SB 1377 - Bray, Joan
Allows the hiring of a retired teacher to work between 550 and 800 hours without losing their retirement
Bill Details
Sponsor
LR Number
4852S.01I
Title
SB 1377
House Handler
N/A
Journal Page
N/A
Co-Sponsors
Effective Date
August 28, 2004
Committee
Current Status
Hearing Conducted S Pensions & General Laws Committee
Quick Links
Amendments
No amendments available
CURRENT BILL SUMMARY
SB 1377 - This act allows 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.
DONALD THALHUBER