HB 248 Summary

• Allows employers to rehire retired peace officers under the Public Employees' Retirement System of Alaska under specified conditions.

• Requires retired officers to certify that reemployment was not pre-arranged and to have been retired for at least 60 days (if age 62+) or 6 months (if under 62) before rehiring.

• Mandates employers adopt a rehiring policy, publicly advertise positions for 10 business days, and actively recruit non-retired candidates before hiring retired officers; limits reemployment contracts to 12 consecutive months.

• Allows reemployed retired officers to continue receiving retirement benefits without becoming active members, receiving no credited service, but eligible for employer group health coverage; employers must make pension contributions at 22 percent of reemployed officer salaries.

• Applies to reemployment contracts made on or after the bill's effective date for members receiving benefits under the Public Employees' Retirement System.