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Rule Title: TRANSFER OF SERVICE CREDIT FROM THE PUBLIC EMPLOYEES' RETIREMENT SYSTEM
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Department: ADMINISTRATION, DEPARTMENT OF
Chapter: TEACHERS' RETIREMENT BOARD
Subchapter: Creditable Service
 
Latest version of the adopted rule presented in Administrative Rules of Montana (ARM):

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2.44.409    TRANSFER OF SERVICE CREDIT FROM THE PUBLIC EMPLOYEES' RETIREMENT SYSTEM

(1) A member may at any time before retirement request that his or her public employees' retirement service credits earned prior to their latest TRS membership service be transferred in accordance with the provisions of 19-20-409 , MCA provided that the member:

(a) is an active contributing member of the teachers' retirement system; and

(b) is not eligible for membership under the public employees' retirement system.

(2) In no instance shall a member be able to qualify more service into the teachers' retirement system than they had in the public employees' retirement system.

(3) No more than 1 year's creditable service shall be awarded for service during the same fiscal year.

History: Sec. 19-4-201 and 19-20-201 MCA; IMP, Sec. 19-4-409 and 19-20-409 MCA; NEW, 1989 MAR p. 1276, Eff. 9/1/89; AMD, 1991 MAR p. 2596, Eff. 12/27/91; AMD, 1995 MAR p. 2122, Eff. 10/13/95.


 

 
MAR Notices Effective From Effective To History Notes
10/13/1995 Current History: Sec. 19-4-201 and 19-20-201 MCA; IMP, Sec. 19-4-409 and 19-20-409 MCA; NEW, 1989 MAR p. 1276, Eff. 9/1/89; AMD, 1991 MAR p. 2596, Eff. 12/27/91; AMD, 1995 MAR p. 2122, Eff. 10/13/95.
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