Montana Game Wardens' And Peace Officers' Retirement System Member Handbook 2002
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Your service purchase will be prorated. We will track your monthly payments in an additional contribution account until you complete the service purchase contract. Then we wiU transfer the money to your regular account and credit your account with the service. 17 Vested members may purchase most types of service at any time before retirement. Be aware, any delay may increase the cost because of added interest or higher salaries. You may not buy any service that will qualify you for a retirement... from another public re- tirement system. To buy this service, you must receive a refund of the service from the other public system. Members must complete all service purchases before they retire. (§ 19-2-704, MCA) Types of Service Which May Be Qualified : 1. Refund: Refunded service means you terminated your job, and the MPERA paid you the accumulated contributions (your contri- butions plus interest) in your account. To purchase refunded ser- vice, you must repay the contributions and interest you received as a reflxnd.
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