Initiating body:	State University Retirement System
Contact:	Office of Human Resources 438-8311
Revised on:	01/2002

3.1.28 Rehiring of Retirees

Policy

The employment of retirees of the State Universities Retirement System shall be subject to the following:

• Applicable provision of Article 15 of the Illinois Pension Code

Retired employees returning to work with an employer covered by the State Universities Retirement System (SURS), must notify SURS immediately, because their earnings are subject to the following limitations:

• An annuitant may not be employed by an employer covered by SURS until he/she has been retired for at least 60 days.
• If the annuity payments began at age 60 or later, the earnings from a SURS employer during any academic year after retirement, combined with the annual base annuity from SURS, may not exceed the highest earnings during any academic year before retirement.
• If the annuity payments began before the employee reached age 60, the earnings from a SURS employer  may not exceed the employee's base monthly gross annuity.

Earnings limit information will be forwarded to the employee upon completion of the retirement claim.  If the above requirements are not satisfied, the annuity may be reduced or suspended.

There is no limitation on post-retirement earnings if the employee returns to work with an employer who is not covered by SURS.

If an employee retired under reciprocity from another state retirement plan, he or she should contact SURS and the other retirement system about each plan's respective earnings limitation.