38-905.01. 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 38-900 38-900.01 38-901 38-902 38-903 38-904 38-905 38-905.01 38-905.02 38-905.03 38-905.04 38-906 38-907 38-908 38-909 NextLast modified: October 13, 2016