{"data":{"id":"us-mt/19-20-802","jurisdiction":"us-mt","citation":"19-20-802","heading":"Early retirement.","body":"(1) (a) A vested tier one member who is not eligible for service retirement but has attained the age of 50 is eligible for an early retirement allowance.\n(b) A vested tier two member who is not eligible for service retirement but has attained the age of 55 is eligible for an early retirement allowance.\n(2) A member retiring early under subsection (1) must have terminated employment in all positions reportable to the retirement system and must file a written application with the retirement board.\n(3) The early retirement allowance must be determined as prescribed in 19-20-804, with the exception that the allowance will be reduced using actuarially equivalent factors based on the most recent actuarial valuation of the system.","path":["TITLE 19. PUBLIC RETIREMENT SYSTEMS","CHAPTER 20. TEACHERS' RETIREMENT","Part 8. Superannuation Retirement"],"source_url":"https://mca.legmt.gov/bills/mca/title_0190/chapter_0200/part_0080/section_0020/0190-0200-0080-0020.html","current_through":"Montana Code Annotated 2025","vintage":"","retrieved_at":"2026-09-14T04:49:09Z","sha256":"9ec6ea72db84b036c5637790e0ca77bd96caf984cce452f9c39c710d9a244699","source_id":"us-mt","stale":false,"prev":"us-mt/19-20-801","next":"us-mt/19-20-803"},"notice":"GroundRules: Original legal text. Not legal advice."}