Montana Statutes
§ 19-19-505 — Withholding Of Group Insurance Premium From Retirement Benefit
19-19-505 . Withholding of group insurance premium from retirement benefit. A retiree who is a participant in an employee group insurance plan that permits participation in the group plan following retirement may elect to have the monthly premium for group insurance withheld by the department of administration and paid directly by the department to the insurance carrier. In order to qualify for this withholding, a retiree must be a participant in a group insurance plan available to the employees of the former employer. Withholding may not be made for any retiree covered by an individual insurance policy.
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Legislative History
En. 11-1845.1 by Sec. 2, Ch. 214, L. 1977; R.C.M. 1947, 11-1845.1; Sec. 19-10-505 , MCA 1991; redes. 19-19-505 by Code Commissioner, 1993; amd. Sec. 256, Ch. 56, L. 2009.
Nearby Sections
15
§ 19-19-101
Definition§ 19-19-201
Local Boards Of Trustees Of Funds§ 19-19-202
Limit On Use Of Fund§ 19-19-203
Investment Of Fund§ 19-19-204
Trustees' Report To State Auditor§ 19-19-301
City's Contribution To Fund§ 19-19-302
Officer's Contribution Deducted From Salary§ 19-19-303
Refund Of Officer's Contribution§ 19-19-304
Gifts And Money To Be Applied To Fund§ 19-19-401
Eligibility For Service Retirement§ 19-19-402
Eligibility For Disability Retirement§ 19-19-403
Option Of Officer To Remain On Active List§ 19-19-404
Reinstatement To Retired List