The proposal describes when some retired school workers and former sworn officers may keep pension payments while taking certain local jobs.
Some retired school workers may keep their pension while working for a local school board, if they meet the return-to-work conditions and take an identified position.
Some retired officers may keep their pension in certain local school security or civilian law-enforcement jobs, if they meet the return-to-work conditions.
Some retired public school workers may choose to keep receiving their retirement allowance while working for a local school board. This applies to retired members hired by a local public school board as licensed instructional or administrative staff, specialized student support staff, or school bus drivers. The worker must have a break of at least six calendar months before returning to full-time work, must not receive an early retirement incentive benefit from a Virginia local school division, and must take a position identified by the state superintendent, division superintendent, or local school board. If the worker keeps the allowance, the new service and pay do not affect retirement benefits, and the worker cannot receive benefits under a separate state retirement chapter for returning members. The employer must include the pay in payroll used for its retirement contributions. The text says this provision expires July 1, 2028.
Some retired sworn law-enforcement officers may choose to keep receiving their retirement allowance in specified local jobs. This applies to people retired from sworn law-enforcement work who take a school security officer job or a civilian job at a local law-enforcement agency that does not require law-enforcement certification. The worker must have a break of at least six calendar months, must have retired in good standing, and must not have received the listed early retirement incentives or participated in the specified 1995 incentive programs. If the worker keeps the allowance, the new service and pay do not affect retirement benefits, and the worker cannot receive benefits under a separate state retirement chapter for returning members. The employer must include the pay in payroll used for its retirement contributions. The text says this provision expires July 1, 2028.
No hearings or votes scheduled.