This bill modifies provisions relating to public employee retirement and benefits.
This bill:
- amends the definition of "bona fide termination of employment" for purposes of the Utah State Retirement and Insurance Benefit Act;
- changes the membership of the Membership Council;
- clarifies that service credit in the judges' retirement systems is not transferable to a Tier II retirement system;
- authorizes the attorney general and senior staff in the Office of the Attorney General to elect to transfer the value of certain accrued defined benefits or elect to be exempt from the retirement systems, allowing employer contributions to vest immediately;
- modifies the Utah Retirement Systems staff who may make an appeal ruling, if delegated by the executive director;
- amends provisions regarding permanently relinquishing a defined benefit or defined contribution benefit; and
- makes technical and conforming changes.
Recommended by: Retirement and Independent Entities Interim Committee

Statutes affected:
Introduced: 49-11-102, 49-11-205, 49-11-401, 49-11-406, 49-11-613, 49-11-619, 49-11-802, 49-11-1202, 49-12-203, 49-12-401, 49-13-203, 49-13-401, 49-14-401, 49-15-401, 49-16-401, 49-17-401, 49-18-401, 49-22-205, 49-22-304, 49-23-303