Public employees and officers: compensation and benefits; severance pay for executive and legislative branch employees and officers; limit, and require reporting if greater than a certain amount. Creates new act.

Summary

The State Employment Contract Regulation Act caps severance for executive and legislative branch employees at 12 weeks of regular wages, bans contracts that hide violations or the contract itself, and forces public posting of contracts with severance of six weeks or more. Exceptions are allowed only with approval from the attorney general or the employing body’s legal counsel and must include a release of claims. The law applies to any contract entered into after its effective date.

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