Phased retirement -- Voluntary participation -- Employer duties.
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Law
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Utah Code
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Utah State Retirement and Insurance Benefit Act
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Utah State Retirement Systems Administration
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Phased Retirement
- Phased retirement -- Voluntary participation -- Employer duties.
Affected by 63I-1-249 on 1/1/2025
Effective 1/1/201749-11-1302. Phased retirement -- Voluntary participation -- Employer duties. - (1) establishes written policies and procedures for phased retirement that shall include provisions for:
- (a) granting and denying a request for phased retirement;
- (b) needed approvals within the participating employer;
- (c) time limits or other restrictions;
- (d) identifying positions that may be included or excluded; and
- (e) the elements of a written agreement described under Section 49-11-1304;
- (2) enters into an agreement described under Section 49-11-1304;
- (3) submits an application to the office for phased retirement on behalf of the parties of the agreement described under Section 49-11-1304; and
- (4) complies with this part.
Technically renumbered to avoid duplication of section number also enacted in HB51, Chapter 310.
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