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Bill

Bill

S 6184

Relates to the rights, benefits and privileges that members of a retirement system who retire from such system and later rejoin such retirement system

2025 Regular Session Introduced by Kevin Parker

Bill S 6184 ensures that retirement system members who retire and rejoin retain their benefits, promoting fairness and clarity in their retirement entitlements.

REPORTED AND COMMITTED TO FINANCE
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WeVote Research Nonpartisan
Bill Summary · S 6184

Summary of Bill S 6184

Bill Information

  • Bill Number: S 6184
  • Title: Relates to the rights, benefits, and privileges that members of a retirement system who retire from such system and later rejoin such retirement system
  • Status: Reported and Committed to Finance
  • Introduced: March 06, 2025
  • Classification: Bill

Purpose and Intent

Bill S 6184 aims to clarify and enhance the rights, benefits, and privileges of members of a retirement system who choose to retire and subsequently rejoin the same retirement system. The bill seeks to address potential gaps in benefits and ensure that returning members are treated fairly regarding their retirement entitlements.

Key Provisions

  • Reinstatement of Benefits: The bill proposes that members who retire and later rejoin the retirement system will have their prior service credited towards their benefits, ensuring they do not lose any accrued rights.
  • Clarification of Rights: It aims to explicitly outline the rights of returning members, including how their retirement benefits will be calculated upon rejoining the system.
  • Eligibility Criteria: The bill may establish specific criteria that returning members must meet to qualify for the reinstatement of benefits, although the exact criteria are not detailed in the current version.

Who Would Be Affected

  • Retirement System Members: Current and future members of the retirement system who retire and later decide to return will be directly impacted by this legislation.
  • Pension Administrators: Those responsible for managing retirement benefits will need to adjust their policies and procedures to comply with the new provisions outlined in the bill.

Procedural and Timeline Aspects

  • Legislative Actions:
    • March 06, 2025: The bill was introduced and referred to the Committee on Civil Service and Pensions.
    • May 27, 2025: The bill was reported out of committee and committed to the Finance Committee for further consideration.

Related Bills

  • S 8450: A related bill from the prior session that may address similar issues regarding retirement benefits.
  • A 5005: A companion bill in the Assembly that aligns with the objectives of S 6184.

Conclusion

Bill S 6184 represents an important step toward ensuring that members of retirement systems are not disadvantaged when they choose to retire and later rejoin. By clarifying the rights and benefits of these individuals, the bill aims to promote fairness and transparency within the retirement system. As it moves through the legislative process, further details and provisions may be refined to enhance its effectiveness.

Compiled from official sources — confirm details with the bill’s official record.

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