Thursday, August 1, 2019

State policies govern pension plan participation by charter school employees

In Texas, employees of open-enrollment charter schools are eligible for membership in the Teacher Retirement System of Texas.
"States differ regarding their inclusion of charter school employees in public pension plans," according to a July 31 tweet by the National Association of State Retirement Administrators. "In some states, it is mandatory that these employees participate in the state system while in other states, it is available as an elective option."
In Texas, state law requires mandatory membership in TRS if an employee of an open-enrollment charter school is working in a full-time position.
Click here to compare other state policies governing pension plan participation by charter school employees in a document compiled by NASRA.

No comments:

Post a Comment