reglab/housing_qa huggingface dataset:
MT Code § 19-3-1204 (2021)
2021 Montana Code Annotated|Title 19. Public Retirement Systems|Chapter 3. Public Employees' Retirement System|Part 12. Survivorship Benefits and Death Payments|19-3-1204. Survivorship benefit elected by beneficiary

  19-3-1204. Survivorship benefit elected by beneficiary. (1) A designated beneficiary eligible to receive a death payment may instead elect a survivorship benefit by filing a written application with the board, if all of the following conditions are met:   (a) the deceased member on behalf of whom the death benefit is payable had completed 5 years of membership service;   (b) the designated beneficiary is a natural person; and   (c) the designated beneficiary elects the survivorship benefit within 90 days of receipt of notice from the board that the designated beneficiary is eligible to receive the death payment.   (2) A designated beneficiary of a vested member may, by filing a written application with the board, elect to receive a survivorship benefit in lieu of a death payment.   (3) (a) If the designated beneficiary is a minor, the custodian designated in 19-2-803 may, on the minor's behalf, file a written application with the board.   (b) If an application is not filed on the minor's behalf and no payment has been made, the designated beneficiary may file a written application upon reaching the age of majority. For the purposes of this subsection (3)(b), the survivorship benefit provided for in 19-3-1205 must be calculated as if the member had died on the last day of the month before the month in which the application was filed.   History: En. 68-2304 by Sec. 45, Ch. 323, L. 1973; amd. Sec. 7, Ch. 190, L. 1974; amd. Sec. 3, Ch. 89, L. 1977; amd. Sec. 10, Ch. 99, L. 1977; amd. Sec. 7, Ch. 241, L. 1977; R.C.M. 1947, 68-2304; amd. Sec. 2, Ch. 153, L. 1985; amd. Sec. 5, Ch. 196, L. 1989; amd. Sec. 81, Ch. 265, L. 1993; amd. Sec. 36, Ch. 562, L. 1999; amd. Sec. 41, Ch. 99, L. 2001; amd. Sec. 25, Ch. 329, L. 2005; amd. Sec. 13, Ch. 128, L. 2007.
MT Code § 19-3-1205 (2021)
2021 Montana Code Annotated|Title 19. Public Retirement Systems|Chapter 3. Public Employees' Retirement System|Part 12. Survivorship Benefits and Death Payments|19-3-1205. Amount of survivorship benefit

  19-3-1205. Amount of survivorship benefit. (1) For a member hired prior to July 1, 2011, the survivorship benefit payable to the member's designated beneficiary is the actuarial equivalent of:   (a) the accrued portion of the early retirement benefit pursuant to 19-3-906(1) that would have been payable to the member commencing at age 50 if the member had not attained age 50 or earned 25 years of membership service at the time of death;   (b) if the deceased member had attained age 50 or earned 25 years of membership service at the time of death, the early retirement benefit that would have been payable to the member if the member had retired immediately prior to death; or   (c) if the deceased member had attained age 60 or earned 30 years of membership service at the time of death, the service retirement benefit that would have been payable to the member if the member had retired immediately prior to death.   (2) For a member hired on or after July 1, 2011, the survivorship benefit payable to the member's designated beneficiary is the actuarial equivalent of:   (a) the accrued portion of the early retirement benefit pursuant to 19-3-906(3) that would have been payable to the member commencing at age 55 if the member had not attained age 55 at the time of death;   (b) if the deceased member had attained age 55 at the time of death, the early retirement benefit that would have been payable to the member if the member had retired immediately prior to death; or   (c) if the deceased member had attained age 65 at the time of death, the service retirement benefit that would have been payable to the member if the member had retired immediately prior to death.   History: En. 68-2305 by Sec. 46, Ch. 323, L. 1973; amd. Sec. 8, Ch. 190, L. 1974; R.C.M. 1947, 68-2305; amd. Sec. 82, Ch. 265, L. 1993; amd. Sec. 13, Ch. 412, L. 1995; amd. Sec. 105, Ch. 42, L. 1997; amd. Sec. 40, Ch. 429, L. 2003; amd. Sec. 11, Ch. 369, L. 2011.
MT Code § 19-3-1206 (2021)
2021 Montana Code Annotated|Title 19. Public Retirement Systems|Chapter 3. Public Employees' Retirement System|Part 12. Survivorship Benefits and Death Payments|19-3-1206. through 19-3-1209 reserved

