Section 1305 – Reporting — Penalties.
Affected by 63I-1-249 on 1/1/2025 Effective 1/1/2017 49-11-1305. Reporting — Penalties. (1) (a) A participating employer shall, within five business days, notify the office if the participating employer enters a phased retirement agreement with a retiree. (b) A participating employer shall report to the office any change in status of the phased retirement in accordance […]
Section 1306 – Reset of one year separation.
Affected by 63I-1-249 on 1/1/2025 Effective 1/1/2021 49-11-1306. Reset of one year separation. If a retiree is employed under a phased retirement agreement under this part, the termination date of the phased retirement employment, as confirmed in writing by the participating employer, is considered the retiree’s retirement date for the purpose of calculating the separation […]
Section 1307 – Phased retirement — Adjustments or termination.
Affected by 63I-1-249 on 1/1/2025 Effective 1/1/2017 49-11-1307. Phased retirement — Adjustments or termination. (1) The Legislature may make adjustments to or terminate the phased retirement option created under this part, including: (a) amending phased retirement eligibility, restrictions, scope, or duration provisions; (b) closing phased retirement to additional retirees; or (c) terminating phased retirement for […]
Section 1308 – Rulemaking.
Affected by 63I-1-249 on 1/1/2025 Effective 1/1/2017 49-11-1308. Rulemaking. The board may make rules to implement this part. Enacted by Chapter 280, 2016 General Session Technically renumbered to avoid duplication of section number also enacted in HB51, Chapter 310.
Section 1302 – Phased retirement — Voluntary participation — Employer duties.
Affected by 63I-1-249 on 1/1/2025 Effective 1/1/2017 49-11-1302. Phased retirement — Voluntary participation — Employer duties. A participating employer may elect to participate in phased retirement for a retiree who has not completed the one-year employment separation requirement under Section 49-11-1204 under the conditions established under this part, if the participating employer: (1) establishes written […]
Section 1303 – Phased retirement — Eligibility — Restrictions — Amortization rate — Public safety service or firefighter service employees.
Affected by 63I-1-249 on 1/1/2025 Effective 7/1/2021 49-11-1303. Phased retirement — Eligibility — Restrictions — Amortization rate — Public safety service or firefighter service employees. (1) A retiree is eligible for employment with only one position for only one participating employer under phased retirement following the retiree’s retirement date if: (a) the retiree: (i) is […]
Section 1304 – Phased retirement agreements.
Affected by 63I-1-249 on 1/1/2025 Effective 1/1/2017 49-11-1304. Phased retirement agreements. (1) The participating employer and a willing and eligible retiree shall enter into a written agreement to participate in phased retirement. (2) The agreement shall specify the period of the phased retirement and, at the discretion of the agreeing parties, address: (a) hours of […]