(1) At any time prior to retirement, a member who is statutorily eligible to do so may:
- (a) elect to purchase into their current retirement system all or any portion of their previously refunded service in that system; or
- (b) elect to purchase service from another MPERA-administered retirement system for which the member has received or is eligible to receive a refund.
- (2) Section (1)(b) shall not be construed to allow the purchase of service between two retirement systems while the individual is a member of both systems.
- (3) In order to purchase the service, an eligible member must file a request to purchase service with MPERA identifying, in writing, the system to which the member currently contributes and the period of employment which is to be purchased.
- (4) After reviewing the information in its files, MPERA shall notify the member of the amount of service eligible to be purchased and the cost of that service.
Authorizing statute(s): 19-2-403, MCA
Implementing statute(s): 19-2-704, 19-2-709, 19-2-710, 19-2-715, MCA
History: NEW, 1986 MAR p. 1454, Eff. 8/29/86; AMD, 1990 MAR p. 994A, Eff. 7/1/90; AMD & TRANS, from ARM 2.43.420, 2008 MAR p. 2467, Eff. 12/1/08; AMD, 2011 MAR p. 1678, Eff. 8/26/11.