This bill amends the Municipal Police Employees' Retirement System by modifying the conditions under which retirees can be reemployed without losing their retirement benefits. Specifically, it changes the suspension period for benefits from twelve months to ninety days for retirees who return to work after retirement. The bill also eliminates a previous provision that allowed for certain exceptions to this rule, thereby streamlining the reemployment process for retirees.

Additionally, the bill repeals the existing provision that mandated a sixty-day waiting period during which reemployed retirees could not receive benefits. This change aims to clarify and simplify the rules surrounding the reemployment of retirees, ensuring that those who return to work within the specified timeframe are aware of the implications for their retirement benefits.

Statutes affected:
HB963 Original: 11:2220(J)(1), 11:2220(J)(4)
HB963 Engrossed: 11:2220(J)(1), 11:2220(J)(4)
HB963 Reengrossed: 11:2220(J)(1), 11:2220(J)(4)
HB963 Enrolled: 11:2220(J)(1), 11:2220(J)(4)
HB963 Act : 11:2220(J)(1), 11:2220(J)(4)