Includes pay for extracurricular activities in compensation for TPAF purposes.
This bill amends the definition of compensation for purposes of the Teachers’ Pension and Annuity Fund (TPAF) to include additional pay for performing extracurricular duties beyond the regular school day or the regular school year. Extracurricular duties include, but are not limited to, preparation for and involvement in public performances, contests, athletic competitions, demonstrations, displays, and club activities. This additional pay is currently not included in the definition of compensation for pension purposes.
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