Working After Retirement Restrictions
Which of the following statements are restrictions related to working after retirement?
|You cannot earn any pay without affecting your retirement benefit if you return to work before a 180-calendar day separation from service.||10||7%|
|You cannot earn more than the annual postretirement earnings limit without affecting your CalSTRS retirement benefit.||16||11%|
|You cannot work in a classified position except, under certain circumstances, as a teacher’s aide.||5||3%|
|You can take a job outside of CalSTRS-covered employment.||25||16%|
|All of the above.||96||63%|
|Total number of votes:||152||100%|
The correct answer is “All of the above.”
New requirements regarding the separation from service, or zero dollar earnings limit, are a result of pension legislation under AB 340, or the California Public Employees’ Pension Reform Act of 2013 (PEPRA), passed by the Legislature and the Governor in September 2012.
PEPRA took effect on January 1, 2013 and applies to all new, current and retired CalSTRS members who retire on or after January 1, 2013, regardless of age, for the first 180 days of their most recent retirement.
Learn more about working after retirement and the 180-day separation from service requirement at: