Bill > SB0025

This bill modifies provisions related to public employee retirement and benefits by introducing a definition for "bona fide termination of employment," which means a complete separation from employment and any fee-for-service relationships with a participating employer without any prior agreement for future employment or service. It also expands the Membership Council, which advises on retirement benefits and policies, from 15 to 18 members, adding specific representatives for the Director of Human Resource Management, local school board members, district superintendents, and education support professionals. Additionally, the bill clarifies rules regarding the transfer of service credit, particularly concerning Tier II retirement plans, and expands the list of individuals eligible to transfer their defined benefit balance to a defined contribution plan, including the Attorney General and their direct reports. It also refines the appeals process for retirement disputes and clarifies that members or retirees cannot permanently relinquish benefits, though designated beneficiaries can disclaim them. Finally, the bill updates the definition of "bona fide termination of employment" in certain sections and modifies the eligibility requirements for receiving retirement allowances by replacing the phrase "ceases actual work for every participating employer that employs the member" with "has a bona fide termination of employment."

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https://le.utah.gov/~2026/bills/static/SB0025.html