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Session: State Capitol, Room 501 Juneau, AK 99801-1182 Phone: (907) 465-4843 Fax: (907) 465-3871 Send E-Mail Interim: 716 W 4th Avenue, Suite 410 Anchorage, AK 99501-2133 Phone: (907) 269-0181 Fax: (907) 269-0184 |
| For Immediate Release: April 18, 2000 | |
| Contact: | Representative Con Bunde at (907) 465-4843. |
Juneau -- The Alaska Senate Tuesday passed House Bill 236, sponsored by Representative Con Bunde (R-Anchorage).
HB 236 gives teachers who work more than 50-percent of the time, but not full-time, retirement service credit based on time worked. Currently, teachers working more than 50-percent of the time, but less than full-time, receive only one-half service credit for time worked. They do not get full value for the retirement dollars they contribute to the system. HB 236 will give these teachers retirement credit based on time worked.
"Alaska is facing a serious shortage of teachers in the coming years," Bunde said. "Hopefully, this change will encourage retired teachers to come help out in our schools, knowing they'll now receive retirement credit proportional to the time they work."
House Bill 236 passed the Senate unanimously.
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