Heading back into the classroom
August 10, 2018
With the dog days of summer upon us, you may be thinking about heading back into the classroom to earn a bit of extra money. Or maybe, you just miss being in a school environment.
Here are three questions you need to ask yourself if you decide to go back to work, either on a paid or volunteer basis:
Does the work I’m doing count as re-employment?
It’s not just teaching that counts. Any service you provide to an employer who participates in the pension plan, for which you are entitled to get paid for, is considered re-employment. If you’re not sure, call our Member Hotline (1-800-668-0105)
How close am I to the limit?
If you plan to work past the end of the month in which you hit the limit, let us know. We’ll suspend your pension the following month.
All suspended pensions will automatically resume either on September 1st, or the month in which you have no re-employment service (whichever comes earlier).
How will I stay on top of my days?
It’s up to you to track your re-employment and inform us if you exceed the limit.