Administrative Rules of Montana
Department 2 - ADMINISTRATION
Chapter 2.43 - PUBLIC EMPLOYEES' RETIREMENT BOARD
Subchapter 2.43.46 - Municipal Police Officers' Retirement System
Rule 2.43.4603 - MUNICIPAL POLICE OFFICERS' MINIMUM BENEFIT ADJUSTMENTS
Universal Citation: MT Admin Rules 2.43.4603
Current through Register Vol. 18, September 20, 2024
(1) When a city belonging to MPORS has not negotiated a salary agreement with its actively employed police officers by July 1 of any year, the following actions will be taken by MPERA:
(a) Retirement benefits will be paid to
non-GABA retirees from that city using the most recent base salary for a newly
confirmed police officer negotiated by the city and reported to
MPERA.
(b) When a salary is
negotiated by the city and MPERA is notified of a change in base pay for the
city's newly confirmed police officers, retirement benefits will be
recalculated and adjustments paid retroactively to non-GABA retirees from that
city.
(c) Updated reports will be
sent to the State Auditor certifying the increased retirement benefits payable
from insurance premium tax funds during a given fiscal year as those amounts
become known.
19-2-403, MCA; IMP, 19-9-1007, MCA;
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