Montana Statutes
§ 19-2-906 — Limitations On Disability Or Survivorship Benefits
Montana·Title 19 PUBLIC RETIREMENT SYSTEMS·Ch. 2 PUBLIC EMPLOYEES' RETIREMENT GENERAL PROVISIONS·Part 9 Management of Benefit Payments
19-2-906 . Limitations on disability or survivorship benefits. If the board determines that the disability or death of a member of a defined benefit plan is proximately caused by the gross negligence, willful misconduct, or violation of the law by the member, the board may revoke, suspend, or refuse to grant benefits except an annuity that is the actuarial equivalent of the member's accumulated contributions with regular interest to the day the benefit commences.
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Legislative History
En. 11-1887 by Sec. 28, Ch. 456, L. 1977; R.C.M. 1947, 11-1887; amd. Sec. 34, Ch. 265, L. 1993; Sec. 19-9-1004 , MCA 1991; redes. 19-2-906 by Sec. 238, Ch. 265, L. 1993; amd. Sec. 19, Ch. 471, L. 1999.
Nearby Sections
15
§ 19-2-1001
Maximum Contribution And Benefit Limitations§ 19-2-1002
Termination Of Plan§ 19-2-1004
Exemption From Taxes And Legal Process§ 19-2-1005
Compensation Limit§ 19-2-1006
Use Of Forfeitures§ 19-2-1007
Required Distributions§ 19-2-1008
Budget Act Superseded§ 19-2-1009
Penalty For Fraud§ 19-2-101
Renumbered 19-50-101§ 19-2-1010
Retaining Qualified Plan Status -- Content Of Plan Document -- Board Rulemaking Authority§ 19-2-1012
Reserved