- (1) The amount of an annuity paid to a member's beneficiary may not exceed the maximum determined under the incidental death benefit requirement in IRC section 401(a)(9)(G).
- (2) Effective for any annuity commencing on or after July 1, 2008, the amount of annuity paid to a member's beneficiary may not exceed the minimum distribution incidental benefit rule under Treasury Regulation section 1.401(a)(9)-6, Q&A-2.
Authorizing statute(s): 19-20-201, MCA
Implementing statute(s): 19-20-106, MCA
History: NEW, 2008 MAR p. 2619, Eff. 12/25/08.