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MT HB358

Bill

Status

Passed

5/5/2025

Primary Sponsor

Shelly Fyant

Click for details

Origin

House of Representatives

2025 Regular Session

AI Summary

  • Increases the full monthly pension benefit for eligible volunteer firefighters from $175 to $200 per month

  • Maintains the existing $7.50 per month increase for each additional year of active service beyond 20 years, up to 30 total years of service

  • Preserves the conditional benefit increase of $7.50 per month for service beyond 30 years, contingent on the pension trust fund remaining actuarially sound with unfunded liability amortization at 20 years or less

  • Effective July 1, 2025

Legislative Description

Generally revise pension laws related to the Volunteer Firefighters' Compensation Act

Retirement

Last Action

Chapter Number Assigned

5/8/2025

Committee Referrals

Finance and Claims4/10/2025
State Administration3/3/2025
Appropriations2/18/2025
State Administration1/31/2025

Full Bill Text

No bill text available