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HB51 • 2025

Increase MUS-RP supplemental contribution to TRS

Increase MUS-RP supplemental contribution to TRS

Education Labor
Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor
Eric Matthews
Last action
2025-05-20
Official status
(H) Died in Process
Effective date
Not listed

Plain English Breakdown

The bill did not pass and died in process, so the exact new contribution rate is unknown.

Increase Contribution to Teachers' Retirement System

The bill aims to increase the supplemental employer contribution rate for the Montana University System Retirement Program to help pay off past service costs for university system members by July 1, 2033.

What This Bill Does

  • Increases the percentage of money that employers in the Montana University System must contribute to the Teachers' Retirement System starting July 1, 2025.

Who It Names or Affects

  • Employers in the Montana University System who have employees in the retirement program.
  • The Teachers' Retirement System which receives more money from these employers.

Terms To Know

Supplemental Employer Contribution
Extra money that an employer must pay to a retirement system, above what is normally required.
Past Service Liability
Money owed by the retirement system for services given before a certain date.

Limits and Unknowns

  • The bill did not pass and died in process.
  • It's unclear what the new contribution rate will be after July 1, 2025.

Amendments

These notes stay tied to the official amendment files and metadata from the legislature.

COMMITTEE

Plain English: Amendment 1 changes the supplemental employer contribution rate for the Montana University System Retirement Program to a fixed percentage and extends the deadline for amortizing past service liabilities.

  • Changes the supplemental employer contribution rate from a variable percentage to a fixed 6.0% starting July 1, 2025.
  • Extends the deadline by which the supplemental employer contributions must fully cover past service liabilities from July 1, 2033 to July 1, 2046.
  • The amendment removes the requirement for the Teachers' Retirement Board to recommend adjustments to the legislature as needed, but does not specify what happens if future adjustments are required.

Bill History

  1. 2025-05-20 HOUSE

    (H) Died in Process

  2. 2025-04-24 SENATE

    (S) First Reading

  3. 2025-03-12 HOUSE

    (H) Missed Deadline for General Bill Transmittal

  4. 2025-01-22 HOUSE

    (H) Tabled in Committee

  5. 2025-01-22 HOUSE

    (H) Tabled in Committee

  6. 2025-01-07 HOUSE

    (H) Fiscal Note Received

  7. 2025-01-07 HOUSE

    (H) Fiscal Note Signed

  8. 2025-01-07 HOUSE

    (H) Fiscal Note Printed

  9. 2025-01-06 HOUSE

    (H) First Reading

  10. 2025-01-06 HOUSE

    (H) Hearing

  11. 2024-12-20 HOUSE

    (H) Referred to Committee

  12. 2024-12-18 HOUSE

    (H) Fiscal Note Requested

  13. 2024-12-10 HOUSE

    (LC) Draft Delivered to Requester

  14. 2024-12-10 HOUSE

    (H) Introduced

  15. 2024-11-18 HOUSE

    (LC) Draft Ready for Delivery

  16. 2024-11-17 HOUSE

    (LC) Draft in Assembly

  17. 2024-11-13 HOUSE

    (LC) Draft in Input/Proofing

  18. 2024-11-13 HOUSE

    (LC) Draft in Final Drafter Review

  19. 2024-11-07 HOUSE

    (LC) Draft in Edit

  20. 2024-11-04 HOUSE

    (LC) Draft in Legal Review

  21. 2024-09-23 HOUSE

    (LC) Drafter Assigned

Official Summary Text

Increase MUS-RP supplemental contribution to TRS

Current Bill Text

Read the full stored bill text
****
69th Legislature 2025 HB 51.1
- 1 - Authorized Print Version – HB 51
1 HOUSE BILL NO. 51
2 INTRODUCED BY E. MATTHEWS
3 BY REQUEST OF THE TEACHERS' RETIREMENT BOARD
4
5 A BILL FOR AN ACT ENTITLED: “AN ACT INCREASING THE MONTANA UNIVERSITY SYSTEM
6 RETIREMENT PROGRAM SUPPLEMENTAL EMPLOYER CONTRIBUTION RATE PAID TO THE TEACHERS'
7 RETIREMENT SYSTEM; AMENDING SECTION 19-20-621, MCA; AND PROVIDING AN EFFECTIVE DATE.”
8
9 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MONTANA:
10
11Section 1. Section 19-20-621, MCA, is amended to read:
12 "19-20-621. Montana university system retirement program supplemental contributions. (1)
13 Each employer within the university system with employees participating in the university system retirement
14 program under Title 19, chapter 21, shall contribute to the teachers' retirement system a supplemental
15 employer contribution sufficient to amortize, by July 1, 2033, the past service liability of the teachers' retirement
16 system for the university system members.
17 (2) The university system retirement program supplemental employer contribution as a percentage
18 of the total compensation of all employees participating in the program is: 14.21%.
19 (a) 4.04% beginning July 1, 2001, through June 30, 2007; and
20 (b) 4.72% beginning July 1, 2007.
21 (3) The board shall periodically review the supplemental employer contribution rate and
22 recommend adjustments to the legislature as needed to maintain the amortization of the university system's
23 past service liability by July 1, 2033."
24
25 NEW SECTION. Section 2. Effective date. [This act] is effective July 1, 2025.
26 - END -