2015 Retirement Legislation

The Montana Public Employee Retirement Administration (MPERA) is monitoring the following legislation. This list includes only those bills or portions of bills which may impact retirement systems within Montana state government and agencies contracting with MPERA. Here are comprehensive spreadsheets of all tracked House bills and Senate bills, and their current status.

To view the entire contents of this and other legislation, visit the Legislature's LAWS website. Our Facebook page is updated immediately as the bill status changes, so follow us for all the latest in retirement legislation!

A list of introduced bills, their sponsors and their most recent action is below.

HB 59
Ryan Lynch

Increase university system supplemental contribution to TRS
Increases the University System Retirement Program Supplemental employer contribution

Bill Action:
Tabled In Committee

Board Position:
Support

HB 85
Tom Woods

Revises the administration and tax qualification laws of the TRS
Revises administrative and federal tax qualification provisions of the Teachersí Retirement System, revising provisions related to the correction of errors, creditable service, optional retirement allowances, compensation limitations, maximum contributions, differential wages payments, disability benefits death benefits and group insurance premium withholding.

Bill Action:
Chapter Number Assigned
04/09/2015

Board Position:
None taken

HB 101
Tom Steenberg

Generally revise administrative laws of the MPERA retirement systems
Revises laws related to the administration of PERS, revises provisions of the PERS, JRS, HPORS, SRS, GWPORS, MPORS, and FURS. Revises the provisions of the VFCA. Revises the sharing of confidential income information, providing for the recovery of improper payments, revising certain benefits for contingent annuitants and beneficiaries, clarifying optional membership provisions clarifying the calculation of certain benefits, revising certain benefit payments and membership election provisions, eliminating expired provisions and providing a delayed effective date.

Bill Action:
Chapter Number Assigned
04/17/2015

Board Position:
Board bill proposal

HB 107
Rob Cook

Revise defined contribution plan funding laws
Revises the allocation of employer contributions in the PERS; reallocating certain employer contributions from the systemís defined benefit plan to member accounts in the systemís defined contribution plan; striking the allocation of temporary contributions to the defined contribution plan disability fund; eliminating a provision requiring the PERS Board to actuarially adjust certain contributions between the systemís defined benefit plan and the systemís defined contribution plan.

Bill Action:
Chapter Number Assigned
04/02/2015

Board Position:
Board bill proposal

HB 124
Wendy McKamey

Revises retirement plan laws to ensure federal tax qualification,
Revises commingled and group trust provisions to comply with federal law, revises the mortality tales used to determine compliance with federal law, revises references to eligibility for military service to comply with federal law; revises the catch-up age for public safety employees participating in a deferred compensation plan to comply with normal retirement age provisions, revises the definition of deferred compensation plan participant to include anyone enrolled in a deferred compensation plan, whether still employed or not.

Bill Action:
Chapter Number Assigned
03/30/2015

Board Position:
Board bill proposal

HB 170
David (Doc) Moore

Revise definition of compensation in police retirement system
Seeks to include overtime, holiday payments, shift differential payments, compensatory time payments and payments in lieu of sick leave and annual leave.

Bill Action:
Tabled In Committee

Board Position:
Remain Neutral

HB 264
Virginia Court

Require notification of change to retirement plan beneficiary
Require notification of a designated beneficiary under Montana's Public Employee Retirement Plans when changes are made concerning the beneficiary's designation.

Bill Action:
Tabled in Committee
02/04/2015

Board Position:
Oppose

HB 392
Frank Garner 

Establish reemployment provisions for MPORS members
Establishes provision concerning the reemployment of members of the Municipal Police Officers' Retirement System (MPORS).

Bill Action:
Chapter Number Assigned
04/09/2015

Board Position:

HB 408
Greg Hertz 

 

Revise contract rights for new members of public employee retirement plans
Revises contract rights for new members of the defined benefit retirement plans administration by the Public Employees' Retirement Board and for TRS.

Bill Action:
Tabled in Committee

Board Position:
Oppose

HB 483
Ed Lieser  

 

Raising pension benefit in VFCA
Raises the pension benefit available to an eligible member under the Volunteer Firefighters' Compensation Act.

Bill Action:
Chapter Number Assigned
04/29/2015

Board Position:
Oppose

HB 564
Andrew Person

Revise social security laws
Raises the pension benefit available to an eligible member under the Volunteer Firefighters' Compensation Act.

Bill Action:
Chapter Number Assigned
04/17/2015

Board Position:

HB 574
Jeff Essmann

Revise compensation definition and funding in police and fire retirement systems
Revised the Municipal Police Officers' and the Firefighters' Unified Retirement System law concerning the definition of compensation and contributions based on that compensation.

Bill Action:
Tabled in Committee
03/31/2015

Board Position:

SB 42
Sue Malek

Revise allocation of contribution in the PERS Defined Contribution plan
Revises the allocation of employer contributions and the effective date for changes in the allocation of the employer contributions in the PERS defined contribution plan and the MUS-RP; providing an immediate effective date and a retroactive applicability date.

Bill Action:
Chapter Number Assigned
04/07/2015

Board Position:
Support

SB 74
Mary Sheehy Moe

Revise PERS employer contribution laws for the Montana State University System
Allocates additional employer contributions for the MUS-RP who are in positions covered under PERS and providing an immediate date and a retroactive applicability date.

Bill Action:
Chapter Number Assigned
04/07/2015

Board Position:
Board bill proposal

SB 121
Douglas (Doug) Kary

Revise what employment by a PERS retiree is considered active member service
Eliminates service by an independent contractor as employment covered by the PERS for the purposes of retiree reemployment limitations and employer contributions.

Bill Action:
Tabled in Committee

Board Position:

SB 141
Llew Jones

Repeal termination of reemployment provision for certain retired TRS members
Repealing the termination of a provision allowing certain retired teachers, specialists and administrators under the TRS to be reemployed in certain circumstances without being subject to the standard limitations.

Bill Action:
Chapter Number Assigned
04/02/2015

Board Position:
None Taken

SB 161
Roger Webb

Prohibit 457 deferred comp plan from accepting rollovers
Prohibits government employer-sponsored deferred compensation plans from accepting certain rollovers, requiring a determination by the Internal Revenue service providing for contingent voidness.

Bill Action:
Tabled in Committee

Board Position
Oppose

SB 238
Mark Blasdel

Create a deferred retirement option plan (DROP) in Hwy Patrol Retirement Plan
Establishes a deferred retirement option plan in the Highway Patrol Officers' Retirement System (HPORS), specifying elgibility and participating criteria, contributions and interest rate to be credited, and provides for survivorship benefits and distribution options.

Bill Action:
Chapter Number Assigned
04/22/2015

Board Position
Informational

SR 46
Dee Brown

Confirm appointees to public employees' retirement board
A resolution of the Senate of the state of Montana concurring in, confirming and consenting to the appointments to the Public Employee's Retirement Board made by the Governor and submitted by written communication.

Bill Action:
Filed with the Secretary of State
04/24/2015

 

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