Section 49-11-1307 - Phased retirement - Adjustments or termination(1) The Legislature may make adjustments to or terminate the phased retirement option created under this part, including: (a) amending phased retirement eligibility, restrictions, scope, or duration provisions;(b) closing phased retirement to additional retirees; or(c) terminating phased retirement for all participating retirees.(2) A participating employer and retiree enter into a phased retirement agreement subject to the adjustments or termination reserved in this section.Amended by Chapter 310, 2016 General Session ,§ 24, eff. 5/10/2016.Added by Chapter 280, 2016 General Session ,§ 8, eff. 1/1/2017.Affected by 63I-1-249 on 1/1/2025
Technically renumbered to avoid duplication of section number also enacted in HB51, Chapter 310.