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2022 Session

Budget Amendments - HB30 (Floor Approved)

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Direct Aid - Reduce Break-In-Service for VRS Retirees to fill Hard-to-Staff Positions (language only)

Item 137 #8h

Item 137 #8h

Education
Direct Aid to Public Education

Language

Page 150, after line 42, insert:

"31.  Notwithstanding § 51.1-155 of the Code of Virginia and to the extent permitted by federal law, any person receiving a service retirement allowance through the Virginia Retirement System, who is hired by a local school board as an instructional or administrative employee required to be licensed by the Board of Education or as a school bus driver, may elect to continue to receive the retirement allowance during such employment, under the following conditions:

(a) The person has been receiving such retirement allowance for at least six calendar months preceding his employment;

(b) The person is not receiving a retirement benefit pursuant to an early retirement incentive program from any local school division within the Commonwealth; and

(c) At the time the person is employed, the position to which he is assigned is among those identified by the Superintendent of Public Instruction pursuant to subdivision 4 of § 22.1-23, by the relevant division superintendent, pursuant to § 22.1-70.3, or by the relevant local school board, pursuant to subdivision 9 of § 22.1-79.

If the person elects to continue to receive the retirement allowance during the period of such employment, then his service performed and compensation received during such period of time will not increase, decrease, or affect in any way his retirement benefits before, during, or after such employment."



Explanation

(This amendment reduces the break-in-service requirement from 12 months to six months for VRS retirees to return to employment to fill hard to staff positions in school divisions, to the extent permitted by federal law.)