25-14-13 - Deferred compensation considered as compensation for purpose of retirement, pension, and benefit programs.
§ 25-14-13. Deferred compensation considered as compensation for purpose of retirement, pension, and benefit programs.
Notwithstanding any other provision of law to the contrary, any compensation deferred under this chapter shall be considered part of an employee's compensation for purposes of any other employee retirement, pension, or benefit program. No deferral of income under the deferred compensation program shall effect a reduction of any retirement, pension, or other benefit program provided by law.
Sources: Laws, 1973, ch. 399, § 7, eff from and after passage (approved March 28, 1973).