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MI HB5261
Bill
Status
12/31/2012
Primary Sponsor
Holly Hughes
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AI Summary
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Allows retirants who retired on or after July 1, 2010 to work as substitute teachers without forfeiting retirement allowance or health care benefits if earnings do not exceed 1/3 of final average compensation (effective until July 1, 2014).
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Permits retirants to work as instructional coaches or school improvement facilitators in critical shortage disciplines without forfeiture of benefits under the same earnings cap and timeline restrictions (effective until July 1, 2014).
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Requires reporting units to pay 100% of contribution rates for unfunded actuarial accrued liabilities for retiree health care and pension for retirants employed under substitute teacher, instructional coach, or school improvement facilitator provisions.
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Exempts retirants employed by universities in teaching or research capacity from earnings restrictions and allows critical shortage discipline employees up to 3 years of employment without benefit forfeiture.
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Establishes requirement that state superintendent of public instruction compile and annually update a listing of critical shortage disciplines for hiring purposes.
Legislative Description
Retirement; public school employees; retirant employed to provide substitute teaching services by entity other than reporting unit; allow without forfeiture of retirement allowance or health care coverage if reporting unit pays 10% of compensation to retirement system. Amends sec. 61 of 1980 PA 300 (MCL 38.1361).
Retirement, public school employees
Last Action
Assigned Pa 464'12 With Immediate Effect 2012 Addenda
12/31/2012