Table of Contents TITLE 19. PUBLIC RETIREMENT SYSTEMS CHAPTER 20. TEACHERS' RETIREMENT Part 8. Superannuation Retirement
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1 19-20-801 1 19-20-802 19-20-804 19-20-805 19-20-810

Mont. Code Ann. § 19-20-802

(2021)

Early retirement

(1) (a) A vested tier one member who is not eligible for service retirement but has attained the age of 50 is eligible for an early retirement allowance.

(b) A vested tier two member who is not eligible for service retirement but has attained the age of 55 is eligible for an early retirement allowance.

(2) A member retiring early under subsection (1) must have terminated employment in all positions reportable to the retirement system and must file a written application with the retirement board.

(3) The early retirement allowance must be determined as prescribed in 19-20-804, with the exception that the allowance will be reduced using actuarially equivalent factors based on the most recent actuarial valuation of the system.

Opinions construing this section

1 opinion
2020 MT 91 Apr 21, 2020 Reversed
Marriage of Mahlum and Elder
Majority by Dirk M. Sandefur · 5 to 0
). 6 See also §§ 19-3-902, -906, -1002(1), MCA (Public Employees’ Retirement System); § 19-6-503, MCA (Highway Patrol Officers’ Retirement System); and § 19-20-802, MCA (Teachers’ Retirement System). 10 without prior disability, and for disability retirement benefits after 20 years of service, is 2.5% of the “member’
Official Annotations archive.org, 2021 edition
History:
En. 75-6208 by Sec. 103, Ch. 5, L. 1971
Amd. Sec. 2, Ch. 57, L. 1971
Amd. Sec. 2, Ch. 422, L. 1971
Amd. Sec. 4, Ch. 507, L. 1973
Amd. Sec. 3, Ch. 26, L. 1975
Amd. Sec. 5, Ch. 127, L. 1977
Amd. Sec. 5, Ch. 331, L. 1977
Amd. Sec. 1, Ch. 443, L. 1977
R.C.M. 1947, 75-6208(3)(d)
Amd. Sec. 1, Ch. 396, L. 1981
Amd. Sec. 7, Ch. 549, L. 1981
Amd. Sec. 4, Ch. 527, L. 1983
Sec. 19-4-802, MCA 1991
Redes. 19-20-802 by Code Commissioner, 1993
Amd. Sec. 21, Ch. 111, L. 1999 (HB 118 - Mood, Douglas (R) HD 58)
Amd. Sec. 12, Ch. 320, L. 2005 (HB 104 - Lenhart, Ralph (D) HD 38)
Amd. Sec. 11, Ch. 151, L. 2011 (HB 116 - Ingraham, Pat (R) HD 13)
Amd. Sec. 14, Ch. 389, L. 2013 (HB 377 - Woods, Tom (D) HD 64)
Amd. Sec. 26, Ch. 210, L. 2015 (HB 85 - Woods, Tom (D) HD 62)
Source text on leg.mt.gov