Administrative Rules of the State of Montana

BEFORE THE PUBLIC EMPLOYEES' RETIREMENT BOARD

OF THE STATE OF MONTANA

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In the matter of the amendment of ARM 2.43.441 pertaining to the purchase of service credit through trustee-to-trustee fund transfers

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NOTICE OF AMENDMENT

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TO: All Concerned Persons

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1. On November 21, 2007, the Montana Public Employees' Retirement Board published MAR Notice No. 2-43-394 regarding the proposed amendment of the above-stated rule at page 1841 of the 2007 Montana Administrative Register, Issue Number 22.

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2. The board has amended ARM 2.43.441 as proposed.

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3. No comments were received.

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/s/ Jay Klawon

Jay Klawon, President

�� Public Employees' Retirement Board

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/s/ Melanie Symons

Melanie Symons, Legal Counsel and

Rule Reviewer

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/s/ Dal Smilie

Dal Smilie, Chief Legal Counsel and

Rule Reviewer

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Certified to the Secretary of State on January 22, 2008.