Montana Statutes

§ 19-3-514 — Service Purchase Limit -- Exception

Montana·Title 19 PUBLIC RETIREMENT SYSTEMS·Ch. 3 PUBLIC EMPLOYEES' RETIREMENT SYSTEM·Part 5 Service Credit

19-3-514 . Service purchase limit -- exception.

(1)Except as provided in subsection (2), a member may not purchase more than a combined total of 5 years under 19-3-503 , 19-3-511 (3)(b), 19-3-512 , 19-3-513 , and 19-3-515 .
(2)A member who has purchased service credit under 19-3-503 or 19-3-512 on or before January 1, 1990, and who elects to purchase service credit under 19-3-513 must receive credit for the full months of service credit purchased on or before January 1, 1990.

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Legislative History

En. Secs. 28, 29, Ch. 99, L. 2001; amd. Sec. 2, Ch. 292, L. 2003; amd. Sec. 29, Ch. 429, L. 2003.

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