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Rule Title: INSTALLMENT PURCHASE
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Department: ADMINISTRATION
Chapter: TEACHERS' RETIREMENT BOARD
Subchapter: Creditable Service
 
Latest version of the adopted rule presented in Administrative Rules of Montana (ARM):

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2.44.414    INSTALLMENT PURCHASE

(1) If a member signs an irrevocable payroll deduction authorization and subsequently terminates employment, the cost to purchase the balance of the remaining service will be recalculated at the time the member reapplies to purchase the balance of the service.  

History: 19-20-201, MCA; IMP, 19-20-402, 19-20-403, 19-20-404, 19-20-408, 19-20-409, 19-20-410, 19-20-411, 19-20-414, 19-20-415, 19-20-416, 19-20-417, 19-20-426, 19-20-427, MCA; NEW, 1995 MAR p. 2122, Eff. 10/13/95; AMD, 1999 MAR p. 2837, Eff. 10/8/99; AMD, 2008 MAR p. 38, Eff. 12/21/07.


 

 
MAR Notices Effective From Effective To History Notes
2-44-393 12/21/2007 Current History: 19-20-201, MCA; IMP, 19-20-402, 19-20-403, 19-20-404, 19-20-408, 19-20-409, 19-20-410, 19-20-411, 19-20-414, 19-20-415, 19-20-416, 19-20-417, 19-20-426, 19-20-427, MCA; NEW, 1995 MAR p. 2122, Eff. 10/13/95; AMD, 1999 MAR p. 2837, Eff. 10/8/99; AMD, 2008 MAR p. 38, Eff. 12/21/07.
10/8/1999 12/21/2007 History: Sec. 19-20-201 MCA; IMP, 19-20-401 through 19-20-411 and 19-20-415 MCA; NEW, 1995 MAR p. 2122, Eff. 10/13/95; AMD, 1999 MAR p. 2837, Eff. 10/8/99.
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