This bill revises the working retiree provisions under the Teachers' Retirement System in Montana, specifically amending Section 19-20-734 of the Montana Code Annotated (MCA). The key change allows retired teachers to be employed as mentors for newly hired teachers during their break-in-service period, in addition to their previous role as substitute classroom teachers. The bill maintains the requirement that retired members must have a break in service of 150 calendar days before being employed in a position reportable to the retirement system, with specific conditions outlined for their employment during this period.

Additionally, the bill amends the termination date for certain provisions from June 30, 2027, to June 30, 2029, and establishes an effective date of July 1, 2025. The revisions aim to provide more flexibility for retired teachers while ensuring compliance with retirement system regulations. The bill also includes provisions for the consequences if a retired member is found to be employed in violation of the break-in-service requirements, including the potential termination of retirement benefits and repayment of benefits received.

Statutes affected:
LC Text: 19-20-734
HB0359_1(1): 19-20-734
HB0359_1(2): 19-20-734
HB0359_1(3): 19-20-734
HB0359_1(4): 19-20-734
HB0359_1(5): 19-20-734
HB0359_1: 19-20-734
HB0359_X(1): 19-20-734
HB0359_X(2): 19-20-734
HB0359_X(3): 19-20-734
HB0359_X(4): 19-20-734
HB0359_X(5): 19-20-734
HB0359_X: 19-20-734