Utah Code 49-12-408. Minimum monthly allowance

(1) A retiree under this system may not receive less than $9 per month for each year of service credit at the time of retirement.

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Month: means a calendar month, unless otherwise expressed. See Utah Code 68-3-12.5
Retiree: means an individual who has qualified for an allowance under this title. See Utah Code 49-11-102
Retirement: means the status of an individual who has become eligible, applies for, and is entitled to receive an allowance under this title. See Utah Code 49-11-102
Service credit: means :
(50)(a) the period during which an employee is employed and compensated by a participating employer and meets the eligibility requirements for membership in a system or the Utah Governors' and Legislators' Retirement Plan, provided that any required contributions are paid to the office; and
(50)(b) periods of time otherwise purchasable under this title. See Utah Code 49-11-102
System: means the Public Employees' Contributory Retirement System created under this chapter. See Utah Code 49-12-102

(2) The increased allowance provided by this section may not exceed the allowance payable under Option One under Section 49-12-402, by more than 75%.

(3) The cost of providing this benefit shall be assumed within the contribution rate established under Section 49-12-301.