Virginia 2023 Regular Session

Virginia House Bill HB1850

Introduced
1/10/23  

Caption

Virginia Retirement System; return to work.

Impact

The bill is intended to have a significant impact on the state’s educational staffing by offering greater flexibility for public school districts in Virginia. It allows retirees to return to work in educational settings without jeopardizing their retirement benefits, which can attract experienced professionals back into the workforce, thereby enhancing the quality of education. The implications are particularly important given the current challenges many school districts face regarding teacher and administrative personnel shortages.

Summary

House Bill 1850 addresses the circumstances under which individuals receiving a service retirement allowance can return to work in public education roles without losing their retirement benefits. Specifically, it allows retired individuals to elect to continue receiving their retirement allowances while being employed as instructional or administrative personnel in local public schools, provided they meet certain conditions. This change seeks to support school districts in hiring qualified personnel in essential roles, particularly in areas facing staffing shortages.

Contention

However, this legislation has raised some concerns about its long-term implications for the Virginia Retirement System. Critics worry that allowing retired educators to work in public education could create pressures on the retirement fund, particularly if large numbers of retirees take advantage of this provision. Additionally, there are concerns about the impacts on younger job seekers, as retirees returning to work may limit opportunities for new entrants into the teaching profession.

Companion Bills

No companion bills found.

Previously Filed As

VA HB1630

Virginia Retirement System; return to work.

VA SB1292

Virginia Retirement System; return to work, sunset date.

VA SB548

Virginia Retirement System; return to work, break in service.

VA SB548

Virginia Retirement System; return to work, break in service.

VA SB1107

Virginia Retirement System; law-enforcement officers, return to work.

VA HB99

Virginia Retirement System; return to work for law-enforcement officers.

VA HB1393

Virginia Retirement System; return to work for law-enforcement officers.

VA HB1393

Virginia Retirement System; return to work for law-enforcement officers.

VA SB1479

Virginia Retirement System; return to work, hiring retired teachers, bus drivers, etc.

VA HB1986

Virginia Retirement System; return to work for law-enforcement officers, effective date.

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