Terms Used In Utah Code > Title 49 > Chapter 14 > Part 3 - Contributions

• Compensation: includes performance-based bonuses and cost-of-living adjustments. See Utah Code 49-14-102
• Contributions: means the total amount paid by the participating employer and the member into a system or to the Utah Governors' and Legislators' Retirement Plan under Chapter 19, Utah Governors' and Legislators' Retirement Act. See Utah Code 49-11-102
• Employer: means any department, educational institution, or political subdivision of the state eligible to participate in a government-sponsored retirement system under federal law. See Utah Code 49-11-102
• Member: means a person, except a retiree, with contributions on deposit with a system, the Utah Governors' and Legislators' Retirement Plan under Chapter 19, Utah Governors' and Legislators' Retirement Act, or with a terminated system. See Utah Code 49-11-102
• Member contributions: means the sum of the contributions paid to a system or the Utah Governors' and Legislators' Retirement Plan, including refund interest if allowed by a system, and which are made by:

  (a)	the member; and

  (b)

  the participating employer on the member's behalf under Section 414(h) of the Internal Revenue Code. See Utah Code 49-11-102 Office: means the Utah State Retirement Office. See Utah Code 49-11-102 Participating employer: means an employer that meets the participation requirements of Section 49-14-201. See Utah Code 49-14-102 Refund interest: means the amount accrued on member contributions at a rate adopted by the board. See Utah Code 49-11-102 System: means the Public Safety Contributory Retirement System created under this chapter. See Utah Code 49-14-102