Bill Text: MO HB2409 | 2010 | Regular Session | Introduced
Bill Title: Changes the laws regarding the employment of retired teachers and their retirement benefits
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2010-05-14 - Referred: Retirement (H) [HB2409 Detail]
Download: Missouri-2010-HB2409-Introduced.html
SECOND REGULAR SESSION
95TH GENERAL ASSEMBLY
INTRODUCED BY REPRESENTATIVES DENISON (Sponsor), McNARY, POLLOCK, WELLS, HOBBS, SCHLOTTACH, JONES (89), CUNNINGHAM, WASSON, SCHARNHORST, THOMSON, BURLISON, SCHOELLER, SCHAAF, FISHER (125) AND STREAM (Co-sponsors).
5430L.01I D. ADAM CRUMBLISS, Chief Clerk
AN ACT
To repeal section 169.560, RSMo, and to enact in lieu thereof one new section relating to the employment of retired teachers.
Be it enacted by the General Assembly of the state of Missouri, as follows:
Section A. Section 169.560, RSMo, is repealed and one new section enacted in lieu thereof, to be known as section 169.560, to read as follows:
169.560. Any person retired and currently receiving a retirement allowance pursuant to sections 169.010 to 169.141, other than for disability, may be employed in any capacity in a district included in the retirement system created by those sections on either a part-time or temporary-substitute basis not to exceed a total of [five] seven hundred fifty hours in any one school year, and through such employment may earn up to [fifty] seventy-five percent of the annual compensation payable under the employing district's salary schedule for the position or positions filled by the retiree, given such person's level of experience and education, without a discontinuance of the person's retirement allowance. If the employing school district does not utilize a salary schedule, or if the position in question is not subject to the employing district's salary schedule, a retiree employed in accordance with the provisions of this section may earn up to [fifty] seventy-five percent of the annual compensation paid to the person or persons who last held such position or positions. If the position or positions did not previously exist, the compensation limit shall be determined in accordance with rules duly adopted by the board of trustees of the retirement system; provided that, it shall not exceed [fifty] seventy-five percent of the annual compensation payable for the position in the employing school district that is most comparable to the position filled by the retiree. In any case where a retiree fills more than one position during the school year, the [fifty-percent] seventy-five percent limit on permitted earning shall be based solely on the annual compensation of the highest paid position occupied by the retiree for at least one-fifth of the total hours worked during the year. Such a person shall not contribute to the retirement system or to the public education employee retirement system established by sections 169.600 to 169.715 because of earnings during such period of employment unless such person works over five hundred fifty hours but less than seven hundred fifty hours. If such a person is employed in any capacity by such a district on a regular, full-time basis, the person shall not be eligible to receive the person's retirement allowance for any month during which the person is so employed and shall contribute to the retirement system.
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