§ 13-24.4. Reemployment after retirement.  


Latest version.
  • (a)

    Reemployment by an employer other than the city. Any retiree who is retired under this system, except for disability retirement as previously provided for, may be reemployed by any public or private employer, except the city, and may receive compensation from that employment without limiting or restricting in any way the retirement benefits payable under this system. Reemployment by the city shall be subject to the limitations set forth in this section.

    (b)

    After normal retirement. Any retiree who is retired under normal retirement pursuant to this system and who is reemployed by the city in any capacity, shall upon being reemployed, continue receipt of retirement benefits during any such employment period if the retiree is at least sixty-two (62), otherwise the system shall discontinue receipt of benefits until the retiree reaches age sixty-two (62). A retiree who returns to work under the provisions of this section shall not be eligible for membership in this system, and, therefore, shall not accumulate additional credited service for subsequent period of employment described in this section, shall not be required to make contributions to the system, nor shall the retiree be eligible for any other benefit other than the retiree's normal retirement benefit. Former DROP participants shall begin receipt of benefits under these circumstances.

    (c)

    After early retirement. Any retiree who is retired under early retirement pursuant to this system and who subsequently becomes an employee of the city in any capacity, shall discontinue receipt of benefits from the system until the earlier of termination of employment or such time as the reemployed retiree reaches age sixty-two (62). A retiree who returns to work under the provisions of this section shall not be eligible for membership in the system, and, therefore, shall not accumulate additional credited service for subsequent periods of employment described in this section, shall not be required to make contributions to the system, nor shall the retiree be eligible for any other benefit other than the retiree's early retirement benefit when the retiree again becomes eligible as provided herein. Retirement pursuant to an early retirement incentive program shall be deemed early retirement for purposes of this section if the member was permitted to retire prior to the customary retirement date provided for in the system at the time of retirement.

    (d)

    Reemployment of terminated vested persons. Reemployed terminated vested persons shall not be subject to the provisions of this section until such time as they begin to actually receive benefits. Upon receipt of benefits, terminated vested persons shall be treated as normal or early retirees for purposes of applying the provisions of this section and their status as an early or normal retiree shall be determined by the date they elect to begin to receive their benefit.

    (e)

    DROP participants. Members or retirees who are or were in the deferred retirement option plan shall, following termination of employment after DROP participation, have the options provided for in this section for reemployment.

(Ord. No. O-10-18, § 1, 7-26-10; Ord. No. O-17-25 , § 10, 10-23-17)