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Committee hears PERA technical changes to conform to federal law and clarify retirement rules
Summary
House Bill 62 packages administrative and technical fixes for Montana public retirement plans — including RMD age alignment with the SECURE Act 2.0, clarifying pensionable compensation definitions, renunciation rules and working‑retiree exceptions for subpoenaed witnesses. The Public Employees' Retirement Administration said changes are routine
Representative Julie Darling presented House Bill 62 on behalf of the Public Employees' Retirement Board. The bill packages a set of statutory clarifications and updates the retirement board staff identified as necessary to maintain plan qualification and operational clarity.
William Holohan, executive director of the Public Employees' Retirement Administration (PERA), summarized key sections:…
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