The bill amends existing laws regarding postretirement employment for retirees in nursing positions within state agencies. It introduces a provision that allows retirees who have satisfied the break in employment requirement to work as licensed nurses for a state agency while continuing to receive their pension payments, provided they do not exceed 1,040 hours of service in a calendar year. This provision is effective from the date of the bill until July 1, 2026. Additionally, the bill maintains the existing rules that reduce retirement benefits for retirees who return to work sooner than one month after their accrual date.

Furthermore, the bill clarifies that retirees can work up to 867 hours per year in various eligible positions without suspending their benefits, while also detailing the conditions under which retirees can reestablish membership and the implications for their retirement benefits. The legislation emphasizes the importance of this act for the immediate preservation of public peace, health, or safety, and it takes effect immediately upon approval.

Statutes affected:
Original Bill: 41.37.050, 41.40.037
Substitute Bill: 41.37.050, 41.40.037
Bill as Passed Legislature: 41.37.050, 41.40.037
Session Law: 41.37.050, 41.40.037