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126th MAINE LEGISLATURE |
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LD 39 |
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LR 742(02) |
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An Act To Expand
the Number of Qualified Educators |
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Fiscal Note for
Bill as Amended by Committee Amendment "A" |
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Committee: Appropriations and Financial Affairs |
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Fiscal Note Required: Yes |
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Fiscal Note |
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No net fiscal impact - Local School Administrative Units |
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Fiscal Detail
and Notes |
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Allowing certain
teachers, defined as classroom-based employees, who have reached normal
retirement age and who retired after September 1, 2011 to be restored to
service as classroom-based employees at 100% of the compensation established
for the position to be filled for up to a maximum of 5 years with a school
administrative unit effective August 1, 2014 will have no net fiscal impact
on local school administrative units. |
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When limitations
on conditions of restoration to service after retirement were enacted in 2011
no costs or savings were budgeted. It
was assumed that limiting compensation to 75% would deter some retirees from
returning to work and those positions would have to be filled by replacement
workers. The State and school
administrative units would have to pay health insurance costs and retirement
costs for new replacement workers, which would offset the savings from the
25% reduction in compensation for those who would return at the lower
pay. |
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The additional
costs associated with the working group are expected to be minor. |
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