Senate Bill 2238 Summary

• Allows retired public school teachers with at least 25 years of creditable service to return to teaching for up to five years while continuing to receive retirement benefits from the Public Employees' Retirement System.

• Retired teachers must have been retired for at least 90 days before reemployment and must receive starting salary for first-year teachers based on their certification level, with compensation remaining static rather than increasing annually.

• School districts can employ limited numbers of retired teachers based on enrollment (ranging from 1 retired teacher for districts under 1,000 students to 9 for districts over 21,000 students), with higher fees for employment beyond allocated limits.

• Districts must pay pension liability assessments to PERS: $12,000 per allocated retired teacher, $16,000 for each excess retired teacher, and $20,000 for any retired teacher retained beyond the five-year limit.

• Establishes that State Department of Education must transfer Mississippi Adequate Education Program funds otherwise payable to districts to PERS to offset lost retirement system revenue.