AFTER RETIREMENT – RETURNING TO WORK

 Once you retire and begin receiving pension payments you cannot lose your pension. Payments will be suspended, however, for certain months during which you work in Covered Employment or industry employment, as described below:

If you are under age 62, your pension will be suspended for all of the     months during which you work one (1) or more hours in Covered Employment or in industry employment; or

If you are age 62 or older, your pension will be generally suspended for months during which you work more than 40 hours in Covered Employment or industry employment. There is one exception to this rule. You may work up to 80 hours per month during the months of May through October of each calendar year and your pension will not be suspended for those months. However, prior application to return to work is required and must be approved by the Board of Trustees. 

Pension payments will resume when you discontinue such employment. 

Contact the Fund Office for specific information if you are contemplating returning to work.