AK HB224

Creates new law allowing school districts to reemploy retired members of Alaska's teachers' retirement system under specified conditions in AS 14.20.136

Requires retired members under age 62 to wait at least 6 months before reemployment, or 60 days if age 62 or older, and prohibits pre-arranged reemployment agreements made before retirement

Mandates school districts publicly advertise positions for 10 business days and actively recruit non-retired candidates before hiring retired members, with exceptions for tenure restoration eligibility

Limits reemployment contracts to 12 consecutive months and requires employer contributions at 12.56 percent rate for retired members reemployed under the defined benefit plan

Allows reemployed retired members to continue receiving retirement benefits without becoming active members, making no salary deductions, and receive group health coverage as active employees