Montana legislation · 2025 Regular Session
Montana SB141: Providing that the default retirement plan for legislators is the defined contribution plan through PERS
Status: Failed, May 23, 2025
What the bill says
A bill for an act entitled: "an act revising participation in public retirement systems for legislators; requiring new legislators to join the public employees' retirement system defined contribution plan; amending section 5-2-304, mca; and providing an effective date.".
From the engrossed text:
A BILL FOR AN ACT ENTITLED: "AN ACT REVISING PARTICIPATION IN PUBLIC RETIREMENT SYSTEMS FOR LEGISLATORS; REQUIRING NEW LEGISLATORS TO JOIN THE PUBLIC EMPLOYEES' RETIREMENT SYSTEM DEFINED CONTRIBUTION PLAN; AMENDING SECTION 5-2-304, MCA; AND PROVIDING AN EFFECTIVE DATE." BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MONTANA: Section 1. Section 5-2-304, MCA, is amended to read: "5-2-304. Participation in public retirement systems. (1) The purpose of this section is to allow a person who is elected or appointed to the Montana legislature and who is also a member of a retirement system provided for in Title 19, chapter 3, 5, 6, 7, 8, 9, 13, 20, or 21, by virtue of the person's nonlegislative employment to continue the person's participation in the public retirement system of which the person is a member. (2) This section is not intended to provide duplicate credit for the same service in two retirement systems supported wholly or in part by public funds. This section does not affect contribution rates or benefit payments specifically provided for in the laws governing the operation of individual retirement systems. (3) (a) A person who is an inactive or retired member of a retirement system provided for in Title 19, chapter 5, 6, 7, 8, 9, 13, 20, or 21, and who is elected or appointed to …
Sponsors
- Mandeville, Forrest (R, 28) · primary sponsor
Latest actions
- : (S) Died in Process
- : (S) Missed Deadline for General Bill Transmittal
- : (S) Tabled in Committee
- : (S) Committee Executive Action
- : (S) Fiscal Note Printed
- : (S) Fiscal Note Signed
- : (S) Fiscal Note Received
- : (S) Hearing
- : (S) Fiscal Note Requested
- : (S) Referred to Committee
Subjects: Retirement, Legislature
Common questions
- What is SB141?
- SB141 is a bill in the Montana Legislature (2025 Regular Session): Providing that the default retirement plan for legislators is the defined contribution plan through PERS.
- What does SB141 do?
- In its own words: A bill for an act entitled: "an act revising participation in public retirement systems for legislators; requiring new legislators to join the public employees' retirement system defined contribution plan; amending section 5-2-304, mca; and providing an effective date.".
- What is the status of SB141?
- Failed as of May 23, 2025. Latest action: (S) Died in Process (May 23, 2025).
- Who sponsored SB141?
- Mandeville, Forrest (R, 28).
- Where is the official record for SB141?
- On the Montana Legislature website: https://bills.legmt.gov/#/laws/bill/2/LC0018
Source: official Montana record. Tracked by Delilah, AI for legislation across all 50 states and Congress.