1. I retired this past June and was planning to return to work in the school years immediately following my retirement. Does this mean I lose a year to work up to 95 days?
Yes, but you will be able to work longer than 20 days for re-employment service beyond three years without affecting your pension. With the new rules becoming effective Sept. 1, 2012, you will only be able to return to work for 50 days in your third year (2012/13 school year). Beyond that, your limit increases to 50 days from 20.
2. Can I work for 95 days up to the end of 2012, or does my ability to do so expire on Sept. 1?
Re-employment days are counted on a school-year basis. Therefore, if you are within your first three years of re-employment, the 95-day provisions expire on Aug. 31, 2012. You will have up to 50 days to work after retirement from Sept. 1, 2012 to Aug. 31, 2013.
3. Do I have to do anything differently once the new rules become effective?
No. If you provide services for an employer that participates in the Teachers' pension plan, your responsibilities will remain the same as they are today:
Let your employer know you are collecting a pension when you accept a job.
Track the number of days you work.
If you work after the month in which you exceed the limit, notify us. We will suspend your pension for as long as you work, even if you work for only part of a day.
4. My employer hires retired teachers through a third party. Do re-employment rules now apply for these types of employment arrangements?
Re-employment rules have always applied to these types of work arrangements that involved teaching. The expanded definition of "re-employed pensioner" now includes all re-employment, teaching or non-teaching, whether done on an employment, self-employment or third-party basis.
5. What kind of work counts toward the limit?
Any re-employment for which you are entitled to compensation counts toward the limit. If you work as a volunteer and the position or duty is normally compensated, you and your employer can’t forgo payment to circumvent re-employment rules.
6. What counts as a day?
If you are hired on a part-time basis, days count in direct proportion to your contract percentage. For example, if you are on a 33% contract and work one-third of a day, three days would count as one day of re-employment.
If you are paid by the hour, or hired for a specific task, check with your employer to determine what constitutes a working day for someone in that position.
Also, be sure to include paid non-working days such as sick days and professional development days when tracking your re-employment service.