In addition to the postretirement employment options available in RCW
41.32.802 or
41.32.862,
((and only until August 1, 2020,)) a teacher in plan 2 or plan 3 who has retired under the alternate early retirement provisions of RCW
41.32.765(3)(b) or
41.32.875(3)(b) may be employed with an employer for up to eight hundred sixty-seven hours per calendar year without suspension of his or her benefit, provided that: (1) The retired teacher reenters employment more than one calendar month after his or her accrual date and after June 9, 2016; (2)
(([the retired teacher])) the retired teacher is employed exclusively as
((either)) a substitute teacher as defined in RCW
41.32.010(48)(a) in an instructional capacity, as opposed to other capacities identified in RCW
41.32.010(49); and (3) the employing school district compensates the district's substitute teachers at a rate that is at least eighty-five percent of the full daily amount allocated by the state to the district for substitute teacher compensation.