00                       CS FOR HOUSE BILL NO. 20(STA)                                                                     
01 "An Act relating to reemployment of and benefits for retired teachers or employees,                                     
02 including those who participated in retirement incentive programs, and to the                                           
03 employment as teachers of members of the public employees' retirement system who                                        
04 participated in a retirement 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 or work in a particular educational discipline                    
10       or specialty, the department, district, or attendance area may[, BY                                           
11       RESOLUTION,] adopt a policy that permits the employment of retired teachers or                                
12       employees who are qualified to teach or work in the educational discipline or                         
13       specialty in accordance with this section.  The policy must describe the circumstances                            
14       that constitute the shortage.  If a shortage of teachers exists as described in the policy,                       
01       the department, district, or attendance area shall notify the administrator of the                        
02       teachers' retirement system (AS 14.25) that it is hiring retired teachers under this                              
03       section.                                                                                                          
04    * Sec. 2.  AS 14.25.043(b) is amended to read:                                                                     
05            (b)  The Department of Education and Early Development, a [A] school                                     
06       district, or a regional educational attendance area that has adopted a policy that                        
07       permits the employment of retired teachers in accordance with AS 14.20.135 shall                                  
08       notify the administrator that it is hiring retired teachers under AS 14.20.135.  A                                
09       teacher who retired under AS 14.25.110(a) and subsequently becomes an active                                      
10       member under a policy adopted in accordance with AS 14.20.135 may, within 30 days                                 
11       of the date of reemployment, elect to continue receiving benefit payments during the                              
12       period of reemployment by filing a waiver of coverage with the administrator on a                                 
13       form provided by the administrator.  An election under this subsection waives                                     
14       coverage for the period of reemployment and is irrevocable during the period of                                   
15       reemployment.  Deductions from the member's salary may not be made under                                          
16       AS 14.25.050 during the period of reemployment, and the member may not receive                                    
17       credited service for the period of reemployment.  A member who participated in a                                  
18       retirement incentive program under ch. 26, SLA 1986; ch. 89, SLA 1989; ch. 65, SLA                                
19       1996; ch. 4, FSSLA 1996; or ch. 92, SLA 1997, who makes [IS NOT ELIGIBLE TO                                   
20       MAKE] an election under this subsection does not lose the incentive credit provided                           
21       under the applicable retirement incentive plan and is not subject to any related                              
22       reemployment indebtedness.                                                                                    
23    * Sec. 3.  AS 14.25.043 is amended by adding a new subsection to read:                                             
24            (d)  A member of the public employees' retirement system who participated in                                 
25       a retirement incentive program under ch. 26, SLA 1986; ch. 89, SLA 1989; ch. 65,                                  
26       SLA 1996; ch. 4, FSSLA 1996; or ch. 92, SLA 1997, who subsequently becomes a                                      
27       teacher under a policy adopted in accordance with AS 14.20.135(a) may become an                                   
28       active member under AS 14.25.040 without losing the incentive credit provided under                               
29       the applicable retirement incentive plan and is not subject to any related reemployment                           
30       indebtedness.                                                                                                     
31    * Sec. 4.  The uncodified law of the State of Alaska enacted in sec. 12, ch. 57, SLA 2001, is                      
01 amended to read:                                                                                                        
02            Sec. 12.  AS 14.20.135, as amended by sec. 1 of this 2003 Act;                                           
03       AS 14.25.043(b), as amended by sec. 2 of this 2003 Act; AS 14.25.043(d), added by                             
04       sec. 3 of this 2003 Act; AS 39.35.120(b)(2), 39.35.150(b), and 39.35.150(c) are                               
05       repealed July 1, 2005.                                                                                            
06    * Sec. 5.  AS 14.20.135(c) is repealed.                                                                            
07    * Sec. 6.  This Act takes effect immediately under AS 01.10.070(c).