19-3-320. Supplemental state contribution — appropriation
19-3-320. Supplemental state contribution — appropriation. (1) (a) For the fiscal year beginning July 1, 2017, the state shall contribute $31.386 million and for the fiscal year beginning July 1, 2018, the state shall contribute $31.958 million from the general fund to the public employees’ retirement system pension trust as a supplemental contribution to the public employees’ […]
19-3-309. through 19-3-314 reserved
19-3-309 through 19-3-314 reserved.
19-3-315. Member’s contribution to be deducted
19-3-315. Member’s contribution to be deducted. (1) (a) Except as provided in subsection (2), each member’s contribution is 7.9% of the member’s compensation. (b) The board shall annually review the required contributions and recommend future adjustments to the legislature as needed to maintain the amortization schedule set by the board for the payment of the system’s unfunded liability. […]
19-3-316. Employer contribution rates
19-3-316. Employer contribution rates. (1) Each employer shall contribute to the system. Except as provided in subsection (2), the employer shall pay as employer contributions 6.9% of the compensation paid to all of the employer’s employees plus any additional contribution under subsection (3), except for those employees properly excluded from membership. Of employer contributions made under […]
19-3-317. State employer to include costs in budget
19-3-317. State employer to include costs in budget. Every state employer shall include in its budget and request for legislative appropriations an amount necessary to defray the state’s part of the costs of this chapter for its employees to the end that the legislature may make definite appropriation for the cost incurred by each employer the […]
19-3-318. Credit of contributions made after member becomes inactive
19-3-318. Credit of contributions made after member becomes inactive. Contributions made on the basis of compensation earned by members after they are considered to be inactive members, as provided in 19-3-403(4), must be credited to the employer. History: En. Sec. 68-1602 by Sec. 6, Ch. 323, L. 1973; amd. Sec. 1, Ch. 374, L. 1974; amd. Sec. […]
19-3-319. State contributions for local government and school district employers
19-3-319. State contributions for local government and school district employers. (1) The state shall contribute monthly from the general fund to the pension trust fund a sum equal to 0.1% of the compensation paid to all employees of local government entities and school districts on and after July 1, 1997, except those employees properly excluded from […]
19-3-305. Renumbered 19-2-405
19-3-305. Renumbered 19-2-405. Sec. 238, Ch. 265, L. 1993.
19-3-306. Renumbered 19-2-407
19-3-306. Renumbered 19-2-407. Sec. 238, Ch. 265, L. 1993.
19-3-307. Repealed
19-3-307. Repealed. Sec. 236, Ch. 265, L. 1993. History: En. 68-2512 by Sec. 60, Ch. 323, L. 1973; amd. Sec. 4, Ch. 132, L. 1977; R.C.M. 1947, 68-2512.