PERSI – Amends existing law to revise provisions regarding qualified pre-tax contributions and investment earnings and certain qualified Roth contributions and investment earnings.

Idaho's H 543 amends the state's public employee retirement system to revise rules for voluntary tax-deferred savings plans. It allows active Idaho state employees to make pre-tax or Roth contributions through payroll deductions, separate from their main retirement benefits. Key provisions clarify contribution limits across multiple plans, require employer coordination to avoid exceeding federal limits, and specify that these supplemental savings do not count toward regular retirement benefit calculations. The bill affects all active state employees eligible for the supplemental retirement plan.