House Bill No. introduced by a group of legislators aims to revise the provisions regarding the reemployment of retired teachers, specialists, and administrators under the Teachers' Retirement System in Montana. The bill amends Section 19-20-732 of the Montana Code Annotated, increasing the maximum period a retired member can be employed on a full-time basis from 3 years to 5 years without losing retirement benefits, provided they have completed at least 27 years of creditable service and hold a valid teaching certificate. Additionally, the bill requires employers to certify that they have been unable to fill the position after advertising it, and it mandates that the retirement board verify the retired member's eligibility.

Furthermore, the bill extends the termination date of the provisions from June 30, 2027, to June 30, 2029, and establishes an effective date of July 1, 2025. The amendments also clarify that reemployed retired members are exempt from certain earnings and employment limits and must adhere to the terms of any collective bargaining agreements if applicable. The retirement board is tasked with reporting on the implementation and outcomes of these changes to relevant legislative committees.

Statutes affected:
LC Text: 19-20-732
HB0158_1(1): 19-20-732
HB0158_1(10): 19-20-732
HB0158_1(2): 19-20-732
HB0158_1(3): 19-20-732
HB0158_1(4): 19-20-732
HB0158_1(5): 19-20-732
HB0158_1(6): 19-20-732
HB0158_1(7): 19-20-732
HB0158_1(8): 19-20-732
HB0158_1(9): 19-20-732
HB0158_1: 19-20-732