Montana § 19-8-601 Time Of Retirement

Montana Statutes

§ 19-8-601 — Time Of Retirement

Montana·Title 19 PUBLIC RETIREMENT SYSTEMS·Ch. 8 GAME WARDENS' AND PEACE OFFICERS' RETIREMENT·Part 6 Service Retirement Benefits

19-8-601 . Time of retirement.

(1)Subject to a member's right to a refund of the member's accumulated contributions under Title 19, chapter 2, part 6, the following members are eligible to receive a nonforfeitable service retirement benefit under 19-8-603 :

(a)a member who has terminated service, completed at least 20 years of membership service, reached 50 years of age, and files a written application with the board; or

(b)a vested member who terminated service before completing 20 years of membership service and applies to begin receiving a service retirement benefit upon reaching 55 years of age.

(2)For purposes of compliance with section 411 of the Internal Revenue Code, 26 U.S.C. 411, a member described in subsection (1)(a) is treated as having attained normal retirement age and h

Free access — add to your briefcase to read the full text and ask questions with AI

19-8-601 . Time of retirement. (1) Subject to a member's right to a refund of the member's accumulated contributions under Title 19, chapter 2, part 6, the following members are eligible to receive a nonforfeitable service retirement benefit under 19-8-603 :
(a) a member who has terminated service, completed at least 20 years of membership service, reached 50 years of age, and files a written application with the board; or
(b) a vested member who terminated service before completing 20 years of membership service and applies to begin receiving a service retirement benefit upon reaching 55 years of age.
(2) For purposes of compliance with section 411 of the Internal Revenue Code, 26 U.S.C. 411, a member described in subsection (1)(a) is treated as having attained normal retirement age and has a nonforfeitable right to the member's service retirement.

Montana § 19-8-601 (Time Of Retirement) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

En. Sec. 11, Ch. 130, L. 1963; R.C.M. 1947, 68-1411; amd. Sec. 3, Ch. 592, L. 1981; amd. Sec. 4, Ch. 53, L. 1983; amd. Sec. 3, Ch. 86, L. 1985; amd. Sec. 1, Ch. 249, L. 1985; amd. Sec. 13, Ch. 196, L. 1989; amd. Sec. 167, Ch. 265, L. 1993; amd. Sec. 29, Ch. 370, L. 1997; amd. Sec. 89, Ch. 99, L. 2001; amd. Sec. 33, Ch. 99, L. 2011; amd. Sec. 10, Ch. 240, L. 2013; amd. Sec. 21, Ch. 477, L. 2025.