Allows certain retirees to collect benefits during reemployment. (2/3 - CA10s29(F)) (6/30/15) (EN +$322,581 APV)
Impact
The implications of SB20 are significant for both retirees and the school system. By allowing retired teachers to return to classrooms while receiving their retirement benefits, the bill seeks to alleviate teacher shortages, particularly in hard-to-fill positions. Furthermore, the bill stipulates that retirees can only be rehired if hiring initiatives are unsuccessful for non-retired candidates, ensuring that the opportunities are prioritized for current educators when available. This strategy aims to balance the interests of maintaining a robust educational workforce while also leveraging the experience of retired teachers.
Summary
Senate Bill 20 aims to modify the provisions regarding the employment of retirees from the Teachers' Retirement System in Louisiana. Specifically, it allows certain retired teachers to return to service while simultaneously receiving retirement benefits, a departure from existing laws that strictly limited such reemployment. The bill defines specific criteria under which retirees can be reemployed, particularly in areas designated as critical shortages of certified teachers or specialists, such as speech therapists. This change is intended to address staffing shortages in Louisiana's education system, contributing to the goal of keeping classrooms fully staffed and providing quality education to students.
Sentiment
The sentiment surrounding SB20 appears to be largely favorable among education advocates and stakeholders concerned about teacher shortages. Many view the bill as a pragmatic approach to bolster the educational workforce by reintroducing experienced educators into the system. However, there are concerns from some educators and unions regarding the potential implications on job opportunities for current teachers and the overall erosion of retirement security. This tension reflects a broader debate about the best strategies for addressing staffing needs in education while ensuring fair treatment of all teaching professionals.
Contention
Notable points of contention center around the specifics of reemployment eligibility, especially the criteria that determine a 'critical shortage' area, and whether these measures might inadvertently restrict opportunities for non-retired educators. Critics worry that the bill might shift the focus away from hiring fresh talent in the teaching profession and suggest it could create disparities in hiring practices. Additionally, concerns are raised about how this legislation might impact the retirement system's financial stability, as reemployment could lead to increased costs associated with managing benefits for retirees who return to work.
Relative to the Teachers' Retirement System of Louisiana (TRSL), allows retirees rehired as substitute teachers to collect retirement benefits during reemployment under certain circumstances (EN INCREASE APV)
Relative to the Teachers' Retirement System of La. (TRSL), allows retirees rehired as substitute teachers to collect retirement benefits during reemployment under certain circumstances (RE INCREASE APV)
Relative to the Teachers' Retirement System of La. (TRSL), allows certain reemployed retirees to receive retirement benefits during reemployment (EN INCREASE APV)
Relative to the Teachers' Retirement System of Louisiana (TRSL), allows certain reemployed retirees to receive retirement benefits upon reemployment (EN INCREASE APV)
Relative to the Teachers' Retirement System of Louisiana, provides for the payment of benefits for retired adjunct professors during reemployment (EN INCREASE APV)
Relative to the Teachers' Retirement System of Louisiana, provides for the payment of benefits for retired adjunct professors during reemployment (EN INCREASE APV)
Provides for the payment of benefits to retired members of the Teachers' Retirement System of La. who are rehired as adjunct professors (RE INCREASE APV)
Relative to state and statewide retirement systems, prohibits certain members who are reemployed after retirement from receiving retirement benefits or accruing additional benefits (OR DECREASE APV)
Allows retired adjunct professors to avoid benefit suspension during reemployment, subject to an earnings limitation. (7/1/12) (2/3 - CA 10s29(F)) (EN INCREASE APV)