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Meeting Date:
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Category:
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Type:
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Subject:
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10.28 (Item 28) Assembly Bill 948 - STRS Post-Retirement Earnings Limitation |
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LCAP (Local Control Accountability Plan) Goal:
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Enclosure:
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File Attachment:
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Summary:
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Legislation was enacted which authorizes STRS to grant an exemption from the post-retirement earnings limitation of up to two years for members retired from service who are appointmented as a trustee, administrator, or fiscal advisor. STRS may grant post-retirement earnings limitations for up to one-half of the full-time equivalent for the position.
Retired STRS member Michael Potmesil is providing service as the Director of Personnel to cover the vacancy created as the result of a resignation. The District is seeking an exemption to remain in compliance with the rules and regulations governing STRS. |
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Funding:
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Fiscal Impact: |
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There is no fiscal impact to the General Fund. |
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Recommendation
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Approve exemption as presented. |
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Approvals:
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Recommended By: |
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Signed By: |
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Denise Larkins - Administrative Assistant |
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Signed By: |
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Julie Braun-Martin - Assistant Superintendent Elementary |
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Signed By: |
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Steven Lawrence - Superintendent |
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