Montana Code Annotated 2021

TITLE 19. PUBLIC RETIREMENT SYSTEMS

CHAPTER 2. PUBLIC EMPLOYEES' RETIREMENT GENERAL PROVISIONS

Part 10. Special Provisions

Compliance With Federal Restrictions On Interest Rate Crediting

19-2-1013. Compliance with federal restrictions on interest rate crediting. Interest credited on any refund of accumulated member contributions under a defined benefit plan subject to Title 19, chapter 2, must comply with any applicable provisions of the federal Age Discrimination in Employment Act, Public Law 90-202, and any applicable U.S. treasury regulations establishing market rates of return for purposes of complying with that federal act.

History: En. Sec. 10, Ch. 284, L. 2009.