An Act involving teachers retirement funds

This bill allows teachers who work in nonpublic schools providing habilitative services to contribute up to $5,000 annually to their state retirement funds. By making these payments, educators can receive credit for their nonpublic school service as if they had worked in a public school or public institution of higher education. The legislation applies specifically to members of the Teachers' Retirement System or the State Retirement System who are currently employed in habilitative roles under Chapter 71B.