After a one-month break, if an LGERS member returns to work with an LGERS employer on a part-time, interim, temporary, or contractual basis in a position not eligible for LGERS membership, the member will be subject to earnings restrictions.
View Current Earnings Limitations
The dollar amount limitation is adjusted annually according to the Consumer Price Index, which is a national measure of increase in the cost of living from one year to the next. These earnings restrictions apply for the 12 months immediately following retirement and for each calendar year following the year of retirement.
If the retired member plans to work under the earnings limitations with an employer participating in LGERS, the member should contact the Retirement Systems Division before starting the new job in order to have the exact earnable amount calculated.
If the member exceeds his or her earnings limitation, the member’s retirement benefit will be suspended the first day of the month following the month in which the member exceeds the limit for the remainder of the calendar year. The member’s retirement payment will start again on January 1 of the year after his or her benefit is suspended. If the member’s earnings exceed the allowable amount in the month of December, the member’s benefit will not be suspended.
This page was last modified on 07/16/2024