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Current as of January 01, 2024 | Updated by FindLaw Staff
The disability and pension fund consists of:
(1) all bequests, fees, gifts, emoluments, donations, or money from other sources given or paid to the fund, except as otherwise designated by the donor;
(2) a monthly contribution to the fund by each paid or part-paid member of the association amounting to 6% of the member's regular monthly salary;
(3) the proceeds of the tax levy provided for in 19-18-504;
(4) all money received from the state, including those payments provided for in 19-18-512; and
(5) all interest and other income earned from the investment of the fund.
Cite this article: FindLaw.com - Montana Title 19. Public Retirement Systems § 19-18-501. Contributions to fund - last updated January 01, 2024 | https://codes.findlaw.com/mt/title-19-public-retirement-systems/mt-code-ann-sect-19-18-501/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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