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New Regulations Effective July 1, 2010
Termination of Employment and Working After Retirement

Effective July 1, 2010, changes will apply to PEERS regulations governing termination of covered employment and working after retirement.

The IRS rules state that retirement systems must require a clear separation of service between the termination of employment and post-retirement work. These new regulations help PEERS accomplish this goal by establishing a clear definition of termination of employment. They also provide further direction to members who work for PEERS-covered employers after retirement.  Read More...

The "Critical Shortage" Full-Time Employment Exception

Retirees may work full-time for up to two years at school districts that have declared a critical shortage of employees, without losing PSRS/PEERS benefits. See the section of your Member Handbook entitled, "The Critical Shortage Full-Time Employment Exception" for more information.

Please refer to your Member Handbook or your Working After Retirement Brochure for more information.

 

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