Retirees of the Public Employees' Retirement System (PERS) and the Public Safety Employees' Retirement System (PSERS) are generally able to work up to 867 hours per year in a position covered by any of the state's pension systems while receiving a retirement benefit. A retiree that works more than 867 hours is reinstated as an active member and their retirement benefit ceases.
Members of PERS Plans 2 and 3 have a normal retirement age of 65 and may retire as early as age 55 with a reduced benefit if they meet service credit requirements. Members of PSERS with more than ten years of service have a normal retirement age of 60, and may retire as early as age 53 with a reduced benefit if they meet service credit requirements.
Until July 1, 2026, PERS and PSERS retirees may work for a state agency for up to 1040 hours per year in a non-administrative position as a licensed nurse while continuing to receive a pension benefit.
Senate | 41 | 7 | |
House | 87 | 11 |
April 14, 2023