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MT HB358
Bill
Status
Passed
5/5/2025
Primary Sponsor
Shelly Fyant
Click for details
AI Summary
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Increases the full monthly pension benefit for eligible volunteer firefighters from $175 to $200 per month
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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
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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
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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