49-21-301 - Contributions to fund program -- Adjustment of premium rate.
49-21-301. Contributions to fund program -- Adjustment of premium rate.
(1) During each legislative session, the board shall certify to the Legislature the employerpaid premium rate expressed as a percentage of salary which is required to fund the PublicEmployees' Long-Term Disability Trust Fund.
(2) Upon the board's recommendation, the Legislature shall adjust the premium rate tomaintain adequate funding for the Public Employees' Long-Term Disability Trust Fund.
Renumbered and Amended by Chapter 250, 2002 General Session