19-20-734. Break-in-service requirements
19-20-734. Break-in-service requirements. (1) Except as provided in 19-20-732 and subsection (2) of this section, a retired member who first applies for retirement benefits or applies for resumed or recalculated retirement benefits pursuant to 19-20-733 based on a date of termination of January 1, 2014, or later may not be employed in a position reportable to […]
19-20-717. Repealed
19-20-717. Repealed. Sec. 22, Ch. 276, L. 2019. History: En. Sec. 4, Ch. 442, L. 1997; amd. Sec. 15, Ch. 90, L. 2007; amd. Sec. 12, Ch. 59, L. 2011.
19-20-718. Maximum contribution limitation
19-20-718. Maximum contribution limitation. (1) Notwithstanding any other provision of law to the contrary, the board may modify a request by a participant to make a contribution to the system required under part 4 or 6 of this chapter that would exceed the limits in section 415(c) or 415(n) of the Internal Revenue Code by using […]
19-20-719. Guaranteed annual benefit adjustment — rulemaking
19-20-719. Guaranteed annual benefit adjustment — rulemaking. (1) On January 1 of each year, the retirement allowance payable to each tier one member or benefit recipient of a tier one member who is eligible under subsection (3) must be increased by the amount provided in either subsection (1)(a) or (1)(b) as follows: (a) if the most recent […]
19-20-720. Repealed
19-20-720. Repealed. Sec. 21, Ch. 59, L. 2011. History: En. Sec. 5, Ch. 360, L. 1999; amd. Sec. 19, Ch. 149, L. 2001; Sec. 19-20-622, MCA 1999; redes. 19-20-720 by Sec. 83, Ch. 7, L. 2001.
19-20-721. Repealed
19-20-721. Repealed. Sec. 22, Ch. 276, L. 2019. History: En. Sec. 21, Ch. 45, L. 2001; amd. Sec. 13, Ch. 59, L. 2011.
19-20-722. Eligible rollover distributions
19-20-722. Eligible rollover distributions. As required by section 401(a)(31) of the Internal Revenue Code, the retirement system shall advise an eligible recipient of any payment from the retirement system that constitutes an eligible rollover distribution of the recipient’s rights to roll over the distribution and shall allow the recipient to elect a direct rollover of the […]
19-20-723. through 19-20-730 reserved
19-20-723 through 19-20-730 reserved.
19-20-731. Postretirement employment limitations — cancellation and recalculation of benefits — reporting obligation of retired member
19-20-731. Postretirement employment limitations — cancellation and recalculation of benefits — reporting obligation of retired member. (1) (a) Except as provided in 19-20-732 or as otherwise provided in this section, a retired member may be employed in a position that is reportable to the retirement system and may earn, without an adjustment of retirement benefits, an amount […]
19-20-732. Reemployment of certain retired teachers, specialists, and administrators — procedure — definitions
19-20-732. (Temporary) Reemployment of certain retired teachers, specialists, and administrators — procedure — definitions. (1) Subject to the provisions of this section: (a) a teacher, specialist, or administrator who has been receiving a retirement allowance for no less than 2 months, except a disability retirement allowance pursuant to part 9 of this chapter, may be employed on […]