49-11-1302. Phased retirement -- Voluntary participation -- Employer duties.
176 words·~1 min read·
/ut/title-49/chapter-11/49-11-1302A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Effective 1/1/2017
49-11-1302. Phased retirement -- Voluntary participation -- Employer duties.
A participating employer may elect to participate in phased retirement for a retiree who has not completed the one-year employment separation requirement under Section 49-11-1204 under the conditions established under this part, if the participating employer:
(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.
Enacted by Chapter 280 , 2016 General Session
Amended by Chapter 310 , 2016 General Session, (Coordination Clause)
Technically renumbered to avoid duplication of section number also enacted in HB51, Chapter 310.