How much can I earn in a calendar year while drawing an IPERS benefit?
For members who are age 65 and over, there is no IPERS earning limit. For members under age 65, the earnings limit is $30,000 or the current Social Security limit, whichever is higher. A member’s IPERS benefit will be reduced by 50 cents for each dollar the member earns over the earnings limit for the remainder of the calendar year. The earnings limit is determined annually, using the calendar year. The limitation on earnings does not apply to members who are elected to public office.
