As Amended
SEC. 21-29-307. Benefits exempt from taxes, attachment or other process, and unassignable.
The right of a person to an annuity, a retirement allowance, or benefit, or to the return of contributions, or to any optional benefit or any other right accrued or accruing to any person under the provisions of Articles 1, 3 or 5; the system; and the monies in the system created by such articles, are hereby exempt from any state, county or municipal ad valorem taxes, income taxes, premium taxes, privilege taxes, property taxes, sales and use taxes, or other taxes not so named, notwithstanding any other provision of law to the contrary, and exempt from levy and sale, garnishment, attachment or any other process whatsoever, and shall be unassignable except as in the cited articles specifically otherwise provided effective January 1, 1988.
SOURCES: Laws, 1989, ch. 503, Sec. 2; 1990, ch. 523, Sec. 1, eff from and after January 1, 1990. Laws, 1993, ch. 523, Sec. 2, eff from and after January 1, 1994.