Montana Code 19-18-501. Contributions to fund
19-18-501. Contributions to fund. The disability and pension fund consists of:
Terms Used In Montana Code 19-18-501
- Donor: The person who makes a gift.
- State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Montana Code 1-1-201
(1)all bequests, fees, gifts, emoluments, donations, or money from other sources given or paid to the fund, except as otherwise designated by the donor;
(2)a monthly contribution to the fund by each paid or part-paid member of the association amounting to 6% of the member’s regular monthly salary;
(3)the proceeds of the tax levy provided for in 19-18-504;
(4)all money received from the state, including those payments provided for in 19-18-512; and
(5)all interest and other income earned from the investment of the fund.