This bill amends the Kansas public employees retirement system by providing an exemption from the working after retirement employer contribution rate specifically for retirants employed as teachers in positions requiring a teaching certificate. The bill modifies K.S.A. 2024 Supp. 74-4914, allowing these teachers to be employed without incurring the usual employer contribution rate that applies to other retirants. Additionally, it repeals the existing section of K.S.A. 2024 Supp. 74-4914, indicating a significant change in the law regarding the employment of retired teachers.

The bill also outlines various conditions under which retirants can be employed without affecting their retirement benefits, including stipulations about prearranged agreements for employment and the waiting period before reemployment. It specifies that if a retirant is hired in a covered position after a certain period post-retirement, the employer must pay a contribution rate on their compensation. The legislation aims to facilitate the hiring of retired teachers while ensuring compliance with retirement system regulations.

Statutes affected:
As Introduced: 74-4914
As introduced: 74-4914