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Montana Title 19. Public Retirement Systems § 19-3-103. Retirement system created--system to consist of two plans

Current as of January 01, 2024 | Updated by Findlaw Staff

(1) A defined benefit retirement plan is created and established to become effective July 1, 1945.

(2) A defined contribution plan is established as provided in part 21 of this chapter.

(3) The public employees' retirement system consists of the defined benefit plan and the defined contribution plan. Each plan within the system is governed by the applicable provisions of chapter 2 and this chapter.

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Cite this article: FindLaw.com - Montana Title 19. Public Retirement Systems § 19-3-103. Retirement system created--system to consist of two plans - last updated January 01, 2024 | https://codes.findlaw.com/mt/title-19-public-retirement-systems/mt-st-19-3-103/

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