House Bill No. by Representative Illg amends the District Attorneys' Retirement System regulations regarding the reemployment of retirees. The bill stipulates that if a retiree is reemployed by any district attorney or employer in the state, their retirement benefits will be suspended during the period of employment, and they will become an active contributing member of the system again. The retiree has the option to establish service credit for the time worked after reemployment. The supplemental retirement benefit accrued during this reemployment will depend on the duration of employment, with specific calculations based on the retiree's average final compensation.

Additionally, the bill modifies the conditions under which a retiree's benefits are not suspended during reemployment. It allows retirees to be reemployed by any district attorney or employer without suspension of benefits, provided they meet certain criteria, including that their salary must consist exclusively of nonstate funds. The bill also clarifies the definitions of "employer" and "employee" within the context of the retirement system, expanding the scope of who qualifies for these provisions. Overall, the bill aims to provide more flexibility for retirees seeking reemployment while ensuring the integrity of the retirement benefits system.

Statutes affected:
HB17 Original: 11:1631(F)(1)