2.43.4020 EMPLOYMENT AFTER THE DROP PERIOD
(1) Unless the participant's DROP period is extended pursuant to ARM 2.43.4023, monthly DROP accruals will stop at the end of the designated DROP period even if the participant continues HPORS-covered employment.
(2) The participant's monthly service retirement benefit payments will begin the month following the month in which the participant terminates post-DROP HPORS-covered employment.
(3) The participant's DROP benefit will be distributed pursuant to ARM 2.43.4017.
History: 19-2-403, 19-6-1003, MCA; IMP, 19-6-1003, 19-6-1007, MCA; NEW, 2015 MAR p. 2244, Eff. 12/25/15.