If I terminate from a position covered by the Coordinated Plan and want to collect my retirement benefit, can I begin working in the Correctional or P&F Plan immediately?
No, you need the 30-day break from ALL PERA plans. If you begin collecting benefit payments from the Coordinated Plan and have a 30-day break, then begin work covered by either the Correctional or Police and Fire Plan, you would be subject to earnings restrictions and no salary deductions would be paid to PERA.
Related Questions
- If I terminate from a position covered by the Coordinated Plan and want to collect my retirement benefit, can I begin working in the Correctional or P&F Plan immediately?
- My spouse has health benefit coverage under her employer. Can I deduct the eligible expenses that are not covered by her plan under my PHSP?
- Does the Retirement Board’s proposed plan include the elimination of the $1,000 lump-sum death benefit?
