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 with an employer but do not qualify as an employee within that timeframe. The bill also removes 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 imposed a sixty-day waiting period during which reemployed retirees could not receive retirement benefits. This change aims to provide greater flexibility for retirees seeking reemployment while ensuring that the retirement system remains sustainable. Overall, the bill seeks to balance the needs of retirees with the operational requirements of the Municipal Police Employees' Retirement System.

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)