Administrative Rules of Montana
Department 2 - ADMINISTRATION
Chapter 2.43 - PUBLIC EMPLOYEES' RETIREMENT BOARD
Subchapter 2.43.48 - Firefighters' Unified Retirement System
Rule 2.43.4803 - FIREFIGHTERS' MINIMUM BENEFIT ADJUSTMENTS
Universal Citation: MT Admin Rules 2.43.4803
Current through Register Vol. 18, September 20, 2024
(1) When a city belonging to FURS has not negotiated a salary agreement with its actively employed firefighters by July 1 of any year, MPERA shall take the following actions:
(a) Retirement benefits
will be paid to non-GABA retirees from that city using the most recent base
salary for a newly confirmed firefighter negotiated by the city and reported to
MPERA.
(b) When a salary agreement
is negotiated by the city and MPERA is notified of a change in base pay for the
city's newly confirmed firefighters, 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, 19-13-1007, MCA;
Disclaimer: These regulations may not be the most recent version. Montana may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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