Mobile Teachers' Retirement Assistance Act

Summary

Mobile Teachers' Retirement Assistance Act - Expresses the findings of Congress that the transfer of teachers between State schools is impeded by the possibility of forfeiture of retirements, and that the resulting immobility hinders the growth of new communities. Sets forth the terms and definitions of this Act. Specifies the requirements which a State retirement system must meet to receive Federal financial benefits under this Act. Provides that the Federal contribution to each qualified State system for each retiring teacher's out-of-State service shall be 50 percent of the total cost, as determined by the retirement system at such teacher's age on date of retirement. Contributes to the State retirement system an additional 2 percent of the Federal amount under this Act for the costs of administration. Authorizes appropriations for the fiscal year 1974 and each succeeding year of amounts necessary to effectuate this Act.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 21 May 1974

   Introduced

   Referred to House Committee on Education and Labor.

   Source: IntroReferral

2. 21 May 1974

   Introduced

   Introduced in House

   Source: IntroReferral

3. 21 May 1974

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in House

  summary · EN · 21 May 1974

  Open at official source

Sponsors

• Rep. Maraziti, Joseph J. [R-NJ-13] · R · Sponsor
• · hsed00 · Standing

Related records

• related to → Mobile Teachers' Retirement Assistance Act