19-9-208. Unfunded liabilities. (1) Each city shall pay the employer contribution rate specified in 19-9-703 without credit reduction, except for a city joining the retirement system after June 30, 1982. A city joining the retirement system after June 30, 1982, is subject to the provisions of 19-9-207.
     (2) If a city is required to make payments on or after July 1, 1985, to amortize its excess and unfunded liability under a prior plan, these payments must be made by the state auditor from the premium taxes on insurance risks enumerated in 19-18-512.
     (3) Subject to judicial review, the board is the determining body as to the interpretation and application of this section.

     History: En. 11-1866 by Sec. 7, Ch. 456, L. 1977; R.C.M. 1947, 11-1866(4); amd. Sec. 2, Ch. 375, L. 1979; amd. Sec. 2, Ch. 286, L. 1983; amd. Sec. 1, Ch. 661, L. 1983; amd. Sec. 185, Ch. 265, L. 1993; Sec. 19-9-503, MCA 1991; redes. 19-9-208 by Code Commissioner, 1993.