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HB514 - PUBLIC SCHOOL RETIREMENT SYSTEM - Franklin, Richard
HB514 REVISES PUBLIC SCHOOL AND NONTEACHER SCHOOL EMPLOYEE RETIREMENT SYSTEMS.
Sponsor: Franklin, Richard (53) Effective Date:00/00/0000
CoSponsor: LR Number:1441-01
Last Action: 06/10/1999 - Approved by Governor (G)
06/10/1999 - Delivered to Secretary of State
HB514
Next Hearing:Hearing not scheduled
Calendar:Bill currently not on calendar
ACTIONS HEARINGS CALENDAR
BILL SUMMARIES BILL TEXT FISCAL NOTES
HOUSE HOME PAGE BILL SEARCH

Available Bill Summaries for HB514 Copyright(c)
* Truly Agreed * Perfected * Committee * Introduced

Available Bill Text for HB514
* Truly Agreed * Perfected * Committee * Introduced *

Available Fiscal Notes for HB514
* Introduced *

BILL SUMMARIES

TRULY AGREED

HB 514 -- PUBLIC SCHOOL RETIREMENT SYSTEM AND NONTEACHER SYSTEM

Under current law, retired teachers may work on a part-time or
temporary-substitute basis for up to 550 hours per school year;
this bill adds that a retired teacher may earn up to 50% of the
annual compensation payable under the district's salary schedule
for the position filled by the retiree and also provides means
for determining salary for a position not on the schedule, for
newly created positions, and for retirees filling multiple
positions.  In a new section, the bill permits retired teachers
and nonteachers, except those retired on disability, to
establish a second or subsequent membership in the system after
a one-year vesting period.  Such membership is separate and not
combinable for service credit or benefits with a previous
membership.  Such members will not draw a benefit from their
first membership while in covered employment.  The bill also
makes a change to the nonteacher system for certain members who
were certified as vocational-technical teachers by making the
basis for certification a degree or work experience instead of a
degree and work experience, making these provisions identical to
the teachers' system requirements.


PERFECTED

HB 514 -- PUBLIC SCHOOL RETIREMENT SYSTEM AND NONTEACHER SYSTEM
(Franklin)

Under current law, retired teachers may work on a part-time or
temporary-substitute basis for up to 550 hours per school year;
this bill adds that a retired teacher may earn up to 50% of the
annual compensation payable under the district's salary schedule
for the position filled by the retiree and also provides means
for determining salary for a position not on the schedule, for
newly created positions, and for retirees filling multiple
positions.  In a new section, the bill permits retired teachers
and nonteachers, except those retired on disability, to
establish a second or subsequent membership in the system after
a one-year vesting period.  Such membership is separate and not
combinable for service credit or benefits with a previous
membership.  Such members will not draw a benefit from their
first membership while in covered employment.  The bill also
makes a change to the nonteacher system for certain members who
were certified as vocational-technical teachers by making the
basis for certification a degree or work experience instead of a
degree and work experience, making these provisions identical to
the teachers' system requirements.

FISCAL NOTE:  No impact on state funds.


COMMITTEE

HB 514 -- PUBLIC SCHOOL RETIREMENT SYSTEM AND NONTEACHER SYSTEM

SPONSOR:  Franklin

COMMITTEE ACTION:  Voted "do pass by consent" by the Committee
on Retirement by a vote of 10 to 0.

Under current law, retired teachers may work on a part-time or
temporary-substitute basis for up to 550 hours per school year;
this bill adds that a retired teacher may earn up to 50% of the
annual compensation payable under the district's salary schedule
for the position filled by the retiree and also provides means
for determining salary for a position not on the schedule, for
newly created positions, and for retirees filling multiple
positions.  In a new section, the bill permits retired teachers
and nonteachers, except those retired on disability, to
establish a second or subsequent membership in the system after
a one-year vesting period.  Such membership is separate and not
combinable for service credit or benefits with a previous
membership.  Such members will not draw a benefit from their
first membership while in covered employment.  The bill also
makes a change to the nonteacher system for certain members who
were certified as vocational-technical teachers by making the
basis for certification a degree or work experience instead of a
degree and work experience, making these provisions identical to
the teachers' system requirements.

FISCAL NOTE:  No impact on state funds.

PROPONENTS:  Supporters say that this bill will make it easier
for retired teachers to return to the classroom and provides a
better way to monitor their participation so they stay within
the limits to maintain their benefits.  It also offers the
possibility of a second membership for teachers who return to
work and are willing to give up their benefit.  This should help
with the teacher shortage by allowing qualified retired teachers
to substitute more easily than the current law permits.

Testifying for the bill were Representatives Franklin and
Froelker; Public School Retirement System; Missouri Retired
Teachers Association; and American Association of Retired People.

OPPONENTS:  There was no opposition voiced to the committee.

Becky DeNeve, Legislative Analyst


INTRODUCED

HB 514 -- Public School Retirement System and Nonteacher System

Sponsor:  Franklin

Under current law, retired teachers may work on a part-time or
temporary-substitute basis for up to 550 hours per school year;
this bill adds that a retired teacher may earn up to 50% of the
annual compensation payable under the district's salary schedule
for the position filled by the retiree and also provides means
for determining salary for a position not on the schedule, for
newly created positions, and for retirees filling multiple
positions.  In a new section, the bill permits retired teachers
and nonteachers, except those retired on disability, to
establish a second or subsequent membership in the system after
a one-year vesting period.  Such membership is separate and not
combinable for service credit or benefits with a previous
membership.  Such members will not draw a benefit from their
first membership while in covered employment.  The bill also
makes a change to the nonteacher system for certain members who
were certified as vocational-technical teachers by making the
basis for certification a degree or work experience instead of a
degree and work experience, making these provisions identical to
the teachers' system requirements.


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Last Updated September 30, 1999 at 1:25 pm