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MS HB1409
Bill
Status
2/4/2025
Primary Sponsor
Bo Brown
Click for details
AI Summary
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Requires the Public Employees' Retirement System to conduct a feasibility study on allowing all retired public school teachers to work full-time as teachers in any public school district after retirement while continuing to receive their retirement allowance.
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Study must examine the impact on the system's unfunded liability, actuarial assumptions, employer contribution rates, teacher retirement patterns, and other financial aspects.
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Extends current authorization under Section 25-11-126, which previously limited post-retirement employment to teachers with 30+ years of service in districts with critical shortages and capped compensation at 50% of regular teacher pay.
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Requires the Public Employees' Retirement System to submit a report with study results to the Legislature by December 1, 2025.
Legislative Description
PERS; conduct study on feasibility of allowing all retired teachers to continue to work as a teacher in any school district and receive retirement allowance.
Last Action
Died In Committee
2/4/2025