19-3-514. Service purchase limit -- exception. (1) Except as provided in subsection (2), a member may not purchase more than a combined total of 5 years under 19-3-503, 19-3-511(3)(b), 19-3-512, 19-3-513, and 19-3-515.
(2) A member who has purchased service credit under 19-3-503 or 19-3-512 on or before January 1, 1990, and who elects to purchase service credit under 19-3-513 must receive credit for the full months of service credit purchased on or before January 1, 1990.
History: En. Secs. 28, 29, Ch. 99, L. 2001; amd. Sec. 2, Ch. 292, L. 2003; amd. Sec. 29, Ch. 429, L. 2003.
Structure Montana Code Annotated
Title 19. Public Retirement Systems
Chapter 3. Public Employees' Retirement System
19-3-501. Absence not included in service
19-3-503. Application to purchase military service
19-3-504. Absence due to illness or injury
19-3-505. Purchase of previous employment with employer
19-3-510. Employment in United States government
19-3-512. Purchase of service credit from other public retirement systems
19-3-513. Application to purchase additional service
19-3-514. Service purchase limit -- exception
19-3-515. Purchase of federal volunteer service
19-3-516. through 19-3-519 reserved
19-3-521. Service credit for legislative members
19-3-522. Nonapplication of part to defined contribution plan