Staff Analysis of the Legislation
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SUMMARY: LC 43 0778S
Would require an employer who employs, either directly or indirectly, a TRS retiree, to pay the applicable employee and employer contribution rates. Under the provisions of this bill, the retiree would continue to receive their benefit payment. However, the retiree would not accrue any additional service credit.
EFFECTIVE DATE: July 1, 2018, if passed |