Montana § 19-3-2103 Legislative Intent

Montana Statutes

§ 19-3-2103 — Legislative Intent

Montana § 19-3-2103

Title 19PUBLIC RETIREMENT SYSTEMS

Ch. 3PUBLIC EMPLOYEES' RETIREMENT SYSTEM

Part 21Defined Contribution Plan

This text of Montana § 19-3-2103 (Legislative Intent) is published on Counsel Stack Legal Research, covering Montana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mont. Code Ann. § 19-3-2103 (2026).

Text

19-3-2103 . Legislative intent. It is the intent of the legislature that, in implementing and administering the defined contribution plan:

(1)changes to current administrative processes and the impact of those changes on employers be minimized to the extent possible;

(2)the administrative structure for the plan be configured in an economical and efficient manner;

(3)administration and services for the plan be contracted out to the extent possible, but that the board provide for the diligent oversight of the contracts;

(4)reasonable member services be provided for and that fees be commensurate with the services;

(5)lines of communication and responsibilities be clearly established so that employers or their personnel and payroll officers do not advise members about plan choices or inve

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19-3-2103 . Legislative intent. It is the intent of the legislature that, in implementing and administering the defined contribution plan:
(1) changes to current administrative processes and the impact of those changes on employers be minimized to the extent possible;
(2) the administrative structure for the plan be configured in an economical and efficient manner;
(3) administration and services for the plan be contracted out to the extent possible, but that the board provide for the diligent oversight of the contracts;
(4) reasonable member services be provided for and that fees be commensurate with the services;
(5) lines of communication and responsibilities be clearly established so that employers or their personnel and payroll officers do not advise members about plan choices or investment alternatives; and
(6) employers be encouraged to provide paid time for members to attend educational programs sponsored by the board pursuant to 19-3-112 .