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Montana Title 19. Public Retirement Systems § 19-9-1205. Retirement system contributions--benefit payments to individual DROP accounts--investment returns

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

(1) During a member's participation in the DROP, state contributions under 19-9-702, employer contributions under 19-9-703, and member contributions under 19-9-710 must continue to be made to the retirement system.

(2) For each DROP participant, the board shall calculate a monthly DROP accrual and the contribution to the participant's DROP account.

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Cite this article: FindLaw.com - Montana Title 19. Public Retirement Systems § 19-9-1205. Retirement system contributions--benefit payments to individual DROP accounts--investment returns - last updated January 01, 2024 | https://codes.findlaw.com/mt/title-19-public-retirement-systems/mt-st-19-9-1205/

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