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Code · Montana · Title 19 — Public Retirement Systems · Chapter 18 · Part 2

19-18-203. Use of disability and pension fund.

172 words·~1 min read·/mt/title-19/chapter-18/part-2/19-18-203·

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19-18-203 . Use of disability and pension fund. The fund may not be used for any purpose other than investment, as provided in part 4 of this chapter, and the payment of the following:
(1)a service pension to a member who, by reason of service, has become entitled to a service pension;
(2)a pension to a member who has become permanently maimed or disabled;
(3)a benefit or allowance to a member who has suffered a permanent disabling injury;
(4)a benefit or allowance to a member who has contracted a permanent disabling sickness;
(5)a benefit, not exceeding $750, to defray the funeral expenses of a member;
(6)benefits to the surviving spouse, child, or children of a deceased member as provided in this chapter;
(7)premiums on a blanket policy of insurance covering the members of the fire department and providing for payment of compensation in case of the death of or injury to any such member;
(8)the return of employee contributions as provided in this chapter.
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