HB2107: Public school employees, certain retired licensed; continued employment, service retirement.

Legislative Summary

Certain retired licensed public school employees; continued employment; service retirement allowance. Permits any person receiving a service retirement allowance from the Virginia Retirement System who is hired by a local school board as an instructional or administrative employee required to be licensed by the Board of Education or as a school bus driver to elect to continue to receive the retirement allowance during such employment if he has been receiving such retirement allowance for at least two academic semesters, or the equivalent, preceding his employment and is not receiving a retirement benefit pursuant to an early retirement incentive program from any local school division within the Commonwealth. Current law permits any person receiving a service retirement allowance from the Virginia Retirement System who is hired by a local school board as an instructional or administrative employee required to be licensed by the Board of Education or as a school bus driver to elect to continue to receive the retirement allowance during such employment if he has been receiving such retirement allowance for at least 12 calendar months preceding his employment, he is not receiving a retirement benefit pursuant to an early retirement incentive program from any local school division within the Commonwealth, and at the time he is employed, the position to which he is assigned is among those identified by the Superintendent of Public Instruction, the relevant division superintendent, or the relevant local school board as a critical shortage area. The bill also extends from July 1, 2025, to July 1, 2030, the sunset date for provisions (i) requiring school boards, division superintendents, if so requested, and the Superintendent of Public Instruction to annually identify and report critical shortages of teachers and administrative personnel and (ii) permitting any person receiving a service retirement allowance who is hired as a local school board instructional or administrative employee required to be licensed by the Board of Education to elect to continue to receive the retirement allowance during such employment under certain conditions. Certain retired licensed public school employees; continued employment; service retirement allowance. Permits any person receiving a service retirement allowance from the Virginia Retirement System who is hired by a local school board as an instructional or administrative employee required to be licensed by the Board of Education or as a school bus driver to elect to continue to receive the retirement allowance during such employment if he has been receiving such retirement allowance for at least two academic semesters, or the equivalent, preceding his employment and is not receiving a retirement benefit pursuant to an early retirement incentive program from any local school division within the Commonwealth. Current law permits any person receiving a service retirement allowance from the Virginia Retirement System who is hired by a local school board as an instructional or administrative employee required to be licensed by the Board of Education or as a school bus driver to elect to continue to receive the retirement allowance during such employment if he has been receiving such retirement allowance for at least 12 calendar months preceding his employment, he is not receiving a retirement benefit pursuant to an early retirement incentive program from any local school division within the Commonwealth, and at the time he is employed, the position to which he is assigned is among those identified by the Superintendent of Public Instruction, the relevant division superintendent, or the relevant local school board as a critical shortage area. The bill also extends from July 1, 2025, to July 1, 2030, the sunset date for provisions (i) requiring school boards, division superintendents, if so requested, and the Superintendent of Public Instruction to annually identify and report critical shortages of teachers and administrative personnel and (ii) permitting any person receiving a service retirement allowance who is hired as a local school board instructional or administrative employee required to be licensed by the Board of Education to elect to continue to receive the retirement allowance during such employment under certain conditions.