SB 24-099 CO

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Became Law

Current law limits the duration of employment a public employees' retirement association (PERA) service retiree can work for a PERA employer without a reduction in PERA retirement benefits. Under certain circumstances, a rural school district may hire a service retiree who is a teacher, a school bus driver, a school food services cook, a school nurse, or a qualified paraprofessional without the service retiree receiving a deduction in benefits for any length of employment in the calender year. The act adds superintendents and principals to the list of service retirees hired by a rural school district who may be employed without a reduction in benefits and clarifies that the exemption for a rural school district also includes a small rural school district which has a funded pupil count for the prior budget year of less than 1,000 pupils. The act also requires PERA, on or before December 1, 2025, and on or before December 1 of each 5th year thereafter, to submit a report to the finance and education committees of the house of representatives and the senate or any successor committees regarding certain employment after service retirement allowances. The report must include: The number of service retirees under certain allowances who have been employed after service retirement as of the date of the report; The extent to which certain employment after service retirement allowances have helped employers in the school division address shortages; The costs, if any, to PERA as a result of certain employment after service retirement allowances; and Any other information deemed relevant by PERA. APPROVED by Governor April 11, 2024 EFFECTIVE August 7, 2024(Note: This summary applies to this bill as enacted.)

• Rod Pelton Republican · primary
• Janice Marchman Democratic · primary
• Ty Winter Republican · primary
• Barbara McLachlan · primary

1. Apr 12, 2024 Governor Signed · executive
2. Apr 4, 2024 Sent to the Governor · executive
3. Apr 4, 2024 Signed by the Speaker of the House · lower
4. Apr 4, 2024 Signed by the President of the Senate · upper
5. Mar 26, 2024 Senate Considered House Amendments - Result was to Concur - Repass · upper
6. Mar 25, 2024 House Third Reading Passed - No Amendments · lower
7. Mar 22, 2024 House Second Reading Special Order - Passed with Amendments - Committee · lower
8. Mar 21, 2024 House Second Reading Laid Over Daily - No Amendments · lower
9. Mar 18, 2024 House Committee on Education Refer Amended to House Committee of the Whole · lower
10. Feb 16, 2024 Introduced In House - Assigned to Education · lower
11. Feb 16, 2024 Senate Third Reading Passed - No Amendments · upper
12. Feb 15, 2024 Senate Second Reading Passed with Amendments - Committee, Floor · upper
13. Feb 12, 2024 Senate Committee on Education Refer Amended to Senate Committee of the Whole · upper
14. Jan 24, 2024 Introduced In Senate - Assigned to Education · upper