Montana § 19-3-319 State Contributions For Local Government And School District Employers

Montana Statutes

§ 19-3-319 — State Contributions For Local Government And School District Employers

Montana § 19-3-319

Title 19PUBLIC RETIREMENT SYSTEMS

Ch. 3PUBLIC EMPLOYEES' RETIREMENT SYSTEM

Part 3Contributions and Refunds

This text of Montana § 19-3-319 (State Contributions For Local Government And School District Employers) 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. § 19-3-319 (2026).

Text

19-3-319 . State contributions for local government and school district employers.

(1)The state shall contribute monthly from the general fund to the pension trust fund a sum equal to 0.1% of the compensation paid to all employees of local government entities and school districts on and after July 1, 1997, except those employees properly excluded from membership.

(2)(a) Subject to subsection (2)(b), in addition to the contribution required under subsection (1), the state shall contribute monthly from the general fund to the pension trust fund a sum equal to 0.27% of the compensation paid to all employees of school districts except for those employees properly excluded from membership.

(b)The additional contribution under subsection (2)(a) terminates when the additional contribution unde

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19-3-319 . State contributions for local government and school district employers. (1) The state shall contribute monthly from the general fund to the pension trust fund a sum equal to 0.1% of the compensation paid to all employees of local government entities and school districts on and after July 1, 1997, except those employees properly excluded from membership.
(2) (a) Subject to subsection (2)(b), in addition to the contribution required under subsection (1), the state shall contribute monthly from the general fund to the pension trust fund a sum equal to 0.27% of the compensation paid to all employees of school districts except for those employees properly excluded from membership.
(b) The additional contribution under subsection (2)(a) terminates when the additional contribution under 19-3-316 (3) terminates.
(3) The board shall certify amounts due under this section on a monthly basis, and the state treasurer shall transfer those amounts to the pension trust fund within 1 week. The payments in this section are statutorily appropriated as provided in 17-7-502 .

Legislative History

En. Sec. 4, Ch. 287, L. 1997; amd. Sec. 39(1)(a), Ch. 532, L. 1997; amd. Sec. 23, Ch. 562, L. 1999; amd. Sec. 16, Ch. 329, L. 2005; amd. Sec. 2, Ch. 371, L. 2007; amd. Sec. 14, Ch. 99, L. 2011.