  19-3-1206 through 19-3-1209 reserved.
MT Code § 19-3-1210 (2021)
2021 Montana Code Annotated|Title 19. Public Retirement Systems|Chapter 3. Public Employees' Retirement System|Part 12. Survivorship Benefits and Death Payments|19-3-1210. Death payments to designated beneficiaries of retired members

  19-3-1210. Death payments to designated beneficiaries of retired members. (1) When a retired member receiving an option 1 retirement benefit under 19-3-1501 dies, the member's designated beneficiary or, if there is no surviving designated beneficiary, the member's estate must be paid the amount, if any, of the member's accumulated contributions calculated as of the day of the member's retirement minus the total of any retirement benefits already paid from the member's account.   (2) If a retired member receiving an option 2 or 3 retirement benefit under 19-3-1501 dies with no surviving contingent annuitant, the member's designated beneficiary or, if there is no surviving designated beneficiary, the member's estate must be paid the amount, if any, of the member's accumulated contributions calculated as of the day of the member's retirement minus the total of any retirement benefits already paid from the member's account.   (3) This section does not apply if the member was receiving a disability benefit. The member's accumulated contributions may not be reduced by the disability benefits already paid unless the disability benefit was converted to a service retirement benefit pursuant to 19-2-406(5).   History: En. Sec. 83, Ch. 265, L. 1993; amd. Sec. 37, Ch. 562, L. 1999; amd. Sec. 41, Ch. 429, L. 2003; amd. Sec. 16, Ch. 283, L. 2009; amd. Sec. 13, Ch. 178, L. 2013; amd. Sec. 13, Ch. 248, L. 2015.
MT Code § 19-3-1211 (2021)
2021 Montana Code Annotated|Title 19. Public Retirement Systems|Chapter 3. Public Employees' Retirement System|Part 12. Survivorship Benefits and Death Payments|19-3-1211. Refund when former member dies after transferring to another system

  19-3-1211. Refund when former member dies after transferring to another system. The accumulated contributions of a member who dies after becoming a member of any other system described in 19-3-403(4) and before receiving the member's accumulated contributions must be paid to the designated beneficiary.   History: En. Sec. 68-1602 by Sec. 6, Ch. 323, L. 1973; amd. Sec. 1, Ch. 374, L. 1974; amd. Sec. 1, Ch. 16, L. 1975; amd. Sec. 1, Ch. 128, L. 1975; amd. Sec. 1, Ch. 99, L. 1977; amd. Sec. 4, Ch. 132, L. 1977; R.C.M. 1947, 68-1602(8)(b); amd. Sec. 84, Ch. 265, L. 1993; Sec. 19-3-404, MCA 1991; redes. 19-3-1211 by Code Commissioner, 1993.
MT Code § 19-3-1212 (2021)
2021 Montana Code Annotated|Title 19. Public Retirement Systems|Chapter 3. Public Employees' Retirement System|Part 12. Survivorship Benefits and Death Payments|19-3-1212. Nonapplication of part to defined contribution plan

  19-3-1212. Nonapplication of part to defined contribution plan. Except as otherwise provided in chapter 3, part 21, of this title, none of the provisions of this part apply under the defined contribution plan.   History: En. Sec. 40, Ch. 471, L. 1999.
MT Code § 19-3-1301 (2021)
2021 Montana Code Annotated|Title 19. Public Retirement Systems|Chapter 3. Public Employees' Retirement System|Part 13. Beneficiaries (Renumbered and Repealed)|19-3-1301. Renumbered 19-2-801

  19-3-1301. Renumbered 19-2-801. Sec. 238, Ch. 265, L. 1993.
MT Code § 19-3-1302 (2021)
2021 Montana Code Annotated|Title 19. Public Retirement Systems|Chapter 3. Public Employees' Retirement System|Part 13. Beneficiaries (Renumbered and Repealed)|19-3-1302. Renumbered 19-2-802

