§5-10D-9. When annuities to be paid.
For all of the public retirement plans administered by the
board, the board shall make monthly annuity payments on the
twenty-fifth day of each month, except the month of December, when
the board shall make the payments on the eighteenth day of
December. If the date of payment falls on a holiday, Saturday or
Sunday, then the payment shall be made on the preceding workday.
All annuities shall be paid in twelve monthly payments.