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GA HB385
Bill
Status
Passed
4/28/2022
Primary Sponsor
Shaw Blackmon
Click for details
AI Summary
- Public school systems may employ retired Teachers Retirement System of Georgia beneficiaries with 30+ years of creditable service as full-time certified classroom teachers (pre-K through 12th grade) in areas of highest need within their assigned Regional Education Service Agency (RESA), provided at least one year has passed since the beneficiary's retirement date
- Retirees returning to teach under this provision continue receiving their full retirement allowance and postretirement benefit adjustments, but the new service does not count as creditable service and does not entitle them to a recomputation of benefits
- Employers must pay both employer and employee contribution rates to the retirement system based on the beneficiary's earnable compensation; unpaid amounts may be deducted from state funds payable to the employer
- "Area of highest need" is defined as the three content areas with the greatest percentages of unfilled classroom teacher positions per RESA, determined annually by the Department of Education in consultation with the Professional Standards Commission based on a five-year average survey
- The provision is effective from July 1, 2022, through June 30, 2026, contingent on concurrent funding under the Public Retirement Systems Standards Law, and requires the state auditor to conduct a performance audit on the program's impact prior to July 1, 2025
Legislative Description
Teachers Retirement System of Georgia; employ beneficiaries; permit public school systems
Last Action
Effective Date 2022-07-01
4/28/2022
Committee Referrals
Retirement2/2/2022
Retirement2/10/2021
Full Bill Text
No bill text available