Communication Corner | eBlast – Rehired Retiree Waiver Extension

eBlast – Rehired Retiree Waiver Extension

Audience: Employers

Product: Defined Benefit, Hybrid

Contacts: Primary, HR

Date Sent: 10/6/22

Format: Email

Description: A notice was sent to primary and HR contacts at municipalities with defined benefit and hybrid letting them know the the MERS Retirement Board has extended the waiver on the requirement that rehired retirees with a MERS DB Plan can work a maximum of 1,000 hours in a calendar year. The waiver is now in effect until 12/31/2027. Employers are asked to continue reporting rehired retirees through the Working in Retirement Certification form.

Sample: A sample of the eblast can be found here.

Disclaimer: The information contained in this Web site is being made available as a public service. The information is not intended to constitute legal, tax, accounting or investment advice, or to replace official versions of that information. Benefit Estimates or Service Credit Purchase estimates requested through this Web site are not official descriptions of any benefits, and do not represent a promise by MERS to provide any benefit(s) to any person(s). No one can detrimentally rely upon the information provided in, or requested through this Web site. MERS reserves the right to correct any errors, and presents this information without warranties, express or implied, regarding the information's accuracy, timeliness or completeness. If you believe the information is inaccurate, out-of-date, or incomplete, or if you have problems accessing or reading the information, please call MERS at 800.767.6377.