Changing the limits on postretirement employment for teachers' retirement system plan 1 and public employees' retirement system plan 1 retirees. (REVISED FOR ENGROSSED: Changing postretirement employment restrictions for teachers' retirement system, public employees' retirement system, and school employees' retirement system retirees.)
Summary
$ Allows members of Public Employees Retirement System plan 1 and Teachers Retirement System plan 1 to return to work with an option of either working 867 hours with a full pension, or working 1,500 hours with a 90 percent pension.
From the Substitute House Bill Report (SSB 5937), written by the Legislature's nonpartisan staff. Read the full report ↗
Enacted (partial veto)Enacted with partial veto · Chapter 10, Laws of 2001, 2nd Special Session
AN ACT Relating to postretirement employment for teachers' retirement system, public employees' retirement system, and school employees' retirement system retirees;