19-3-1601. Eligibility for postretirement adjustment. (1) Except as provided in subsection (2), a benefit recipient is eligible to receive a postretirement adjustment as provided in 19-3-1603 if the person is receiving a:
     (a) service retirement benefit 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 benefit.
     (2) A benefit recipient is ineligible to receive a postretirement adjustment under subsection (1) unless the recipient has been receiving a monthly service, disability, or survivorship benefit 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; amd. Sec. 90, Ch. 265, L. 1993; Sec. 19-3-1109, MCA 1991; redes. 19-3-1601 by Code Commissioner, 1993.