19-20-710. Maximum benefit limitation. No monthly benefit paid under the retirement system provided for in this chapter may exceed the annual limits on benefits as specified in section 415 of the Internal Revenue Code of 1986 and adjusted annually by the commissioner of internal revenue for calendar years 1988 and thereafter.

     History: En. Sec. 1, Ch. 14, L. 1987; Sec. 19-4-710, MCA 1991; redes. 19-20-710 by Code Commissioner, 1993.