Modifies provisions relating to working after retirement for certain local governments
Second Read and Referred S Local Government, Elections and Pensions Committee
Summary
The bill changes state rules so that a retiree who returns to work for a city with fewer than 25,000 residents can continue receiving their LAGERS retirement allowance, as long as they do not make new contributions and are paid a salary comparable to other employees. It also sets contribution and benefit rules for any retiree re‑hired by a local government. The change is meant to give municipalities more flexibility to rehire experienced workers without cutting their pensions.
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