H.311 is a bill that aims to extend the provisions allowing beneficiaries of the Vermont State Teachers Retirement System to return to work as interim educators while still receiving their retirement allowance. Specifically, it permits beneficiaries who retired as Group A or Group C members to resume service for up to one school year, provided they have received their retirement allowance for at least six months prior to returning. The bill outlines requirements for the employer, including remitting payments to the Benefits Fund and the Vermont Teachers Retirement Fund during the beneficiary's period of service. Additionally, superintendents must certify that all reasonable options for hiring qualified active educators have been exhausted before employing a retired beneficiary.
The bill also includes amendments to the renewal process for this authority. It changes the renewal period from two years to seven years, allowing the State Treasurer to grant renewals for one fiscal year at a time. The timing for the Treasurer's determination has been adjusted from June to May, and the notification process has been updated to include the House Committee on Government Operations and Military Affairs. Furthermore, the bill repeals a previous requirement that beneficiaries could only resume service in different interim positions. The act is set to take effect upon passage and will be repealed on June 30, 2031.