This bill amends the Teachers' Retirement System of Louisiana to allow certain retired teachers to be reemployed in critical shortage positions without facing a suspension or reduction of their retirement benefits. Specifically, it expands the definition of "critical shortage position" to include both full-time and part-time roles for certified speech therapists, audiologists, educational diagnosticians, and other related positions that require a valid Louisiana ancillary certificate. The bill also introduces new provisions that outline the process for certifying a critical shortage, including requirements for employers to advertise positions and demonstrate that they have sought non-retired applicants before hiring retirees.

Additionally, the bill stipulates that retirees returning to work in these critical shortage positions will not accrue additional retirement benefits or service credit, but they and their employers will still contribute to the retirement system. Upon termination of their active service, retirees can apply for a refund of their contributions made during reemployment, although this refund will not include interest. The bill is set to take effect on July 1, 2024, and any associated costs will be funded through additional employer contributions.

Statutes affected:
HB967 Original: 11:710(A)(4)
HB967 Engrossed: 11:710(A)(4)
HB967 Reengrossed: 11:710(A)(4)
HB967 Enrolled: 11:710(A)(4)
HB967 Act : 11:710(A)(4)