Working After Retirement
Working for a PEERS-covered employer after retirement can be beneficial. However, if you work for a PEERS-covered employer after retirement, your work is subject to limits. If you exceed a limit that applies to you, it will affect the payment of your retirement benefits. This website contains general information about working after retirement limits. However, when your employer reports to us that you are working after retirement, we will send you personalized information about your limits.
Work for employers not covered by PEERS, or as an independent contractor in accordance with IRS guidelines, is not limited and will not affect your benefits.
If you are a PEERS disability retiree under age 60, visit our Working after Disability Retirement page for the guidelines that apply to you.
To continue to receive your monthly retirement benefits while working at a PEERS-covered employer, you must:
- Terminate all pre-retirement employment
- Maintain a Working After Retirement Record form, which we will mail to you
- Stay within the limit on hours worked
If you don't follow these rules, you will be required to reimburse PEERS for all retirement benefits paid while ineligible, including funds in a PLSO distribution, and pay contributions that would have been required. View our Frequently Asked Questions about working after retirement for answers to some of the questions we are most commonly asked about limits and tracking your work.