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MS SB2965
Bill
AI Summary
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Allows persons with 30 or more years of creditable service who retired as teachers to continue receiving retirement allowance while working as teachers in public schools, in addition to teacher salary.
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Allows persons employed as teachers who complete 30 or more years of creditable service to receive retirement allowance during continued employment as teachers without withdrawing from service.
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Persons receiving retirement allowance while employed as teachers shall not be contributing members of the retirement system nor earn additional creditable service for that employment period.
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Requires affected persons to notify the retirement system executive director of their choice to receive or continue receiving retirement allowance during teacher employment.
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Effective July 1, 2010.
Legislative Description
Retired teachers; may draw retirement benefits and be reemployed as teachers if they have 30 years of creditable service.
Last Action
Died In Committee
2/2/2010