Revises the definition of "eligible position" for purposes of the public employees' retirement system.

Requires retirement system employers to: (1) Elicit on a written form, from all new employees to an eligible position, as to their having been retired from a certain retirement system; and

(2) Report a retiree in their employ in an eligible position to the department of retirement systems, and if a retiree in an eligible position works in excess of postretirement employment restrictions and the employer failed to report the employment of the retiree, that employer is liable for the loss to the trust fund.