Montana Code 19-3-1201. Eligibility for death payments
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19-3-1201. Eligibility for death payments. Upon receipt of a written application filed with the board by a designated beneficiary, the board shall grant a death payment to the designated beneficiary of any member who dies:
Terms Used In Montana Code 19-3-1201
- Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
(1)while in service;
(2)while a recipient of a disability retirement benefit, if the benefit has been in effect less than 6 months;
(3)while disabled, if the member has been continuously disabled since discontinuance of the member’s service but is not receiving a disability retirement benefit; or
(4)while an inactive member.