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What are the SURS limitations for Reemployed Retirees?

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What are the SURS limitations for Reemployed Retirees?

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• A retiree may not return to employment for an employer covered under SURS for at least 60 days after the retirement date. • For employees who retire before age 60, a monthly earnings limit applies. The monthly earnings cannot exceed the base monthly SURS gross annuity in any one-month period. • For employees who retire after age 60, in any academic year in which you are returning to work, your earnings, plus the annual base annuity from SURS, cannot be greater than your highest earnings during any academic year before retirement. In other words, you may not earn more than you earned before you retired. Note: This policy does not change in any way the regular and existing University decision-making processes with regard to the employment of retirees. Any exception to the above policy may result in a reduction or suspension of the retiree’s SURS annuity.

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