As Amended
SEC. 25-11-403. Contributions to annuity contracts.
Retirement and death benefits shall be provided to participants in the optional retirement program by contribution to annuity contracts, fixed or variable in nature or a combination thereof, at the option of the participant. The state and the participants shall contribute, in accordance with this article, toward the purchase of benefits under such contracts, which contracts shall become the property of the participants.
SOURCES: Laws, 1990, ch. 458, Sec. 2, eff from and after passage (approved March 24, 1990).