An Act providing creditable service for certain teachers

This bill allows teachers terminated due to a reduction in force (RIF) to count their previous teaching service toward retirement credit if they later return to teaching in another government school district. It requires these teachers to pay into the Annuity Savings Fund an amount equal to what would have been withheld had they remained employed, plus interest, before receiving credit. To qualify, teachers must have completed at least 10 years of total retirement membership service, and the maximum creditable service under this provision is limited to 4 years. The bill directly affects teachers who lost jobs through RIF and rejoin public school teaching, modifying how their prior service is recognized for retirement benefits.