Montana § 19-8-701 Disability Retirement Benefit

Montana Statutes

§ 19-8-701 — Disability Retirement Benefit

Montana·Title 19 PUBLIC RETIREMENT SYSTEMS·Ch. 8 GAME WARDENS' AND PEACE OFFICERS' RETIREMENT·Part 7 Disability Retirement Benefits

19-8-701 . Disability retirement benefit.

(1)Except as provided in subsection (2), a vested member who becomes disabled must be granted a disability retirement benefit that is the actuarial equivalent of the service retirement benefit under 19-8-603 standing to the member's credit at the time of the member's disability retirement.

(2)A vested member who becomes disabled as a direct result of the member's service in the line of duty:

(a)before completing 20 years of membership service must receive a disability retirement benefit equal to one-half the member's highest average compensation; or

(b)after completing 20 years or more of membership service must receive a disability retirement benefit equal to 2.5% of the member's highest average compensation for each year of service credit.

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19-8-701 . Disability retirement benefit. (1) Except as provided in subsection (2), a vested member who becomes disabled must be granted a disability retirement benefit that is the actuarial equivalent of the service retirement benefit under 19-8-603 standing to the member's credit at the time of the member's disability retirement.
(2) A vested member who becomes disabled as a direct result of the member's service in the line of duty:
(a) before completing 20 years of membership service must receive a disability retirement benefit equal to one-half the member's highest average compensation; or
(b) after completing 20 years or more of membership service must receive a disability retirement benefit equal to 2.5% of the member's highest average compensation for each year of service credit.

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Legislative History

En. Sec. 14, Ch. 130, L. 1963; amd. Sec. 20, Ch. 326, L. 1974; R.C.M. 1947, 68-1414; amd. Sec. 2, Ch. 218, L. 1979; amd. Sec. 3, Ch. 139, L. 1989; amd. Sec. 170, Ch. 265, L. 1993; amd. Sec. 8, Ch. 223, L. 1997; amd. Sec. 91, Ch. 99, L. 2001; amd. Sec. 85, Ch. 429, L. 2003; amd. Sec. 27, Ch. 178, L. 2013.