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20 chapters · 579 sections in this title.
Mont. Code Ann. § 19-50-101 Definitions
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For the purposes of this chapter, unless a different meaning is plainly implied by the context, the following definitions apply: (1) "Administrator" or "board" means the public employees' retirement board created in 2-15-1009 or an appropriate officer of a political subdivision. …
Mont. Code Ann. § 19-50-102 Deferred Compensation Programs Permitted -- Rules
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(1) The state or a political subdivision may establish deferred compensation plans that are eligible under section 457 of the Internal Revenue Code, 26 U.S.C. 457, as amended, and in compliance with regulations of the U.S. department of the treasury. Eligible deferred compensatio…
Mont. Code Ann. § 19-50-103 No Effect On Other Retirement Programs -- Taxes Deferred -- Roth Deferral Exception
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(1) The deferred compensation program established by this chapter is in addition to retirement, pension, or benefit systems, including plans qualifying under section 403(b) of the Internal Revenue Code, 26 U.S.C. 403(b), as amended, established by the state or a political subdivi…
Mont. Code Ann. § 19-50-104 Eligibility To Catch Up -- Normal Retirement Age
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(1) Except as provided in subsection (2), for the purposes of determining a participant's eligibility to catch up on making the maximum annual deferrals allowable, normal retirement age must be specified in writing by the participant and must be no earlier than: (a) the age at wh…