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Code · Montana · Title 19 — Public Retirement Systems · Chapter 20 · Part 1

19-20-104. Guarantee by state.

60 words·~1 min read·/mt/title-19/chapter-20/part-1/19-20-104·

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19-20-104 . Guarantee by state. Regular interest charges payable, the creation and maintenance of reserves in the pension accumulation account, and the maintenance of accumulated contributions in the annuity savings account, as provided for in this chapter, and the payment of all retirement allowances, refunds, and other benefits granted under the retirement system are obligations of the state of Montana.
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