Montana Statutes
§ 19-9-702 — State Contribution
Montana·Title 19 PUBLIC RETIREMENT SYSTEMS·Ch. 9 POLICE RETIREMENT -- STATEWIDE PLAN·Part 7 Contributions
19-9-702 . State contribution. The state shall make its contributions from the general fund. The general fund contributions must be made annually after the end of each fiscal year but no later than November 1. The board shall notify the state auditor by September 1 of each fiscal year of the annual compensation paid to all active members during the preceding fiscal year. The state's contribution is 29.37% of compensation paid to members. The contributions are statutorily appropriated as provided in 17-7-502 .
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Legislative History
En. 11-1866 by Sec. 7, Ch. 456, L. 1977; R.C.M. 1947, 11-1866(2); amd. Sec. 4, Ch. 375, L. 1979; amd. Sec. 1, Ch. 250, L. 1981; amd. Sec. 21, Ch. 549, L. 1981; amd. Sec. 2, Ch. 661, L. 1983; amd. Sec. 20, Ch. 703, L. 1985; amd. Sec. 3, Ch. 631, L. 1991; amd. Sec. 188, Ch. 265, L. 1993; amd. Secs. 2, 8(3)(c), Ch. 445, L. 1997; amd. Sec. 23, Ch. 532, L. 1997; amd. Sec. 73, Ch. 562, L. 1999.
Nearby Sections
15
§ 19-9-1001
Repealed§ 19-9-1002
Repealed§ 19-9-1003
Repealed§ 19-9-1004
Renumbered 19-2-906§ 19-9-1005
Repealed§ 19-9-1006
Repealed§ 19-9-1007
Minimum Benefit Adjustment§ 19-9-1008
Repealed§ 19-9-1009
Guaranteed Annual Benefit Adjustment§ 19-9-101
Short Title§ 19-9-1011
Repealed§ 19-9-1012
Repealed§ 19-9-1014
Through 19-9-1019 Reserved