Montana legislation · 2025 Regular Session
Montana HB51: Increase MUS-RP supplemental contribution to TRS
Status: Chaptered, May 20, 2025
What the bill says
A bill for an act entitled: "an act increasing the montana university system retirement program supplemental employer contribution rate paid to the teachers' retirement system; amending section 19-20-621, mca; and providing an effective date.".
From the engrossed text:
A BILL FOR AN ACT ENTITLED: "AN ACT INCREASING THE MONTANA UNIVERSITY SYSTEM RETIREMENT PROGRAM SUPPLEMENTAL EMPLOYER CONTRIBUTION RATE PAID TO THE TEACHERS' RETIREMENT SYSTEM; AMENDING SECTION 19-20-621, MCA; AND PROVIDING AN EFFECTIVE DATE." BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MONTANA: Section 1. Section 19-20-621, MCA, is amended to read: "19-20-621. Montana university system retirement program supplemental contributions. (1) Each employer within the university system with employees participating in the university system retirement program under Title 19, chapter 21, shall contribute to the teachers' retirement system a supplemental employer contribution sufficient to amortize, by July 1, 2033, the past service liability of the teachers' retirement system for the university system members. (2) The university system retirement program supplemental employer contribution as a percentage of the total compensation of all employees participating in the program is: 14.21%. (a) 4.04% beginning July 1, 2001, through June 30, 2007; and (b) 4.72% beginning July 1, 2007. (3) The board shall periodically review the supplemental employer contribution rate and recommend adjustments to the legislature as needed to maintain the amortization of the university system's past service liability by July 1, 2033." NEW SECTION. Section 2. Effective date. [This act] is effective July 1, 2025. - END - - 1 - Authorized Print Version - HB
Sponsors
- Matthews, Eric (D, 66) · primary sponsor
Latest actions
- : (H) Died in Process
- : Chapter Number Assigned
- : (H) Signed by Governor
- : (H) Transmitted to Governor
- : (S) Signed by President
- : (H) Signed by Speaker
- : (H) Returned from Enrolling
- : (H) Sent to Enrolling
- : (H) 3rd Reading Passed as Amended by Senate
- : (H) Scheduled for 3rd Reading
Subjects: Education - Post-Secondary, Retirement
Common questions
- What is HB51?
- HB51 is a bill in the Montana Legislature (2025 Regular Session): Increase MUS-RP supplemental contribution to TRS.
- What does HB51 do?
- In its own words: A bill for an act entitled: "an act increasing the montana university system retirement program supplemental employer contribution rate paid to the teachers' retirement system; amending section 19-20-621, mca; and providing an effective date.".
- What is the status of HB51?
- Chaptered as of May 20, 2025. Latest action: (H) Died in Process (May 20, 2025).
- Who sponsored HB51?
- Matthews, Eric (D, 66).
- Where is the official record for HB51?
- On the Montana Legislature website: https://bills.legmt.gov/#/laws/bill/2/LC0265
Source: official Montana record. Tracked by Delilah, AI for legislation across all 50 states and Congress.