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Current as of January 01, 2024 | Updated by Findlaw Staff
A retiree who is a participant in an employee group insurance plan that permits participation in the group plan following retirement may elect to have the monthly premium for group insurance withheld by the department of administration and paid directly by the department to the insurance carrier. In order to qualify for this withholding, a retiree must be a participant in a group insurance plan available to the employees of the former employer. Withholding may not be made for any retiree covered by an individual insurance policy.
Cite this article: FindLaw.com - Montana Title 19. Public Retirement Systems § 19-19-505. Withholding of group insurance premium from retirement benefit - last updated January 01, 2024 | https://codes.findlaw.com/mt/title-19-public-retirement-systems/mt-st-19-19-505/
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