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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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