FINAL BILL REPORT

SSB 5512

                                  C 384 L 87

BYSenate Committee on Ways & Means (originally sponsored by Senators Gaspard and Johnson; by request of Department of Retirement Systems)

Revising provisions relating to service credit under the public employees retirement system.

Senate Committee on Ways & Means

House Committe on Ways & Means/Appropriations

SYNOPSIS AS ENACTED

BACKGROUND:

In addition to other eligibility criteria, the Public Employees' Retirement System (PERS) provides that a retiree who returns to employment and membership in PERS, Tier I, must work two years before any service credit may be granted.

SUMMARY:

A retiree from PERS who returns to employment and membership in PERS, Tier I, shall be granted service credit immediately if all other eligibility criteria are met.

VOTES ON FINAL PASSAGE:

      Senate    47     0

      House 92   0 (House amended)

      Senate    47     0 (Senate concurred)

EFFECTIVE:July 1, 1987 (Section 1)

            July 1, 1988 (Section 2)