Montana State Legislature
SJ 4
SJ 4: Interim Study of Montana's Public Employee Retirement Systems and Teachers' Retirement System
Legislative Council assigned the Senate Joint Resolution No. 4 study to the State Administration & Veterans' Affairs Interim Committee. The study ranked second among the polled studies.
Legislative Fiscal Committee Members:
Senator Tom McGillvray
Representative Terry Moore
Representative Eric Matthews
Representative Jim Hamilton
Final Reports
Background Materials and Resources
October 24, 2024
- Agenda
- Draft SJ 4 Final Report
- Draft 2024 Legislator's Guide
- Draft 2024 Historical Overview
- Equable Institute Presentation: State of Pensions 2024 (pages 1-6)
- PERS and TRS Stress Test Presentation
September 5, 2024
- SJ 4 Study Plan (Updated August 2024)
- Draft SJ 4 Final Report
- Draft 2024 Legislator's Guide to Montana's Public Employee Retirement Systems
July 31, 2024
- SJ 4 Study Plan (Updated July 2024)
- FY23 Green Sheets
- Pew Memo - Pension System Risk Management
- Draft 2024 Legislator's Guide to Montana's Public Employee Retirement Systems (Updated July 2024)
- MPERA Information Request - FY24 PERS-DC Plan Withdrawals
- MPERA Information Request - Accrued Liability by GABA by Tier
May 23, 2024
- Agenda
- SJ 4 Study Plan (Updated March 2024)
- FY23 Green Sheets
- Pew Presentation - "State Pension Practices and Considerations for Montana"
- BOI Data Request: Montana Rate of Return and Asset Allocation History
- NASRA Issue Brief: Public Pension Plan Investment Return Assumptions
- NIRS Report - "No Quick Fix: Closing a Public Pension Plan Leads to Unexpected Challenges"
- NIRS Presentation - "A Look at the Outcomes of Closing a Public Pension Plan"
- Brief History of the MUS-RP and MUS Supplemental Contributions to TRS
- MUS-ORP: Report on the History and Operation (May 2006)
- SB 25 (2023)
- SB 25 (2023) Fiscal Note
- MPERA Info Request - DC Balances by Years of Service
- TRS Survey Results
- Staff Memo: National Data re. Pensions/Public Service Recruitment & Retention
- Staff Memo: Updating the 2024 Legislator's Guide
- Draft 2024 Legislator's Guide to Montana's Public Employee Retirement Systems
March 14-15, 2024
- Revised SJ 4 Study Plan- Updated January 2024
- SJ 4 Study Resolution
- FY23 Green Sheets
- NASRA Infographic
- Research Request - Appropriations History FY02-FY23
- Research Request - Contribution Rates in Other States
- Cheiron Retirement System Overview for Legislators
- Pew Presentation: State Pension Funding and Models for Success - Updated March 12, 2024
- Pew Infographic: Montana Pension Sustainability Fact Sheet (Draft)
January 25, 2024
- SJ 4 Study Resolution
- Fiscal Year 2023 Green Sheets
- PERS and TRS Data 2000-2023
- PERS Data Spreadsheet
- TRS Data Spreadsheet
- Brief History of Montana Pension Plans
- Senate Bill 29 (2023)
- PERS and TRS Contribution History
- NASRA Brief - State and Local Government Spending
- NASRA Brief - Employee Contributions
- NASRA Public Fund Survey
- NASRA - Appendix A
- NASRA - Appendix B
- SJ 4 Committee Feedback Summary
- Updated SJ 4 Study Plan
- BOI Presentation: Historical Look at PERS and TRS Assumed Rate of Return & Actual Performance
- MPERA HB 454 Summary
- TRS Handout
November 8-9, 2023
- Draft SJ 4 Study Plan
- SJ 4 Study Resolution
- FY23 Green Sheets
- Dashboard of Pension Systems Data (FY17-23)
2022
