This bill revises the provisions regarding the reemployment of certain retired teachers, specialists, and administrators under the Teachers' Retirement System in Montana. It amends Section 19-20-732, allowing retired members who have been receiving a retirement allowance for at least two months to be employed full-time for a maximum of five years, an increase from the previous limit of three years. The bill also stipulates that these retired members must have completed 27 or more years of creditable service prior to retirement and hold a valid teaching certificate. Employers must certify that they have been unable to fill the position with a non-retired candidate after advertising the position.

Additionally, the bill amends the termination dates for previous laws, extending the termination of the act to June 30, 2029, instead of the previously set dates of 2025 and 2027. The effective date for the new provisions is set for July 1, 2025. The bill also includes requirements for employer contributions to the retirement system and clarifies that reemployed retired members are exempt from certain earnings and employment limits.

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
HB0158_X(1): 19-20-732
HB0158_X(2): 19-20-732
HB0158_X(3): 19-20-732
HB0158_X(4): 19-20-732
HB0158_X(5): 19-20-732
HB0158_X: 19-20-732