SB 578 Summary

• Adds a new category allowing retired employees to work as investigators for the Department of the Attorney General without losing retirement benefits or re-enrolling in the Employees' Retirement System.

• Requires investigators to be in positions identified by the Attorney General as labor shortage or difficult-to-fill positions, and retirants must not have been employed by the state or county in the 12 months before rehiring.

• Prohibits pre-retirement agreements between retirants and the state or county for return to work after retirement.

• Requires the Department of the Attorney General to contribute the required percentage of the rehired investigator's compensation to the pension accumulation fund to amortize unfunded actuarial liabilities.

• Mandates annual reporting to the legislature on retirant employment, including the number and positions of retirants rehired as investigators.