19-20-810. Termination of employment -- retired member status -- certification of termination date.
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/mt/title-19/chapter-20/part-8/19-20-810·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
19-20-810 . Termination of employment -- retired member status -- certification of termination date.
(1)A member shall terminate employment in all positions reportable to the retirement system to be eligible for service retirement under 19-20-801 , early retirement under 19-20-802 , disability retirement under 19-20-901 , or withdrawal under 19-20-603 .
(2)Except as provided in subsections
(3)and (4), a member has terminated employment in a position reportable to the retirement system when the employment relationship with the employer has been fully and completely severed and all, if any, payments due upon termination of employment, including but not limited to payment of accrued sick and annual leave balances, have been paid to the member.
(a)A member who has not attained normal retirement age has not terminated employment in a position reportable to the retirement system if the member and the employer have a prearranged agreement for postretirement service.
(b)For purposes of this subsection (3), a "prearranged agreement for postretirement service" means an oral or written agreement between a member and an employer made before the member attains retired member status for the member to provide service or perform work, in any capacity, on behalf of the employer in the future.
(4)A member has not terminated employment in a position reportable to the retirement system if the member provides any service or performs any work, in any capacity, on behalf of the employer after the certified date of termination but prior to attaining retired member status.
(5)A member must be in retired member status before the member is eligible to be employed as a working retiree pursuant to 19-20-731 . Service provided by a member in a position reportable to the retirement system before the member attains retired member status is service provided as an active member, and the member shall terminate from the position to be eligible for retirement benefits.
(a)A member attains retired member status when the member has terminated employment in all positions reportable to the retirement system and has actually received at least one monthly retirement benefit payment.
(b)A retired member who returns to active member status for any reason ceases to be in retired member status until the member again applies for a retirement benefit and actually receives at least one monthly retirement benefit payment.
(a)Unless waived by the board, the member and the employer for each position from which the member is terminating or has terminated shall certify on a form provided by the retirement system the member's date of termination and whether there is a prearranged agreement for postretirement service.
(b)The certification obligation of the member and the employer is ongoing and must be immediately updated if the information previously provided was in error or has changed.