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The Public Employees Retirement Law Analysis

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Running head: The Public Employees' Retirement Law 1

The Public Employees' Retirement Law

Institutional Affiliation

Students Name

Date

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The Public Employees' Retirement Law 2

The Public Employees' Retirement Law

The Public Employees' Retirement Law, this bill was proposed to create a retirement

system for all employees. Such that all its members would get multiple benefits from it,

including pension and other services that would serve one's benefits after retirement. These bills

generally implied multiple limiting features that affect retired employee benefits. The bill also

tried to limit the services one gets after retirement with limited reinstatement in the applicable

retirement system. This bill carried assembly bill number 672 Monahan (2015). This bill was

mainly created to make changes to the existing employee retirement bills. It seeks to limit

currently available retirement bills for public employees and enacting new changes necessary in

the currently adopted system.

The primary implication of the bill was mainly to benefit the employees upon retirement.

Also, ensure that their benefits are maximized in the system. For instance, the bill allowed a

retired person to get re-employed by a new employee without the need for reinstatement

provided that the person meets the minimum system requirements for employment. For instance,

the person should be below the mandatory retirement age.

Some of its tertiary concerns included the definition of some basic pension requirements

that one should meet for them to be authorized to avail of pension Aubry, & Crawford, (2017).

Such definitions stated that for one to be eligible to avail pension, one must have been in service

for ten years and above. Also, one is required to have attained the age of 58 years and above,

which is the minimum eligible age of attainment

These bill, if passed, will have minimal impact on the current employment laws as it

primarily works to bring an improvement on the employees' life after retirement by giving them

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Running head: The Public Employees' Retirement Law The Public Employees' Retirement Law Institutional Affiliation Students Name Date 1 The Public Employees' Retirement Law 2 The Public Employees' Retirement Law The Public Employees' Retirement Law, this bill was proposed to create a retirement system for all employees. Such that all its members would get multiple benefits from it, including pension and other services that would serve one's benefits after retirement. These bills generally implied multiple limiting features that affect retired employee benefits. The bill also tried to limit the services one gets after retirement with limited reinstatement in the applicable retirement system. This bill carried assembly bill number 672 Monahan (2015). This bill was mainly created to make changes to the existing employee retirement bills. It seeks to limit currently available retirement bills for public employees and enacting new changes necessary in the currently adopted system. The primary implication of the bill was mainly to benefit the employees upon retirement. Also, ensure that their benefits are maximized in the system. For instance, the bill allowed a retired person to ge ...
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Tags: Public Employees Retirement Law assembly bill number 672 Monahan retirement bills for public employees mandatory retirement age