AN ACT RELATING TO EDUCATION -- TEACHERS' RETIREMENT

HB 7459 would change the retirement eligibility rule for public school teachers from a "Rule of 95" to a "Rule of 93." Under the current rule, teachers must reach an age plus years of service totaling 95 to retire early; this bill lowers that threshold to 93. The change would allow eligible teachers to retire sooner if their age plus years of service equals 93 instead of 95. This directly affects teachers covered under the state's existing retirement statutes for public education employees.