19-20-711. Eligibility for postretirement adjustment. (1) Except as provided in subsection (2), a member or beneficiary is eligible to receive a postretirement adjustment as provided in 19-20-713 if he is receiving a:
     (a) service retirement allowance and is 55 years of age or older on or before June 30 in the year that the postretirement adjustment is made; or
     (b) disability or survivorship allowance.
     (2) A member or beneficiary is ineligible to receive a postretirement adjustment under subsection (1) unless he has been receiving a monthly service, disability, or survivorship allowance for at least 24 consecutive months on or before June 30 in the year the adjustment is made.

     History: En. Sec. 1, Ch. 115, L. 1989; Sec. 19-4-711, MCA 1991; redes. 19-20-711 by Code Commissioner, 1993.