Retirement; Retirement Reform Act of 2025; effective date.
What changed between versions
Bill changed from a shell bill with no substantive provisions to a bill that amends existing retirement system statutes.
New definitions were added for key terms including 'System', 'Act', 'Board', 'Executive Director', 'Fund', 'Participating employer', and 'Member'.
Detailed eligibility criteria were added for various categories of law enforcement officers, park rangers, pharmacy inspectors, and school resource officers to participate in the retirement system.
The original effective date of November 1, 2025 was removed and replaced with references to existing statutory amendment processes.
New requirements were established for school resource officers to elect participation within specific timeframes and for certain employees to remain employed until termination or retirement.