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This is an obsolete version of the rule. Please click on the rule number to view the current version.

2.43.1020    ELECTION FOR EMPLOYEES IN OPTIONAL PERS MEMBERSHIP POSITIONS

(1) An employee eligible for optional membership under 19-3-412 , MCA, who chooses to be a member of the PERS on or after July 1, 2002, will initially be a participant of the PERS Defined Benefit Retirement Plan (DBRP). The DBRP participant will have one year from the date he or she elects to be a member of the PERS to file a retirement plan choice election form with the MPERA pursuant to ARM 2.43.1010.

(2) An employee who declines optional membership under 19-3-412 , MCA, is not a member of the PERS and has no retirement plan choice.

History: 19-2-403, 19-3-2104, MCA; IMP, 19-3-2104, 19-3-2111, MCA; NEW, 2002 MAR p. 1884, Eff. 7/12/02.

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