550-Hour Limit

• All employment with PSRS-covered employers counts toward this limit.
• Hours volunteered while also serving in a paid position for the same employer may count toward this limit.
• Hours worked or volunteered as part of a retirement incentive count toward this limit.

50% Earnings Limit

• Determined by the employer based on the annual full-time salary payable for the position.
• If a retiree fills more than one position, the earnings limit is based on the annual compensation of the highest paid position in which he or she works for at least 20% of the total hours worked during the year.
• All compensation, including insurance benefits, counts toward the earnings limit.  
• The earnings and insurance benefits received as part of a retirement incentive count toward the earnings limit.

• Working full-time after retirement for a PSRS/PEERS-covered employer results in the suspension of retirement benefits.
• Benefits resume the month after the retiree's employment ends or when a new school year begins on July 1.
• Unless working under the Critical Shortage Full-Time Employment Exception, the retiree must start a new membership, pays contributions and earns service.
• The employer must notify PSRS/PEERS and withhold/pay contributions for the employee.