This bill amends the definition of "Teacher" in chapter 32 of the General Laws to ensure that individuals who are vested in the teachers retirement system or the Boston retirement system and later employed by the executive office of education or the department of elementary and secondary education retain their status as teachers and are considered to remain in service. Additionally, it stipulates that these teachers will continue to be part of the teachers retirement system or the Boston retirement system, even after transitioning to these new roles.
Furthermore, the bill provides a one-time opportunity for certain members of the teachers retirement system or the Boston retirement system to elect to participate in the alternative superannuation retirement benefit program, provided they meet specific criteria. Members eligible for this election must do so within 180 days of the bill's effective date. The bill also outlines the contribution rates for those who choose to participate in this program and mandates that the retirement systems notify eligible members and school districts about this opportunity within 90 days of the act's enactment.
Statutes affected: Bill Text: 32-1