  19-3-1302. Renumbered 19-2-802. Sec. 238, Ch. 265, L. 1993.
MT Code § 19-3-1303 (2021)
2021 Montana Code Annotated|Title 19. Public Retirement Systems|Chapter 3. Public Employees' Retirement System|Part 13. Beneficiaries (Renumbered and Repealed)|19-3-1303. Repealed

  19-3-1303. Repealed. Sec. 12, Ch. 496, L. 1981.   History: En. 68-2401 by Sec. 47, Ch. 323, L. 1973; R.C.M. 1947, 68-2401(3).
MT Code § 19-3-1304 (2021)
2021 Montana Code Annotated|Title 19. Public Retirement Systems|Chapter 3. Public Employees' Retirement System|Part 13. Beneficiaries (Renumbered and Repealed)|19-3-1304. Renumbered 19-2-803

  19-3-1304. Renumbered 19-2-803. Sec. 238, Ch. 265, L. 1993.
MT Code § 19-3-1305 (2021)
2021 Montana Code Annotated|Title 19. Public Retirement Systems|Chapter 3. Public Employees' Retirement System|Part 13. Beneficiaries (Renumbered and Repealed)|19-3-1305. Renumbered 19-2-804

  19-3-1305. Renumbered 19-2-804. Sec. 238, Ch. 265, L. 1993.
MT Code § 19-3-1401 (2021)
2021 Montana Code Annotated|Title 19. Public Retirement Systems|Chapter 3. Public Employees' Retirement System|Part 14. Management of Allowance Payments (Renumbered)|19-3-1401. Renumbered 19-2-901

  19-3-1401. Renumbered 19-2-901. Sec. 238, Ch. 265, L. 1993.
MT Code § 19-3-1402 (2021)
2021 Montana Code Annotated|Title 19. Public Retirement Systems|Chapter 3. Public Employees' Retirement System|Part 14. Management of Allowance Payments (Renumbered)|19-3-1402. Renumbered 19-2-902

  19-3-1402. Renumbered 19-2-902. Sec. 238, Ch. 265, L. 1993.
MT Code § 19-3-1403 (2021)
2021 Montana Code Annotated|Title 19. Public Retirement Systems|Chapter 3. Public Employees' Retirement System|Part 14. Management of Allowance Payments (Renumbered)|19-3-1403. Renumbered 19-2-903

  19-3-1403. Renumbered 19-2-903. Sec. 238, Ch. 265, L. 1993.
MT Code § 19-3-1404 (2021)
2021 Montana Code Annotated|Title 19. Public Retirement Systems|Chapter 3. Public Employees' Retirement System|Part 14. Management of Allowance Payments (Renumbered)|19-3-1404. Renumbered 19-2-904

  19-3-1404. Renumbered 19-2-904. Sec. 238, Ch. 265, L. 1993.
MT Code § 19-3-1502 (2021)
2021 Montana Code Annotated|Title 19. Public Retirement Systems|Chapter 3. Public Employees' Retirement System|Part 15. Optional Forms of Benefit Payments|19-3-1502. Nonapplication of part to defined contribution plan

  19-3-1502. Nonapplication of part to defined contribution plan. Except as otherwise provided in chapter 3, part 21, of this title, none of the provisions of this part apply under the defined contribution plan.   History: En. Sec. 40, Ch. 471, L. 1999.
MT Code § 19-3-1601 (2021)
2021 Montana Code Annotated|Title 19. Public Retirement Systems|Chapter 3. Public Employees' Retirement System|Part 16. Postretirement Benefits and Benefit Increases|19-3-1601. Repealed

  19-3-1601. Repealed. Sec. 38, Ch. 287, L. 1997.   History: En. Sec. 1, Ch. 115, L. 1989; amd. Sec. 90, Ch. 265, L. 1993; Sec. 19-3-1109, MCA 1991; redes. 19-3-1601 by Code Commissioner, 1993.
MT Code § 19-3-1602 (2021)
2021 Montana Code Annotated|Title 19. Public Retirement Systems|Chapter 3. Public Employees' Retirement System|Part 16. Postretirement Benefits and Benefit Increases|19-3-1602. Repealed

