Sec. 10-183q. Funds not assignable and exempt from attachment.
Sec. 10-183q. Funds not assignable and exempt from attachment. The portion
of each member's compensation deducted or to be deducted under this chapter and all
rights of each member and of each survivor to receive benefits or other payments under
this chapter shall be exempt from the operation of any laws relating to bankruptcy or
insolvency; and shall not be subject to garnishment, attachment, execution, levy or any
other similar legal process of any court. No assignment of any right of a member or any
other person to receive benefits or other payments from the system shall be valid. The
funds of the system invested in personal property shall be exempt from taxation.
(P.A. 78-208, S. 16, 35; June Sp. Sess. P.A. 91-3, S. 95, 168.)
History: June Sp. Sess. P.A. 91-3 removed exemption from taxation, effective August 22, 1991, and applicable to
taxable years of taxpayers commencing on or after January 1, 1991.