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Code · Montana · Title 19 — Public Retirement Systems · Chapter 20 · Part 7

19-20-701. Benefits.

146 words·~1 min read·/mt/title-19/chapter-20/part-7/19-20-701·

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19-20-701 . Benefits.
(1)The retirement, disability, and other benefits of the retirement system must be granted on the basis of the provisions of this chapter. A member's written application for benefits must include a statement certifying that there has been a bona fide separation from service, including whether there are any intentions to be reemployed with the same employer that would be prohibited under the Internal Revenue Code.
(2)If a member applies for a retirement benefit but dies before receiving the first monthly benefit allowance, benefits must be paid to the joint annuitant or beneficiary designated on the member's written application for a retirement allowance in the manner provided in 19-20-1001 . If the member's written application did not include a designation of a joint annuitant or beneficiary, benefits must be paid to the beneficiary of record in the manner provided in 19-20-1001 .
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