The balance of the employee's savings account shall be paid in one of the following options as elected by the employee:
(1) a lump sum payment; or
(2) a life annuity on a full cash refund or term-certain basis; or
(3) installments over a designated period of time.
Section: Previous 39.35.371 39.35.375 39.35.380 39.35.381 39.35.385 39.35.389 39.35.390 39.35.395 39.35.400 39.35.410 39.35.415 39.35.420 39.35.430 39.35.440 39.35.450 NextLast modified: November 15, 2016