After a six-month break, a TSERS retiree may return to work in a position that requires TSERS membership. The retireeās monthly retirement benefit must be suspended on the first day of the month following the month of re-employment. The retired member must be re-enrolled in TSERS and become a contributing member in the month that he or she is restored to membership service. (If TSERS retiree returns to membership service under the Consolidated Judicial Retirement System, the memberās TSERS retirement benefit will also be suspended.)
If the member returns to service and contributes for at least three years or more, at the time the member terminates the second period of employment, the member will have the following choices:
- Combine service from the first and second periods of employment to create one monthly retirement benefit. The member can change the retirement payment plan and/or beneficiary the member selected at the time of his or her original retirement. (Note: If Option 4 was elected for the first retirement, the Retirement Systems Division must actuarially adjust benefits when the member retires again.)
- Reinstate the first retirement account and withdraw his or her contributions only from the second account.
If the member returns to service and contributes for less than three years, at the time the member terminates the second period of employment, the memberās first retirement benefit will be reinstated, and the member will have the following choices for his or her second retirement account:
- Apply to receive a second (generally smaller) monthly benefit based on the second period of employment
- Withdraw his or her contributions from the second account
- Leave the second account open
This page was last modified on 07/16/2024