Working After Retirement
Working for a PEERS-covered employer after retirement can affect the payment of your retirement benefits. If you work for employers not covered by PEERS, or as an independent contractor in accordance with IRS guidelines, these rules do not apply.
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
- Keep a record of your part-time or temporary-substitute work
- 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.
Get a Working After Retirement Record form
Working part-time or as a temporary-substitute
- Limit on work hours
- Pro-rated limit the first year, if you retire in a month other than July
- Record-keeping requirements
- Notifying PEERS when you exceed the limit
- What happens to your benefits if you exceed the limit
Working full-time at PEERS-covered employers
- What happens to your benefits if you work full-time
- Critical Shortage Full-Time Employment Exception