Annual Financial Report 1990
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In our eReader you can find the full English version of the book. Read Annual Financial Report 1990 Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Annual Financial Report 1990
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The amount of the allowance is either: 1) the same amount as the retirement annuity, or 2) for members with more than 10 years of service and who's disability is a direct result of service in the line of duty, a monthly benefit equal to one-half of their final salary.
d. Death Benefit Upon the death of an active member prior to retirement, surviving beneficiaries are entitled to either: 1) in the case of a work-related death , a monthly benefit equal to one-half of the member's final salary, or... 2) in the case of a death from other causes , a monthly annuity based upon the salary, age and service of the member. The benef iciary(ies) may elect a refund of the member's accumulated contributions and interest in lieu of the monthly benefit.
e. Benefit Enhancements after Retirement Prior to June 30, 1989, benefit increases had been granted by the legislatures on an ad-hoc basis to retirees. The 1989 Legislature instituted an automatic post retirement adjustment process which funds permanent benefit increases from investment earnings over the actuarially required 8% yield.
What to read after Annual Financial Report 1990?
You can find similar books in the "Read Also" column, or choose other free books by Montana. Public Employees' Retirement Board to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
The amount of the allowance is either: 1) the same amount as the retirement annuity, or 2) for members with more than 10 years of service and who's disability is a direct result of service in the line of duty, a monthly benefit equal to one-half of their final salary.
d. Death Benefit Upon the death of an active member prior to retirement, surviving beneficiaries are entitled to either: 1) in the case of a work-related death , a monthly benefit equal to one-half of the member's final salary, or... 2) in the case of a death from other causes , a monthly annuity based upon the salary, age and service of the member. The benef iciary(ies) may elect a refund of the member's accumulated contributions and interest in lieu of the monthly benefit.
e. Benefit Enhancements after Retirement Prior to June 30, 1989, benefit increases had been granted by the legislatures on an ad-hoc basis to retirees. The 1989 Legislature instituted an automatic post retirement adjustment process which funds permanent benefit increases from investment earnings over the actuarially required 8% yield.
What to read after Annual Financial Report 1990?
You can find similar books in the "Read Also" column, or choose other free books by Montana. Public Employees' Retirement Board to read onlineMoreLess
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