Utah § 49-11-1302 Phased retirement -- Voluntary participation -- Employer duties.

Utah Statutes

§ 49-11-1302 — Phased retirement -- Voluntary participation -- Employer duties.

Utah·Title 49 Utah State Retirement and Insurance Benefit Act·Ch. 49-11 Utah State Retirement Systems Administration·Part 49-11-13 Phased Retirement

A participating employer may elect to participate in phased retirement for a retiree who has not completed the one-year employment separation requirement under Section 49-11-1204 under the conditions established under this part, if the participating employer:

(1)establishes written policies and procedures for phased retirement that shall include provisions for:

(1)(a) granting and denying a request for phased retirement;

(1)(b) needed approvals within the participating employer;

(1)(c) time limits or other restrictions;

(1)(d) identifying positions that may be included or excluded; and

(1)(e) the elements of a written agreement described under Section 49-11-1304;

(2)enters into an agreement described under Section 49-11-1304;

(3)submits an application to the office for phased retiremen

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A participating employer may elect to participate in phased retirement for a retiree who has not completed the one-year employment separation requirement under Section 49-11-1204 under the conditions established under this part, if the participating employer:
(1) establishes written policies and procedures for phased retirement that shall include provisions for:

(1)(a) granting and denying a request for phased retirement;
(1)(b) needed approvals within the participating employer;
(1)(c) time limits or other restrictions;
(1)(d) identifying positions that may be included or excluded; and
(1)(e) the elements of a written agreement described under Section 49-11-1304;
(2) enters into an agreement described under Section 49-11-1304;
(3) submits an application to the office for phased retirement on behalf of the parties of the agreement described under Section 49-11-1304; and
(4) complies with this part.

Utah § 49-11-1302 (Phased retirement -- Voluntary participation -- Employer duties.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.