House of Representatives HB 2007 CORP; return to work Sponsor: Representative Konopnicki XCommittee on Public Employees Retirement and Entitlement Reform Caucus and COW House Engrossed HB 2007 allows a retired member to return to work while still receiving a pension so long as the member returns at least 12 months after retirement and returns in a position involving substantial direct inmate contact. History Created by the legislature in 1986, the Corrections Officer Retirement Planís (CORP) is one of three plans administered by the Public Safety Personnel Retirement System (PSPRS). It is designed to meet the special needs of personnel engaged in the prison environment. Normal retirement commences after the member completes 20 years of service, the member attains age 62 with 10 or more years of service or the sum of the memberís age and years of credited service equals at least 80 points. The monthly pension amount is determined by years of credited service multiplied by a factor of 2.5 percent multiplied by the average monthly salary. The legislature passed HB 2482 in 2006, which allowed retired CORP members to return to work in designated positions while still drawing their pensions so long as the employment occurred at least 90 days after retirement and involved substantial direct inmate contact. Those members were also prohibited from contributing to the fund and from accruing credited service. However, that provision was repealed on June 30, 2008. This bill will allow those members to continue working. Provisions ∑ Permits a retired member to be employed by an employer in a designated position while continuing to receive a pension if the employment occurs at least 12 months after retirement and if the employment involves substantial direct inmate contact. ∑ Prohibits the member from contributing to the fund and accruing credited service. ∑ Allows members who retired under a 2006 return to work window to continue working in a designated position under that law. ---------- DOCUMENT FOOTER --------- Forty-ninth Legislature First Regular Session 2 January 16, 2009 ---------- DOCUMENT FOOTER ---------