Montana HB358 revises pension laws for volunteer firefighters, increasing monthly benefits and adjusting calculations.
Montana HB358 amends the Volunteer Firefighters' Compensation Act to increase monthly pension benefits for eligible members. The full pension benefit is set at $200 per month. Partial pension benefits are calculated based on years of service, with a maximum of 20 years factored in. Members who serve more than 20 years receive an additional $7.50 per month for each additional year, up to 30 years. The changes apply to members who retire after July 1, 2011, and the act is effective July 1, 2025.
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