Montana Statutes

§ 19-9-1205 — Retirement System Contributions -- Benefit Payments To Individual Drop Accounts -- Investment Returns

Montana § 19-9-1205
JurisdictionMontana
Title 19PUBLIC RETIREMENT SYSTEMS
Ch. 9POLICE RETIREMENT -- STATEWIDE PLAN
Part 12Deferred Retirement Option Plan (DROP)

This text of Montana § 19-9-1205 (Retirement System Contributions -- Benefit Payments To Individual Drop Accounts -- Investment Returns) 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. § 19-9-1205 (2026).

Text

19-9-1205 . Retirement system contributions -- benefit payments to individual DROP accounts -- investment returns.

(1)During a member's participation in the DROP, state contributions under 19-9-702 , employer contributions under 19-9-703 , and member contributions under 19-9-710 must continue to be made to the retirement system.
(2)For each DROP participant, the board shall calculate a monthly DROP accrual and the contribution to the participant's DROP account.

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Legislative History

En. Sec. 5, Ch. 514, L. 2001; amd. Sec. 101, Ch. 429, L. 2003; amd. Sec. 24, Ch. 128, L. 2007.

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Bluebook (online)
Montana § 19-9-1205, Counsel Stack Legal Research, https://law.counselstack.com/statute/mt/9/19-9-1205.