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| Rule: 2.43.5004 | Prev Up Next | |
| Rule Title: EFFECTIVE DATE FOR PENSION BENEFIT ADJUSTMENTS | ||
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| Department: | ADMINISTRATION | |
| Chapter: | PUBLIC EMPLOYEES' RETIREMENT BOARD | |
| Subchapter: | Volunteer Firefighters' Compensation Act | |
| Latest version of the adopted rule presented in Administrative Rules of Montana (ARM): | ||
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2.43.5004 EFFECTIVE DATE FOR PENSION BENEFIT ADJUSTMENTS (1) By October 31 of each year the board shall determine whether the VFCA pension trust fund is actuarially sound and the amortization period for any unfunded liability remains at 20 years or less. As required by 19-17-404, MCA, the board shall then make pension adjustments for the next 12 months commencing with November benefits. History: 19-17-203, MCA; IMP, 19-17-404, MCA; NEW, 2011 MAR p. 2261, Eff. 10/28/11. |
| MAR Notices | Effective From | Effective To | History Notes |
|---|---|---|---|
| 2-43-457 | 10/28/2011 | Current | History: 19-17-203, MCA; IMP, 19-17-404, MCA; NEW, 2011 MAR p. 2261, Eff. 10/28/11. |
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