The proposed bill would amend current statutes to allow part-time municipal police officers, state highway patrol officers, and county sheriffs and deputies to participate in the Public Safety Personnel Retirement System (PSPRS) starting July 1, 2026, contingent upon employer inclusion. It introduces new definitions and eligibility criteria for part-time employees, allowing those with at least three years of credited service and a minimum of twenty hours of work per week to join the system. Additionally, it exempts school resource officers from existing pension payment limitations after retirement and reemployment, while also clarifying that part-time employees cannot perform off-duty work.

Key updates include the definition of a "PSPRS member" to include part-time employees meeting specific criteria, and the stipulation that part-time employees must have a written agreement with their employer regarding their part-time status due to qualifying events. The bill also modifies provisions related to disability pensions, ensuring that average monthly benefit compensation excludes part-time earnings for disability calculations, and it details the funding process for the retiree pool account to maintain its financial integrity. Overall, the bill aims to enhance the retirement system's inclusivity for part-time public safety employees while safeguarding the pension fund's stability.

Statutes affected:
Introduced Version: 38-842, 38-865, 38-865.01, 38-867.02, 38-846.01, 38-843, 38-844.01, 48-803, 48-804, 48-805.01, 28-8423, 28-8424, 28-8426, 9-951, 9-973, 9-911, 9-934, 38-848, 38-881, 38-842.01, 38-881.01, 38-843.04, 38-895.01
Senate Engrossed Version: 38-842, 38-842.03, 38-845, 38-845.03, 38-846.01, 38-865, 38-865.01, 38-867.02, 38-843, 38-844.01, 48-803, 48-804, 48-805.01, 28-8423, 28-8424, 28-8426, 9-951, 9-973, 9-911, 9-934, 38-846, 38-856.05, 38-857, 38-848, 38-881, 38-842.01, 38-881.01, 38-843.04, 38-895.01
House Engrossed Version: 38-842, 38-842.03, 38-845, 38-845.03, 38-846.01, 38-846.05, 38-849, 38-865, 38-865.01, 38-867.02, 38-843, 38-844.01, 48-803, 48-804, 48-805.01, 28-8423, 28-8424, 28-8426, 9-951, 9-973, 9-911, 9-934, 38-846, 38-856.05, 38-857, 38-844, 13-713, 38-846.02, 38-843.05, 38-850, 44-1201, 38-848, 38-881, 38-842.01, 38-881.01, 38-843.04, 38-895.01
Chaptered Version: 38-842, 38-842.03, 38-845, 38-845.03, 38-846.01, 38-846.05, 38-849, 38-865, 38-865.01, 38-867.02, 38-843, 38-844.01, 48-803, 48-804, 48-805.01, 28-8423, 28-8424, 28-8426, 9-951, 9-973, 9-911, 9-934, 38-846, 38-856.05, 38-857, 38-844, 13-713, 38-846.02, 38-843.05, 38-850, 44-1201, 38-848, 38-881, 38-842.01, 38-881.01, 38-843.04, 38-895.01