Retired teachers; remove limitation on hiring of to return to teaching full-time and level of PERS contribution.

HB 995 would allow retired Mississippi public school teachers with at least 30 years of service (or 25 years by 2024) to return to full-time teaching while keeping their retirement benefits. It removes a requirement for school districts to split pension contribution costs 50/50 with the state and sets a fixed salary for returning teachers based on their retirement-level pay grade and license type - capped at 125% of standard district rates. School districts must verify teachers hold current licenses, have no pre-existing hiring agreements, and meet performance standards before rehiring. The bill also requires districts to report hires to the retirement system and adjust funding formulas to cover costs. (Note: The bill died in committee and did not become law.)