38-819. Lump sum payment of benefit increases
Notwithstanding any provision of this article, the board, at the request of a retired member, a survivor or the retired member's or survivor's guardian or conservator, may pay any increase in retirement benefits pursuant to this article in a lump sum payment based on the actuarial present value of the increase in the retirement benefits if the payment of the increase in retirement benefits would result in ineligibility for, reduction of or elimination of social service programs provided to the retired member or survivor by this state, a political subdivision of this state or the federal government.
Section: Previous 38-816 38-816.01 38-817 38-818 38-818.01 38-818.02 38-818.03 38-819 38-820 38-821 38-822 38-831 38-832 38-833 38-840 NextLast modified: October 13, 2016