Bill No.: SF0147                  Drafter:  JHR

 

LSO No.:  05LSO-0530              Effective Date:  2/24/2005

 

Enrolled Act No.:  SEA0038

 

Chapter No.:       113

 

Prime Sponsor:     Senator Job

 

Catch Title:       State employee retirement.

 

Subject:  Requires a state retiree who is rehired in any capacity by a participating employer to notify the retirement board and elect participation as specified.

 

 

Summary/Major Elements:

·        Under current law, a state retiree who is rehired on a permanent, full-time capacity by an employer who participates in the state retirement system is required to notify the retirement board of his election either to be reinstated as a contributing member of the system and cease retirement benefits, or to continue to receive his retirement benefit and not be reinstated as a contributing member.

 

·        This bill requires a retired member who is rehired in any capacity by an employer who participates in the state retirement system to notify the retirement board of his election to be reinstated as a contributing member to the retirement system or to continue receiving his retirement benefits.