Montana Code 19-3-402. Federally subsidized employees eligible
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19-3-402. Federally subsidized employees eligible. A person whose compensation is paid either fully or in part from federal funds but who is not subject to the federal retirement system is considered an employee and is entitled to all benefits and is required to make all employee contributions under the retirement system based upon the full salary received by such employee, including that portion of salary paid from federal funds.
Terms Used In Montana Code 19-3-402
- Compensation: means remuneration paid out of funds controlled by an employer in payment for the member's services or for time during which the member is excused from work because of a holiday or because the member has taken compensatory leave, sick leave, annual leave, banked holiday time, or a leave of absence before any pretax deductions allowed by state or federal law are made. See Montana Code 19-3-108
- Person: includes a corporation or other entity as well as a natural person. See Montana Code 1-1-201
- retirement system: means the public employees' retirement system established in 19-3-103. See Montana Code 19-3-108