Montana State Employee Retirement Bill (2014)
| Not on Ballot |
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| This measure was not put on an election ballot |
The Montana State Employee Retirement Bill was not on the November 4, 2014 ballot in Montana as a legislatively referred state statute. The measure would have placed all state employees on 401(k) retirement plans. Currently, state employees receive pensions, called Defined Benefit Plans, which the proposal would have done away with and replaced them with Defined Contribution Plans. The measure would have only applied to future employees.[1]
Path to the ballot
A simple majority was required in both chambers to pass the legislatively referred state statute onto the ballot.
See also
Footnotes
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State of Montana Helena (capital) |
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