ARM 2.43.2310

ARM 2.43.2310

SupersededLast amended: 1990Length: 114 wordsOfficial source

Cite as Mont. Admin. R. 2.43.2310

2.43.433 PURCHASE OF FULL-TIME SERVICE BY PART-TIME MEMBERS (1) When a member employed on a part-time basis is eligible to purchase periods of full-time service, the compensation used to calculate the cost to purchase such full-time service will be the actual part-time compensation earned. (2) If the member later retires with a full-time FAS, the full-time service purchased under (1) will be proportionally reduced based upon the proportion of time worked when the service was purchased. (3) A member whose service is reduced under (2) above may elect to purchase service to equal full-time by paying the difference between the cost actually paid and the cost had the member's salary been full-time, plus interest.
ARM 2.43.2310: ARM 2.43.2310 | Justis AI