The bill H.311 proposes to extend the provisions allowing beneficiaries of the Vermont State Teachers Retirement System to resume service as interim educators while continuing to receive their retirement allowance. Specifically, it amends existing law to permit beneficiaries who retired as Group A or Group C members to serve as interim educators for up to one school year, provided they have received a retirement allowance for at least six months prior to resuming service. The bill outlines requirements for the employer, including remitting payments to the Benefits Fund and the Vermont Teachers Retirement Fund, and mandates that superintendents certify that all reasonable options for hiring qualified active educators have been exhausted before employing a beneficiary.

Additionally, the bill modifies the renewal process for this authority, increasing the number of possible renewals from two to seven for fiscal years 2024 through 2030, and changes the notification timeline for the State Treasurer's determination from June to May. It also repeals a previous requirement that beneficiaries could only resume service in different interim positions during each renewal period. The act is set to take effect upon passage and will be repealed on June 30, 2031.