Working 1,040 Hours or More
If you are a Tier One or Tier Two retiree receiving a monthly retirement allowance and you return to public employment and work 1,040 hours or more in a ,
your PERS retirement benefits will cease. You will re-establish your Tier One or Tier Two member account subject to certain adjustments for benefits paid and will be credited with any applicable earnings until you retire again. PERS will stop your retirement benefits as of the first of the calendar month following the date you exceeded the limit. You cannot exceed the limit, stop working, wait for the new calendar year, and expect to work fewer than 1,040 hours. For example: If you work 1,050 hours by the middle of December, you will become an active member on January 1 and your benefits will cease. The clock does not start over with the turning of the calendar year if you have exceeded the limit. You will have to separate from covered employment and re-apply for retirement if you want to restart retirement benefits. You will receive your last benefit payment on the first of the month following the month in which you exceeded the limit.
When you subsequently leave employment, you may re-apply for retirement benefits. When you re-retire, you are subject to the laws and administrative rules in place at that time.
Should you violate the 1,040-hour limit within the first six months following your retirement and those hours occurred within a calendar year, you must repay all retirement benefits you received.
Related topics:
Exceptions to the 1,040-Hour Limit
Retirees Serving As Elected or Appointed Officials
Social Security and the 1,040-Hour Limit
Twelve calendar months commencing on January 1 and ending on December 31.,
your PERS retirement benefits will cease. You will re-establish your Tier One or Tier Two member account subject to certain adjustments for benefits paid and will be credited with any applicable earnings until you retire again. PERS will stop your retirement benefits as of the first of the calendar month following the date you exceeded the limit. You cannot exceed the limit, stop working, wait for the new calendar year, and expect to work fewer than 1,040 hours. For example: If you work 1,050 hours by the middle of December, you will become an active member on January 1 and your benefits will cease. The clock does not start over with the turning of the calendar year if you have exceeded the limit. You will have to separate from covered employment and re-apply for retirement if you want to restart retirement benefits. You will receive your last benefit payment on the first of the month following the month in which you exceeded the limit.