104.080. Member may retire when--waiver of monthly annuity, when.
Member may retire when--waiver of monthly annuity, when.
104.080. Each member may retire the first of the month following themonth during which such member shall reach normal retirement age with a normalannuity. Notwithstanding any other provisions to the contrary, a personreceiving an annuity may waive monthly annuity payments or a cost-of-livingadjustment (COLA) for periods of time, provided no waiver may be contrary toapplicable federal law. A waiver shall be final as to any payment or COLAwaived.
(L. 1955 p. 718 § 17, A.L. 1982 H.B. 1720, et al., A.L. 1988 H.B. 1643 & 1399, A.L. 2004 H.B. 1440)