What: See below
Action Required: None, unless you rehire a retired employee collecting a MERS DB pension
Key Dates: Waiver is extended through 12/31/2027
Impacted Audiences: Retired defined benefit participants returning to work at the same employer they retired from
For More Information: Contact the MERS Service Center at 800.767.6377
Key Information:
To assist employers with filling open positions due to labor shortages or increased needs arising from COVID-19 related factors, there will be a temporary adjustment to MERS rehired retiree requirements. Retirees who return to work due to employer need will not have their pension benefits suspended if they exceed the 1,000 hour limit. This waiver has been extended and will now expire as of 12/31/2027. The bona fide separation of 60-days is applicable and a Working in Retirement certification (form 29c) is required to be on file.