This bill aims to make permanent certain provisions of P.L.2021, c.498, which allows retired members of the Public Employees Retirement System (PERS) who were previously employed by the Legislature to return to work under specific conditions. The current law permits these retirees to return to employment without canceling their retirement or reenrolling in the system, provided they meet certain criteria, including a minimum waiting period after retirement, reaching the applicable service retirement age, and working no more than 20 hours per week as part-time employees. Notably, the law does not apply to former members of the Legislature.
The proposed amendments include the deletion of the limitation on the term of return to employment, allowing retirees who previously returned under the current law to extend their employment indefinitely. This change is significant as it removes the previous restriction of a maximum four-year term for reemployment. The bill will take effect immediately upon passage, ensuring that these provisions can be utilized without delay.