Loading chat...
ID H0113
Bill
Status
3/20/2017
Primary Sponsor
Education Committee
Click for details
AI Summary
-
Allows retired school teachers or administrators who retired at age 60 or older to continue receiving retirement benefits without accruing additional service credit if reemployed under specific conditions.
-
Retired members receiving non-reduced benefits who have been retired for more than 6 months and are elected to a new public office (not previously held) may elect to continue benefits with no member or employer contributions.
-
Retired teachers or administrators age 62+ returning to employment with a school district under section 33-1004H may elect to continue benefits without accruing additional service, with school districts required to pay employer contributions to the public employee retirement system.
-
Requires employers to immediately report reemployment of any retired member to the retirement board; employers who fail to report are liable for repaying suspended benefit payments plus interest.
-
Defines "same employer" as the employer for which the retired member last worked prior to retirement.
Legislative Description
Amends existing law to provide that a teacher or administrator who retires at age 60+ years and who again becomes employed may continue receiving benefits and not accrue additional services, under certain conditions.
TEACHERS
Last Action
Reported Signed by Governor on March 20, 2017 Session Law Chapter 80 Effective: 07/01/2017
3/20/2017