Pro-Rated Working After Retirement Limits

If the retirement date is in a month other than July, the 550-hour limit, and for PSRS retirees the 50% of salary limit, is applied on a pro-rated basis for the rest of that first school year.

  • The pro-rated limits apply only during the school year in which the member retired.
  • When the new school year begins July 1, the limits are increased to the full limits and remain at those levels for future school years.
  • Limits are per school year (July 1 - June 30), at all covered employers.

Example

If Jane retires January 1, she can begin working February 1, but is limited to 275 hours (and if she is a PSRS member, 25% of salary) through June 30, the end of the school year. When the new school year begins, the limit(s) returns to the full 550 hours (and 50% of salary for PSRS members.)

Pro-Rated Hours and Salary Limits During First School Year After Retirement
Retirement Date Maximum Hours PSRS and PEERS Retirees Can Work During the School Year PSRS RETIREES ONLY
(Maximum Percent of Full-Time Salary PSRS Retirees Can Earn for the School Year)
   July 1 550 50%
   August 1 504 46%
   September 1 458 42%
   October 1 413 38%
   November 1 367 33%
   December 1 321 29%
   January 1 275 25%
   February 1 229 21%
   March 1 183 17%
   April 1 138 13%
   May 1 92 8%
   June 1 0 0%