This bill amends Section 59-1356 of the Idaho Code, which pertains to the reemployment of retired members within the Public Employee Retirement System of Idaho (PERSI). Key changes include the addition of provisions allowing retired members who are elected or appointed to an elective public office to continue receiving benefits without accruing additional service, provided they have been retired for more than six months. Additionally, the bill specifies that retired school employees and public safety officers returning to work in their respective fields can also choose to continue receiving benefits without accruing further service. The bill establishes a timeline for certain provisions to expire, specifically stating that some reemployment options will no longer be in effect after June 30, 2026, and June 30, 2027, respectively.

Furthermore, the bill clarifies the responsibilities of employers in reporting the employment of retired members to ensure that benefit payments are appropriately suspended. It also introduces the concept of a "bona fide volunteer," defining the criteria under which retired members can provide services without being classified as reemployed, thus allowing them to retain their retirement benefits. The bill declares an emergency, making it effective on July 1, 2026.

Statutes affected:
Bill Text: 59-1356