An Act enabling employees on unpaid parental leave to purchase creditable service
This bill allows public employees on unpaid parental leave (for birth or adoption) to count that leave time toward their retirement service. Employees who took leave exceeding one month can pay into their retirement fund - either as a lump sum or installments - to make the leave period "creditable" for retirement benefits. The buyback is limited to a maximum of two years of unpaid leave and must be completed before retirement begins. This change directly affects state or local government workers using extended unpaid parental leave.
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1 primary · 0 co-sponsors
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Role
Legislator
Party
State
District
P
Sean Reid
DDemocratic
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