Revive High-Need Retired Teachers Program.

SB 441 revives and expands a program allowing retired teachers to return to work in high-need North Carolina schools without losing their retirement benefits. The bill requires school districts to certify these teachers to the retirement system annually and mandates monthly reports on their employment terms and pay. Retired educators rehired under this program retain their full retirement allowance, and school districts must cover employer health insurance premiums for them. This directly affects retired teachers returning to high-need schools, school districts hiring them, and the state retirement system’s benefit calculations. The program expires June 30, 2027, unless IRS status is jeopardized, triggering automatic repeal.