  19-3-1602. Repealed. Sec. 38, Ch. 287, L. 1997.   History: En. Sec. 2, Ch. 115, L. 1989; amd. Sec. 91, Ch. 265, L. 1993; Sec. 19-3-1110, MCA 1991; redes. 19-3-1602 by Code Commissioner, 1993.
MT Code § 19-3-1603 (2021)
2021 Montana Code Annotated|Title 19. Public Retirement Systems|Chapter 3. Public Employees' Retirement System|Part 16. Postretirement Benefits and Benefit Increases|19-3-1603. Repealed

  19-3-1603. Repealed. Sec. 38, Ch. 287, L. 1997.   History: En. Sec. 3, Ch. 115, L. 1989; amd. Sec. 92, Ch. 265, L. 1993; Sec. 19-3-1111, MCA 1991; redes. 19-3-1603 by Code Commissioner, 1993.
MT Code § 19-3-1604 (2021)
2021 Montana Code Annotated|Title 19. Public Retirement Systems|Chapter 3. Public Employees' Retirement System|Part 16. Postretirement Benefits and Benefit Increases|19-3-1604. Repealed

  19-3-1604. Repealed. Sec. 120, Ch. 429, L. 2003.   History: En. Sec. 1, Ch. 367, L. 1993.
MT Code § 19-3-1606 (2021)
2021 Montana Code Annotated|Title 19. Public Retirement Systems|Chapter 3. Public Employees' Retirement System|Part 16. Postretirement Benefits and Benefit Increases|19-3-1606. Repealed

  19-3-1606. Repealed. Sec. 39, Ch. 99, L. 2011.   History: En. Sec. 4, Ch. 149, L. 2001.
MT Code § 19-3-1607 (2021)
2021 Montana Code Annotated|Title 19. Public Retirement Systems|Chapter 3. Public Employees' Retirement System|Part 16. Postretirement Benefits and Benefit Increases|19-3-1607. Nonapplication of part to defined contribution plan

  19-3-1607. Nonapplication of part to defined contribution plan. Unless otherwise explicitly provided in this part, none of the provisions of this part apply under the defined contribution plan.   History: En. Sec. 13, Ch. 490, L. 2001.
MT Code § 19-3-2101 (2021)
2021 Montana Code Annotated|Title 19. Public Retirement Systems|Chapter 3. Public Employees' Retirement System|Part 21. Defined Contribution Plan|19-3-2101. Definitions

  19-3-2101. Definitions. Unless the context requires otherwise, as used in this part, the following definitions apply:   (1) "Member" means a person with a retirement account in the defined contribution plan.   (2) "Plan" or "defined contribution plan" means the defined contribution retirement plan.   (3) "University system retirement program" means the retirement plan established by the board of regents under Title 19, chapter 21.   History: En. Sec. 42, Ch. 471, L. 1999; amd. Sec. 14, Ch. 490, L. 2001; amd. Sec. 3, Ch. 282, L. 2013.
MT Code § 19-3-2102 (2021)
2021 Montana Code Annotated|Title 19. Public Retirement Systems|Chapter 3. Public Employees' Retirement System|Part 21. Defined Contribution Plan|19-3-2102. Defined contribution plan established -- assets to be held in trust -- contracted services

  19-3-2102. Defined contribution plan established -- assets to be held in trust -- contracted services. (1) The board shall establish within the public employees' retirement system a defined contribution plan in accordance with the provisions of this part. The plan must be established as a pension plan for the exclusive benefit of members and their beneficiaries and as a "qualified governmental plan" pursuant to section 401(a) of the Internal Revenue Code and its implementing regulations. Retirement accounts must be established for each member of the defined contribution plan. Assets of the plan, including assets of the long-term disability plan pursuant to 19-3-2141, must be held in trust. The plan is established in addition to any retirement, pension, deferred compensation, or other benefit plan administered by the state or a political subdivision.   (2) The board may contract for plan administration and use a competitive bidding process when contracting for consulting, educational, investment, recordkeeping, or other services for the plan.   History: En. Sec. 43, Ch. 471, L. 1999; amd. Sec. 15, Ch. 490, L. 2001; amd. Sec. 4, Ch. 140, L. 2015.
MT Code § 19-3-2103 (2021)
2021 Montana Code Annotated|Title 19. Public Retirement Systems|Chapter 3. Public Employees' Retirement System|Part 21. Defined Contribution Plan|19-3-2103. Legislative intent

