Provides that school district boards of directors shall grant leaves of absence without pay for at least two years to any full-time certificated or classified employee who serves as a volunteer in the peace corps who volunteers for the peace corps at the time the person is a full-time employee.

Provides that, upon expiration of the leave, the certificated or classified employee shall have the right to be reinstated to the position held before the leave was granted at the salary rate prevailing for that position when the employee resumes duty, without loss of seniority or sick leave. Does not apply to employees who fail to report back to their districts within ninety days after termination of service with the peace corps.