The bill amends the Kansas public employees retirement system to provide an exemption from the working after retirement employer contribution rate specifically for retirants employed as teachers in positions requiring a teaching certificate. This change allows these teachers to work without incurring additional employer contributions to the retirement system, thereby encouraging retired educators to return to the classroom. The bill also includes various provisions regarding the retirement process, including the conditions under which retirants can be re-employed without affecting their retirement benefits.

Additionally, the bill repeals the existing section of K.S.A. 2024 Supp. 74-4914, which outlines the previous regulations regarding retirement and re-employment. The new language clarifies the rules surrounding employment after retirement, including the stipulations for contributions based on the retirant's compensation and the conditions under which they can be employed without a prearranged agreement. Overall, the bill aims to facilitate the re-employment of retired teachers while ensuring compliance with the retirement system's regulations.

Statutes affected:
As introduced: 74-4914