SB 229 Allows the hiring of a retired teacher to work between 550 and 800 hours without losing their retirement benefits
Sponsor: Bray
LR Number: 1126S.01I Fiscal Note:
Committee: Pensions, Veterans' Affairs and General Laws
Last Action: 1/27/2005 - Second Read and Referred S Pensions, Veterans' Affairs and General Laws Committee Journal Page: S134
Title: Calendar Position:
Effective Date: August 28, 2005

Full Bill Text | All Actions | Available Summaries | Senate Home Page | List of 2005 Senate Bills

Current Bill Summary


SB 229 - This act would allow the hiring of a retired teacher to work between 550 and 800 hours as a teacher, librarian, counselor or other position without losing their retirement benefit. Such a teacher may earn up to 75% of the regular earnings for that position. The act requires the district to contribute the regular contribution percentage, which is 10.5% this year, but will be 11% next year and will continue to increase by 0.5% per year for the next few years.

This act is identical to your SB 1377 (2004).

DONALD THALHUBER