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CSHB 416(HES): "An Act relating to reemployment of and benefits for retired teachers and principals who participated in retirement incentive programs and to the employment as teachers of members of the public employees' retirement system who participated in a retirement incentive program; and providing for an effective date."

00 CS FOR HOUSE BILL NO. 416(HES) 01 "An Act relating to reemployment of and benefits for retired teachers and principals 02 who participated in retirement incentive programs and to the employment as teachers of 03 members of the public employees' retirement system who participated in a retirement 04 incentive program; and providing for an effective date." 05 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 06 * Section 1. AS 14.20.135(a) is amended to read: 07 (a) If the Department of Education and Early Development, a [A] school 08 district, or a regional educational attendance area [THAT] has or anticipates having a 09 shortage of teachers qualified to teach in a particular discipline or specialty, the 10 department, district, or attendance area may, by resolution, adopt a policy that 11 permits the employment of retired teachers who are qualified to teach in the discipline 12 or specialty in accordance with this section. The policy must describe the 13 circumstances that constitute the shortage. If a shortage of teachers exists as described 14 in the policy, the department, district, or attendance area shall notify the

01 administrator of the teachers' retirement system (AS 14.25) that it is hiring retired 02 teachers under this section. 03 * Sec. 2. AS 14.25.043(b) is amended to read: 04 (b) The Department of Education and Early Development, a [A] school 05 district, or a regional educational attendance area that has adopted a policy that 06 permits the employment of retired teachers in accordance with AS 14.20.135 shall 07 notify the administrator that it is hiring retired teachers under AS 14.20.135. A 08 teacher who retired under AS 14.25.110(a) and subsequently becomes an active 09 member under a policy adopted in accordance with AS 14.20.135 may, within 30 days 10 of the date of reemployment, elect to continue receiving benefit payments during the 11 period of reemployment by filing a waiver of coverage with the administrator on a 12 form provided by the administrator. An election under this subsection waives 13 coverage for the period of reemployment and is irrevocable during the period of 14 reemployment. Deductions from the member's salary may not be made under 15 AS 14.25.050 during the period of reemployment, and the member may not receive 16 credited service for the period of reemployment. [A MEMBER WHO 17 PARTICIPATED IN A RETIREMENT INCENTIVE PROGRAM UNDER CH. 26, 18 SLA 1986; CH. 89, SLA 1989; CH. 65, SLA 1996; CH. 4, FSSLA 1996; OR CH. 92, 19 SLA 1997, IS NOT ELIGIBLE TO MAKE AN ELECTION UNDER THIS 20 SUBSECTION.] 21 * Sec. 3. AS 14.25.043 is amended by adding a new subsection to read: 22 (d) A member of the public employees' retirement system who participated in 23 a retirement incentive program under ch. 26, SLA 1986; ch. 89, SLA 1989; ch. 65, 24 SLA 1996; ch. 4, FSSLA 1996; or ch. 92, SLA 1997, who subsequently becomes a 25 qualified teacher, may become an active member under AS 14.25.040 without losing 26 the incentive credit provided under the applicable retirement incentive plan and is not 27 subject to any related reemployment indebtedness. 28 * Sec. 4. The uncodified law enacted in sec. 12, ch. 57, SLA 2001, is amended to read: 29 Sec. 12. AS 14.20.135, as amended by sec. 1 of this 2002 Act; 30 AS 14.25.043(b), as amended by sec. 2 of this 2002 Act; AS 14.25.043(d), added by 31 sec. 3 of this 2002 Act; AS 39.35.120(b)(2), 39.35.150(b), and 39.35.150(c) are

01 repealed July 1, 2005. 02 * Sec. 5. AS 14.20.135(c) is repealed. 03 * Sec. 6. This Act takes effect immediately under AS 01.10.070(c).