Under existing law, a member retired for service may earn compensation for creditable service in any one school year up to $15,000, as adjusted, without a reduction in his or her retirement allowance. If a member retired for service earns compensation for creditable service in excess of that amount, his or her retirement allowance is reduced by the amount of the excess compensation.
This bill would provide that the earnings paid to a member who retired from service on or before July 1, 2000, and who is employed by a school district to provide direct remedial instruction, as defined, to pupils in grades 2 to 12, inclusive, are exempt from the above provisions if certain other conditions are met.