  19-3-2103. Legislative intent. It is the intent of the legislature that, in implementing and administering the defined contribution plan:   (1) changes to current administrative processes and the impact of those changes on employers be minimized to the extent possible;   (2) the administrative structure for the plan be configured in an economical and efficient manner;   (3) administration and services for the plan be contracted out to the extent possible, but that the board provide for the diligent oversight of the contracts;   (4) reasonable member services be provided for and that fees be commensurate with the services;   (5) lines of communication and responsibilities be clearly established so that employers or their personnel and payroll officers do not advise members about plan choices or investment alternatives; and   (6) employers be encouraged to provide paid time for members to attend educational programs sponsored by the board pursuant to 19-3-112.   History: En. Sec. 44, Ch. 471, L. 1999; amd. Sec. 43, Ch. 429, L. 2003.
MT Code § 19-3-2104 (2021)
2021 Montana Code Annotated|Title 19. Public Retirement Systems|Chapter 3. Public Employees' Retirement System|Part 21. Defined Contribution Plan|19-3-2104. Board powers and duties -- rulemaking

  19-3-2104. Board powers and duties -- rulemaking. (1) The board has the powers and shall perform the duties regarding the defined contribution plan as provided in 19-2-403, as applicable. The board may also exercise the powers and shall perform the duties provided in this chapter.   (2) The board shall, in accordance with the Montana Administrative Procedure Act, adopt rules necessary for the implementation of this part and other applicable sections in chapters 2 and 3 of this title.   History: En. Sec. 45, Ch. 471, L. 1999; amd. Sec. 27, Ch. 329, L. 2005.
MT Code § 19-3-2105 (2021)
2021 Montana Code Annotated|Title 19. Public Retirement Systems|Chapter 3. Public Employees' Retirement System|Part 21. Defined Contribution Plan|19-3-2105. Administrative expenses and fees

  19-3-2105. Administrative expenses and fees. (1) The board may establish a fund within the defined contribution plan for paying the plan's administrative expenses.   (2) The board may:   (a) assess fees to pay the reasonable administrative costs of the plan; and   (b) negotiate with a vendor or vendors for vendor reimbursement of board administrative expenses for the plan.   (3) All fees assessed must be fully disclosed to plan members and treated as public information.   (4) Costs for the board to provide for contract oversight are included as part of the administrative expenses of the plan.   History: En. Sec. 46, Ch. 471, L. 1999.
MT Code § 19-3-2106 (2021)
2021 Montana Code Annotated|Title 19. Public Retirement Systems|Chapter 3. Public Employees' Retirement System|Part 21. Defined Contribution Plan|19-3-2106. Limited contract right

  19-3-2106. Limited contract right. The statutory provisions governing the defined contribution plan and the university system retirement program are subject to amendment by the legislature. Employees choosing the defined contribution plan or the university system retirement program pursuant to this part do not have a contract right to the specific terms and conditions specified in statute on the date the employee's choice becomes effective.   History: En. Sec. 16, Ch. 490, L. 2001; amd. Sec. 4, Ch. 282, L. 2013.
MT Code § 19-3-2107 (2021)
2021 Montana Code Annotated|Title 19. Public Retirement Systems|Chapter 3. Public Employees' Retirement System|Part 21. Defined Contribution Plan|19-3-2107. through 19-3-2110 reserved

  19-3-2107 through 19-3-2110 reserved.
MT Code § 19-3-2113 (2021)
2021 Montana Code Annotated|Title 19. Public Retirement Systems|Chapter 3. Public Employees' Retirement System|Part 21. Defined Contribution Plan|19-3-2113. Reinstatement of plan membership -- purchase of prior service credit in defined benefit plan

