Montana § 19-9-1203 Deferred Retirement Option Plan Established -- Compliance With Federal Law -- Rulemaking

Montana Statutes

§ 19-9-1203 — Deferred Retirement Option Plan Established -- Compliance With Federal Law -- Rulemaking

Montana § 19-9-1203

Title 19PUBLIC RETIREMENT SYSTEMS

Ch. 9POLICE RETIREMENT -- STATEWIDE PLAN

Part 12Deferred Retirement Option Plan (DROP)

This text of Montana § 19-9-1203 (Deferred Retirement Option Plan Established -- Compliance With Federal Law -- Rulemaking) is published on Counsel Stack Legal Research, covering Montana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mont. Code Ann. § 19-9-1203 (2026).

Text

19-9-1203 . Deferred retirement option plan established -- compliance with federal law -- rulemaking.

(1)The board shall establish a DROP for eligible members of the retirement system who elect to participate.

(2)The board shall administer the DROP in compliance with the Internal Revenue Code and the applicable rules, regulations, and determinations of the internal revenue service.

(3)The board may adopt rules to administer this part.

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19-9-1203 . Deferred retirement option plan established -- compliance with federal law -- rulemaking. (1) The board shall establish a DROP for eligible members of the retirement system who elect to participate.
(2) The board shall administer the DROP in compliance with the Internal Revenue Code and the applicable rules, regulations, and determinations of the internal revenue service.
(3) The board may adopt rules to administer this part.