{"data":{"id":"us-mt/19-3-2116","jurisdiction":"us-mt","citation":"19-3-2116","heading":"Vesting -- mandatory termination of membership -- forfeitures.","body":"(1) A member's contribution account includes the member's contributions and the income on those contributions and is vested from the date that the employee becomes a member of the plan.\n(2) A member's employer contribution account includes the employer's contributions and the income on those contributions and is vested only when the member has a total of 5 years of membership service under the system.\n(3) A member's account for other contributions includes the member's rollovers of contributions made pursuant to 19-3-2115 and income on those contributions and is vested from the date that the contribution is credited to the account.\n(4) A member who terminates service after becoming a vested member may terminate plan membership as provided in 19-3-2123.\n(5) A member who terminates service before becoming a vested member shall terminate plan membership as provided in 19-3-2123 and subject to 19-3-2126.\n(6) If the member's employer contribution account is not vested upon termination of plan membership, as provided in 19-3-2123, the employer contributions and income are forfeited and must be allocated as provided in 19-3-2117.","path":["TITLE 19. PUBLIC RETIREMENT SYSTEMS","CHAPTER 3. PUBLIC EMPLOYEES' RETIREMENT SYSTEM","Part 21. Defined Contribution Plan"],"source_url":"https://mca.legmt.gov/bills/mca/title_0190/chapter_0030/part_0210/section_0160/0190-0030-0210-0160.html","current_through":"Montana Code Annotated 2025","vintage":"","retrieved_at":"2026-09-14T04:48:48Z","sha256":"1851c49b8f823b33c2e8a442eb0f1e1877aecc1437043533b08b621612c3b55f","source_id":"us-mt","stale":false,"prev":"us-mt/19-3-2115","next":"us-mt/19-3-2117"},"notice":"GroundRules: Original legal text. Not legal advice."}