  19-3-2113. Reinstatement of plan membership -- purchase of prior service credit in defined benefit plan. (1) (a) A member who terminates membership in the defined benefit plan, the defined contribution plan, or the university system retirement program after making an election pursuant to 19-3-2111 or 19-3-2112 and who returns to covered employment in less than 24 months is a member of the plan that the member last selected and is not eligible for a new plan choice election.   (b) A member who terminated membership in the defined benefit plan, the defined contribution plan, or the university system retirement program after making an election pursuant to 19-3-2111 or 19-3-2112 and who returns to covered employment after 24 months or more is eligible to make a plan choice election as though initially hired as provided for in 19-3-2111(1)(b).   (2) (a) An employee who returns to covered employment after terminating membership in the defined benefit plan, who is eligible to make a plan choice, and who elects to join the defined benefit plan pursuant to 19-3-2111 or 19-3-2112 may reinstate prior membership service and service credit as provided in 19-2-603.   (b) An employee who returns to covered employment after terminating membership in the defined contribution plan or the university system retirement program, who is eligible to make a plan choice, and who elects to join the defined benefit plan pursuant to 19-3-2111 or 19-3-2112 may purchase prior membership service and service credit by paying to the board the full actuarial cost of the service credit as of the latest actuarial valuation of the defined benefit plan. The member may not purchase membership service and service credit under this section in excess of the member's length of service in the defined contribution plan or the university system retirement program.   History: En. Sec. 49, Ch. 471, L. 1999; amd. Sec. 19, Ch. 490, L. 2001; amd. Sec. 46, Ch. 429, L. 2003; amd. Sec. 16, Ch. 128, L. 2007; amd. Sec. 6, Ch. 282, L. 2013.
MT Code § 19-3-2114 (2021)
2021 Montana Code Annotated|Title 19. Public Retirement Systems|Chapter 3. Public Employees' Retirement System|Part 21. Defined Contribution Plan|19-3-2114. Amount available to transfer

  19-3-2114. Amount available to transfer. For an employee who elects to become a member of the plan, the board shall transfer from the defined benefit plan to the member's retirement account an amount equal to the amount that would have been allocated to the member's account pursuant to 19-3-2117 had the employee become a plan member on the employee's hire date, plus compounded annual interest equal to the assumed rate of return on investments adopted by the board as of the effective date of the transfer.  History: En. Sec. 50, Ch. 471, L. 1999; amd. Sec. 20, Ch. 490, L. 2001; amd. Sec. 47, Ch. 429, L. 2003; amd. Sec. 30, Ch. 329, L. 2005; amd. Sec. 26, Ch. 99, L. 2011; amd. Sec. 6, Ch. 172, L. 2021.
MT Code § 19-3-2115 (2021)
2021 Montana Code Annotated|Title 19. Public Retirement Systems|Chapter 3. Public Employees' Retirement System|Part 21. Defined Contribution Plan|19-3-2115. Transfers or rollovers into plan -- service transfers -- membership credit for purposes of vesting

  19-3-2115. Transfers or rollovers into plan -- service transfers -- membership credit for purposes of vesting. (1) (a) Except as provided in subsection (2), the board shall accept the rollover of contributions and the income on those contributions from another eligible retirement plan to the member's vested account as allowed under applicable federal law.   (b) To transfer service credit from another retirement system in this title, an employee must be a member of the defined benefit plan. The member must receive membership service and service credit for the service the member transfers. The transferring member may, within 12 months after joining the defined benefit plan, elect to become a member of the defined contribution plan. The transferred service credit may be used for purposes of vesting in the defined contribution plan pursuant to 19-3-2116.   (2) The board shall accept a direct rollover of eligible distributions from another eligible retirement plan only to the extent permitted by the Internal Revenue Code.   History: En. Sec. 51, Ch. 471, L. 1999; amd. Sec. 21, Ch. 490, L. 2001; amd. Sec. 48, Ch. 429, L. 2003.