AN ACT TO AMEND SECTION 25-11-126, MISSISSIPPI CODE OF 1972, TO ALLOW ANY PERSON WHO WAS EMPLOYED AS A PUBLIC SCHOOL TEACHER OR ADMINISTRATOR AT THE TIME OF RETIREMENT, HAS BEEN RETIRED AT LEAST 90 DAYS AND IS RECEIVING A RETIREMENT ALLOWANCE, AND HOLDS THE APPLICABLE EDUCATOR LICENSE, TO BE EMPLOYED AS A TEACHER IN A SCHOOL DISTRICT AFTER RETIREMENT, AND CHOOSE TO CONTINUE RECEIVING THE RETIREMENT ALLOWANCE IN ADDITION TO A SALARY, ALONG WITH THE LOCAL CONTRIBUTION OF THE DISTRICT IN WHICH THE RETIREE IS EMPLOYED; TO REMOVE THE REQUIREMENT OF HAVING AT LEAST 30 YEARS OF CREDITABLE SERVICE; TO AUTHORIZE THE SCHOOL DISTRICT TO ALLOCATE, AS SALARY AND ASSESSMENT OF A RETIRED TEACHER RETURNING TO WORK AS A TEACHER, UP TO 150% OF THE AMOUNT PROVIDED UNDER THE SALARY SCHEDULE COMPARABLE TO THE YEARS OF SERVICE AND LICENSE TYPE OF THE TEACHER; TO PROVIDE THAT LOCAL EDUCATION AGENCIES MAY PAY, FROM LOCAL EDUCATION FUNDING, ALL OR A PORTION OF THE HEALTH INSURANCE PREMIUMS FOR RETIRED EMPLOYEES RETURNING TO WORK AS TEACHERS; TO AMEND SECTION 37-19-7, MISSISSIPPI CODE OF 1972, TO CONFORM; AND FOR RELATED PURPOSES.
Statutes affected: As Introduced: 25-11-126, 37-19-7
Committee Substitute: 25-11-126, 37-19-7
As Passed by the Senate: 25-11-126, 37-19-7