Bill > H2759

This bill aims to provide creditable service for retirement purposes for teachers who taught in parochial schools or public/private academies. The key provisions are: 1. Members who taught in an approved parochial school or public/private academy can purchase up to 10 years of service credit for that service, provided they held an appropriate teaching certificate and made the required contributions to the retirement fund. 2. The member's earnings for the years of private or parochial school teaching will be assumed to be the same as the average salary for teachers in the Commonwealth during those years, and the member must pay interest on the contributions. 3. The member must have begun membership before January 1, 1976, and their last 10 years of creditable service must have been as a state employee or teacher in the Commonwealth. 4. If the member doesn't meet the eligibility criteria, they can still receive additional service credit for private or parochial school teaching if they pay the full contributions they would have made, plus interest. The bill aims to recognize and provide retirement benefits for teachers who have experience in parochial or private schools, which was not previously counted towards their retirement.

Labor and Employment

https://malegislature.gov/Bills/192/H2759