Pro-Rated Working After Retirement Limits the Year You Retire

If you retire in a month other than July, the working after retirement limits are applied on a pro-rated basis for the rest of that school year.

  • Pro-rated limits apply only during the school year you retire.
  • When the new school year begins July 1, the limits are increased to the full amount and remain at that level for future school years.
  • Limits are per school year at all covered employers.

Example

If Jane retires January 1, she can begin working February 1. If she returns to work for a PSRS-covered employer in a certificated position, she is limited to 275 hours and 25% of salary through June 30, the end of the school year. When the new school year begins July 1, her limits are increased to the full 550 hours and 50% of salary.

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