5742-S AMS MCAU SUND 003

 

 

 

SSB 5742 - S AMD 250

By Senator McAuliffe

 

3/19/03 WITHDRAWN

 

 

 

On page 10, line 35, after "employer;" insert "and".

 

On page 11, beginning on line 2, after "audit;" strike all material down to and including "retirement." on line 13 and insert the following:

"shall cease to receive pension payments while engaged in that service after the retiree has rendered service for more than one thousand five hundred hours in a school year."

 

 

 

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EFFECT: Removes the 1,900-hour lifetime cumulative limit on

the hours that teachers' retirement system plan 1 retirees may work

in excess of 867 hours per year while receiving pension benefits.