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Rule Title: CALCULATION OF AGE
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Department: ADMINISTRATION, DEPARTMENT OF
Chapter: TEACHERS' RETIREMENT BOARD
Subchapter: Benefits
 
Latest version of the adopted rule presented in Administrative Rules of Montana (ARM):

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2.44.525    CALCULATION OF AGE

(1) If a member applies for benefits which are based on the member's age, the whole age that the member is or will be closest to on the effective date of the benefit will be used. For example; if the member is age 55, 6 months, 1 day, age 56 will be used in the calculation of benefits. If the member is age 55, 6 months, 0 days, age 55 will be used in the calculation of benefits.

History: Sec. 19-20-201 MCA; IMP, Sec. 19-20-101 and 19-20-702 MCA; NEW, 1995 MAR p. 2122, Eff. 10/13/95.


 

 
MAR Notices Effective From Effective To History Notes
10/13/1995 Current History: Sec. 19-20-201 MCA; IMP, Sec. 19-20-101 and 19-20-702 MCA; NEW, 1995 MAR p. 2122, Eff. 10/13/95.
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