It's called double-dipping: The time-honored practice of some police officers who retire from public service, draw a full pension and then go back to work for another police agency all the while earning credit toward a second pension.
It's also a time-honored practice lawmakers want to put a halt to. The House Friday passed HB119 that would prohibit double dipping into the state retirement system.Under the provisions of the bill, public employees who choose early retirement will not be allowed to hire on with other public entities without losing 50 percent of their retirement benefits. And the second job does not count towards a second government pension.
"Sure they can take a second government job," said Rep. Rob Bishop, R-Brigham City. "But with a penalty. The bill is designed to encourage them to stay working throughout their productive years."
The bill would not affect the retirement benefits of those who draw a government pension while holding a job in the private sector.
Bishop had been negotiating with public safety representatives who had agreed to a 25 percent loss of pension benefits. But the 50 percent "does change the deal," Bishop said.
Bishop said the bill is not targeted at the "cop of the beat" who usually stays at his job longer than 20 years anyway. It is targeted at "police chiefs making the fat salaries."
The bill, which passed by a 42-29 margin, now goes to the Senate.