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Current as of January 01, 2024 | Updated by Findlaw Staff
(1) A member who becomes disabled:
(a) before completing 20 years of membership service must receive a disability retirement benefit equal to one-half the member's highest average compensation;
(b) after completing 20 years or more of membership service must receive a disability retirement benefit equal to 2.5% of the member's highest average compensation for each year of service credit, but no less than one-half of the member's highest average compensation.
(2) Upon the death of a member receiving a disability retirement benefit under this section, the member's surviving spouse or dependent child is eligible for the benefits provided pursuant to 19-13-704(3).
Cite this article: FindLaw.com - Montana Title 19. Public Retirement Systems § 19-13-803. Amount of disability retirement benefit - last updated January 01, 2024 | https://codes.findlaw.com/mt/title-19-public-retirement-systems/mt-st-19-13-803/
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 before relying on it for your legal needs.
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