Idaho Admin. Code r. 59.01.01.527

Current through September 2, 2024
Section 59.01.01.527 - MAXIMUM RETIREMENT ALLOWANCE

If the amount of a member's initial retirement allowance on the date of retirement would exceed the average salary during the member's highest thirty-six (36) consecutive calendar months of salary, then the member's initial retirement allowance will be limited to the greater of: the average salary during the highest thirty-six (36) consecutive calendar months of salary; or the initial retirement allowance based on credited service through April 1990. Optional retirement allowances will be computed after any limitation above has been applied.

Idaho Admin. Code r. 59.01.01.527

Effective July 1, 2024