Stand Up For Students Act 2016-06-09 Introduced in House Stand Up For Students Act

This bill amends the Elementary and Secondary Education Act of 1965 (ESEA) to limit the use of ESEA funds for contributions to teacher retirement or pension systems in excess of the normal cost of benefits for an applicable plan year.

Specifically, the bill prohibits a state from requiring a local educational agency to use ESEA funds to make such excess payments to a teacher retirement or pension system. However, this limitation shall not apply to a system for a given plan year if the system certifies that, with respect to the plan year, the ratio of the value of the system's assets to its accrued liability exceeds 50%.

]]> text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.