Saturday, April 09, 2005

HB 546: Public School Retirement Credit for County Employment

H.B. 546, P.N. 594 (HUTCHINSON) This would amend Title 24 (Education).
An active public school employee may purchase credit towards public school employee retirement credit for up to five creditable years of prior full-time county employment (other than county school nurse employment, which has a credit purchase system under current law), where the county employee was a member of and contributed towards the county retirement system, at the rate of one year of credit purchased for every three years (or fraction over one half year that may be counted as a full year) of such county employment.


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