Public Employees' Retirement System of the State of Montana ... Annual Report 1946
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Provided further that all funds so contributed by State Departments and Public Agencies be credited to the Pension Reserve Fund. That all Pension, Disability and Death Benefit payments not pro- vided for in the law by a member himself would be paid out of said Pension Reserve Fund. Because of the 49c contribu- tion from the employer all prior service by any employee rendered either to the State or any political sub-division of the State be considered prior service for retirement require- ments ...with the intent and meaning of the Retirement Law.
6. RESOLVED: That we should seek an amendment to Sec- tion No. 18 (m) of the Public Employees' Retirement Act so as to strike out the "25% hold back" clause and enact in lieu thereof "10%".
—5— 7. RESOLVED: That we should seek an amendment to the Public Employees' Retirement Act, Section No. 14, which establishes a Board of Administration, so that elective State officers shall not be required to serve thereon, and in lieu thereof provide for a board of administration consisting of five members appointed by the Governor, and that com- pensation for services rendered for traveling- expenses and sustenance shall be provided in the amendment.
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To quickly assess the difficulty of the text, read a short excerpt:
Provided further that all funds so contributed by State Departments and Public Agencies be credited to the Pension Reserve Fund. That all Pension, Disability and Death Benefit payments not pro- vided for in the law by a member himself would be paid out of said Pension Reserve Fund. Because of the 49c contribu- tion from the employer all prior service by any employee rendered either to the State or any political sub-division of the State be considered prior service for retirement require- ments ...with the intent and meaning of the Retirement Law.
6. RESOLVED: That we should seek an amendment to Sec- tion No. 18 (m) of the Public Employees' Retirement Act so as to strike out the "25% hold back" clause and enact in lieu thereof "10%".
—5— 7. RESOLVED: That we should seek an amendment to the Public Employees' Retirement Act, Section No. 14, which establishes a Board of Administration, so that elective State officers shall not be required to serve thereon, and in lieu thereof provide for a board of administration consisting of five members appointed by the Governor, and that com- pensation for services rendered for traveling- expenses and sustenance shall be provided in the amendment.
What to read after Public Employees' Retirement System of the State of Montana ... Annual Report 1946?
You can find similar books in the "Read Also" column, or choose other free books by Montana. Public Employees' Retirement System to read onlineMoreLess
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