credit in excess of 10 years and up to and including 20 years; plus
(c) 1% of the 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 75% of the member'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.
(3) If the retiree has attained the age of 55 years and has 20 years or more but less than 25 years of service credit, the retiree shall receive an early retirement reduction to the allowance based on an actuarial calculation assuming a normal retirement age of 65 years.


Amended by Chapter 15, 2014 General Session

Source: official Utah text · Last verified 2026-08-27

Related Utah Legal Topics

Frequently Asked Questions About Utah § 49-17-402

What does Utah Code § 49-17-402 cover?

Section 49-17-402 ("Calculation of retirement allowance.") is part of the Utah Code, the codified statutory law of Utah. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Utah § 49-17-402?

A common citation format is "Utah Code § 49-17-402" (Utah). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Utah law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Utah official source linked on this page or consult a licensed Utah attorney.

How does Utah § 49-17-402 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Utah can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Utah.