RELATING TO RETIRANTS.
What changed between versions
The effective date of the Act was changed from immediate approval to January 1, 2077, with a repeal scheduled for June 30, 2031.
The requirement for a retirant to be unemployed before reemployment was extended from six calendar months to twelve calendar months.
A new condition was added stating that no agreement for return-to-work employment existed before the retirant retired.
The exclusion of employee-beneficiaries from health benefits plans during their employment was limited to those hired after June 30, 2026.
The contribution requirement for employers was clarified to specify contributions to the pension accumulation fund for rehired retirants.
Various formatting changes were made to the bill text, including the addition of bracketed placeholders for 'National Guard' and removal of specific position listings.