(2.5) Notwithstanding section 31-31-408 or 31-31-1102 (5) or the terms of an agreement entered into pursuant to section 31-31-706 (2), the board may modify or amend the plan provisions contained in part 4 of this article or a plan document or rules of a plan within the defined benefit system as the board deems prudent and necessary to administer benefits under the plan consistently and uniformly across the defined benefit system in a manner that does not result in an actuarial cost to the plan. Such modifications or amendments may include changes to the options for the distribution of benefits. This subsection (2.5) shall not be construed to authorize modification to the amount of a normal benefit.
Source: L. 2006: Entire section added, p. 183, § 10, effective March 31. L. 2009: (3) amended, (HB 09-1030), ch. 16, p. 90, § 4, effective August 5. L. 2012: (2.5) added, (HB 12-1031), ch. 68, p. 236, § 1, effective August 8.