Montana Statutes
§ 19-8-1003 — Nonduty-Related Death Of Active Member
Montana·Title 19 PUBLIC RETIREMENT SYSTEMS·Ch. 8 GAME WARDENS' AND PEACE OFFICERS' RETIREMENT·Part 10 Survivorship Benefits and Death Payments
19-8-1003 . Nonduty-related death of active member.
(1)If a vested member dies before reaching normal retirement age, the member's designated beneficiary may choose either a lump-sum refund of the member's accumulated contributions or the actuarial equivalent of the service retirement benefit provided for in 19-8-603 .
(2)If a nonvested member dies before reaching normal retirement age, the member's designated beneficiary is entitled to a lump-sum refund of the accumulated contributions standing to the member's credit at the time of the member's death.
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Legislative History
En. Sec. 174, Ch. 265, L. 1993; amd. Sec. 35, Ch. 99, L. 2011; amd. Sec. 25, Ch. 195, L. 2017; amd. Sec. 22, Ch. 477, L. 2025.
Nearby Sections
15
§ 19-8-1001
Benefits Upon Employment-Related Death§ 19-8-1002
Postretirement Death Payments§ 19-8-1003
Nonduty-Related Death Of Active Member§ 19-8-101
Definitions§ 19-8-103
Repealed§ 19-8-104
Repealed§ 19-8-105
Short Title§ 19-8-1101
Repealed§ 19-8-1102
Repealed§ 19-8-1103
Repealed§ 19-8-1104
Repealed§ 19-8-1105
Guaranteed Annual Benefit Adjustment§ 19-8-1106
Through 19-8-1109 Reserved