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Teachers Can Return To Work And Keep Full Pension |
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SEPTEMBER 2000 -
A little-known feature of the teachers' alternative retirement plan
(Ch. 114) which was passed this June allows teachers, who did not
retire under the alternative plan, to return to work after 60 days
without any earnings or time limit restriction. This means that a
teacher who retired in June could come back to work in any school this
September and still collect a full pension.
The
law does say that there must be a "critical shortage as defined by the
local school committee." What this actually means is a local school
committee (and school dept.) is autonomous in deciding what constitutes
a critical shortage of qualified teachers.
Teachers,
who retire under the alternative plan, receive an extra two percent
added to their retirement formula each year beginning with their
twenty-fifth year and must work at least 30 years. The teacher must
contribute 11% to his or her annuity fund for at least five years. New
teachers are required to contribute 11% from the date of entrance.
Teachers,
retiring under the alternative plan, cannot return to work without
salary or time limit restrictions before at least two years have
elapsed.
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Legislation 
