19-2-701. Service credit. (1) Service credit for all covered employment with each employer will be credited to a retirement system on a cumulative basis for all purposes, including but not limited to calculation of benefits and application of any maximum hour restrictions, limitations, or requirements. A member may not be credited with more than full-time service credit as a result of this cumulation of service credit. Subject to the provisions of chapters 3, 5 through 9, and 13, a member must receive 1 month of service credit for each full month of service under rules adopted by the board.
(2) Service credits must be used in calculating a retirement or survivorship benefit.
(3) A retired member is not eligible to earn service credit.
History: En. Sec. 21, Ch. 265, L. 1993; amd. Sec. 6, Ch. 370, L. 1997; amd. Sec. 15, Ch. 562, L. 1999.
Structure Montana Code Annotated
Title 19. Public Retirement Systems
Chapter 2. Public Employees' Retirement General Provisions
Part 7. Service Credit and Additional Contributions
19-2-703. No duplication of benefits for same service
19-2-704. Purchasing service credits allowed -- payroll deduction
19-2-706. Additional service credit for active member involuntarily terminated from employment
19-2-707. Qualified military service
19-2-708. Rollover of contributions
19-2-710. Nonapplication of part to defined contribution plan
19-2-711. through 19-2-714 reserved