Montana Code Annotated 2003

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     19-20-1101. Withholding of group insurance premium from retirement allowance. (1) A retired member who is a participant in an employer-sponsored group insurance plan may elect to have the monthly premium for the group insurance withheld from the member's retirement allowance by the retirement system and paid directly to the insurance carrier or employer of record at the time of retirement.
     (2) Upon the death of a retired member, the beneficiary, if eligible, may elect to continue to have the monthly insurance premium withheld from a monthly retirement benefit and paid directly to the employer or the employer's insurance carrier.

     History: En. Sec. 1, Ch. 20, L. 1987; Sec. , MCA 1991; redes. by Code Commissioner, 1993; amd. Sec. 14, Ch. 174, L. 2003.

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