ASRS; retirement; elected officials
What changed between versions
Added a new provision allowing elected officials who reach normal retirement age to retire without terminating their elected position, though they cannot earn service credit or receive long-term disability benefits while retired.
Updated the requirements for retired members returning to work to include a 365-day gap between retirement and returning to employment, with specific exceptions for teachers and elected officials.
Modified employer contribution rules to clarify that alternate contribution rates apply when retired members return to work in positions similar to active employees, with specific definitions for 'contract fee' and 'gross salary'.
Corrected formatting inconsistencies and standardized the text of the statute sections to align with official legislative formatting standards.