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 by a school district in positions requiring a teaching certificate. The bill modifies K.S.A. 2024 Supp. 74-4914, which outlines the conditions under which members of the retirement system may retire and the implications of reemployment after retirement. Notably, it introduces new provisions that allow certain retirants to be exempt from employer contribution requirements when they are employed in covered positions, provided they meet specific conditions regarding the timing of their reemployment and the absence of prearranged agreements for employment.

Additionally, the bill repeals the existing section of K.S.A. 2024 Supp. 74-4914, indicating a significant overhaul of the regulations governing retirement and reemployment for public employees in Kansas. The changes aim to facilitate the hiring of retired teachers while ensuring that the retirement system's integrity is maintained, particularly concerning employer contributions and the conditions under which retirants can be reemployed without jeopardizing their retirement benefits.

Statutes affected:
As introduced: 74-4914