19-5-403. Refunds in case of resignation or discharge. When a member willingly resigns or is discharged for cause before becoming entitled to a retirement benefit, the accumulated contributions standing to the member's credit must be paid to the member upon the board's receipt of the member's written application for a refund.
History: En. Sec. 16, Ch. 289, L. 1967; R.C.M. 1947, 93-1122; amd. Sec. 1, Ch. 50, L. 1991; amd. Sec. 100, Ch. 265, L. 1993.
Structure Montana Code Annotated
Title 19. Public Retirement Systems
Part 4. Contributions and Refunds
19-5-401. Payments into pension trust fund
19-5-402. Member's contribution
19-5-403. Refunds in case of resignation or discharge
19-5-404. State employer contribution
19-5-409. Application to purchase additional service