H.311 is a bill that aims to extend the provision 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 a retirement allowance for at least six months prior to returning. The bill outlines conditions for the employer, including the requirement to remit payments to the Benefits Fund and the Vermont Teachers Retirement Fund during the beneficiary's period of service.

The bill also includes several amendments to existing law. Notably, it changes the renewal period for the State Treasurer's authority to grant renewals from two years to seven years, and it adjusts the timeline for renewal notifications. Additionally, the requirement that beneficiaries must serve in different interim positions for each renewal has been repealed. The act is set to take effect upon passage and will be repealed on June 30, 2031.