Effective July 1, 2012, SB 1021 amended the Public Employee Retirement System (PERS) post-retirement limitations most recently revised by AB 1028 in January 1, 2012. SB 1021 affects three Government Code Sections (GC) that address employment after a PERS retirement. These provisions will be superseded by new Government Code Section 7522.56 effective January 1, 2013 as part of AB 340, aka Chapter 296. We will update you on this more comprehensive pension bill soon.
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