19-3-316. Employer contribution rates. (1) Each employer shall contribute to the cost of benefits under the system. Except as provided in subsection (2), the amount of the employer contribution as a percentage of the employer's covered payroll is 6.8% beginning July 1, 1997, and increases to 6.9% beginning July 1, 1999.
     (2) Local government and school district employer contributions must be the total employer contribution rate provided in subsection (1) minus the state contribution rate applied to their monthly covered payrolls under 19-3-319. The payment is statutorily appropriated as provided in 17-7-502.

     History: En. 68-2504 by Sec. 52, Ch. 323, L. 1973; amd. Sec. 12, Ch. 128, L. 1975; R.C.M. 1947, 68-2504(part); amd. Sec. 1, Ch. 254, L. 1981; amd. Sec. 3, Ch. 549, L. 1981; amd. Sec. 2, Ch. 663, L. 1983; amd. Sec. 2, Ch. 558, L. 1989; amd. Sec. 53, Ch. 265, L. 1993; Sec. 19-3-801, MCA 1991; redes. 19-3-316 by Code Commissioner, 1993; amd. Sec. 9, Ch. 287, L. 1997.