Human Resources Administrative Practice Manual:
Employee Benefits & Services
Employment Beyond Retirement
|Official Title||Policy on Employment beyond Retirement|
|Abbreviated Title||Employment beyond Retirement|
|Responsible Office||Human Resources|
|Originally issued||March 11, 1987|
|Revised||April 2002, January 2008|
When an individual retires from the University System of Georgia and is receiving benefits from the Teachers Retirement System of Georgia (TRSGA) or the Optional Retirement Plan (ORP), he/she shall not be re-employed by the University System with the prior approval of the hiring institution’s president. (See BOR Policy Manual regarding Retirement Policy)
Reason for Policy
This policy ensures consistency among institutions of the University System as necessary and clarifies that TRSGA approval is also required for those TRSGA retirees who choose to return to work.
Entities Affected By This Policy
All units of the University System of Georgia are covered by this policy; any retiree of the USG or any person receiving retirement benefits from TRSGA and ORP who chooses to return to work with the University System of Georgia is also covered by this policy.
Who Should Read This Policy
All Human Resources personnel within the University System of Georgia should be aware of this policy; USG retirees and person’s receiving retirement benefits from TRSGA and ORP who may be considering a return to work with the University System of Georgia.
|Associate Vice Chancellor for Total Rewardsfirstname.lastname@example.org|
|Institution Chief Human Resources Officers||See University System HR Officer Listing at http://www.usg.edu/hr/officers/|
Website Address for This Policy
These definitions apply to these terms as they are used in this policy:
Board of Regents: The governing body of the University System of Georgia
Retiree: Any person who has retired from the University System of Georgia under the criteria established in BOR Policy Manual regarding Retirement Policy and any person who has retired and who is receiving retirement benefits from TRSGA
This policy establishes parameters within which a retiree of the University System of Georgia may return to work within the University System of Georgia, including limitations that may be necessary for compliance with the policies of the Teacher’s Retirement System of Georgia.
An individual, who has retired from the University System of Georgia and is receiving benefits from the Teachers Retirement System, the Employees Retirement System, or the Regent’s Retirement Plan, may be eligible for reemployment on a part-time basis, by the University System. Reemployed of USG retirees by the University System of Georgia must fall under the following conditions:
- The reemployment of a University System of Georgia retiree must be approved by the hiring institution’s president. Institution’s must submit a copy of their hiring and approval procedures to rehire USG retirees to the Office of Faculty Affairs;
- A rehired retiree must have a minimum break of at least one month between the effective date of his/her retirement and the effective date of his/her reemployment;
- The work commitment of a rehired retiree must be less than half-time; i.e., less than 49%;
- The salary that is paid to a rehired retiree must be either:
- No more than 49% of the annual benefit-base compensation amount that he/she was earning at the time of his/her retirement, with consideration for the average merit increase percentages that have been applied since the employee retired, or;
- No more than 49% of the average compensation for the position into which the retiree is being hired based on the institution’s existing compensation plan, or, if not applicable, the average compensation of existing or previous incumbents; or;
- No more than 49% of a reasonable market competitive rate for the position into which the retiree is being rehired as determined by the institutional chief human resources officer; and
- The salary that is paid to a rehired retiree must be consistent with his/her work commitment (BR Minutes, April 2002; November, 2007; October 2008).
The responsibilities each party has in connection with the Policy on Employment beyond Retirement are:
|Associate Vice Chancellor for Life and Health Benefits||Provide guidance to institution human resources officers on re-hiring a retiree after retirement, serve as a liaison to TRS as appropriate. Communicate information to campuses regarding changes, limits and TRS requirements specific to retirees returning to work.|
|Institution Chief Human Resources Officers||Ensure compliance with policy, establish institutional business processes to ensure compliance; communicate requirements to retirees who are returning to work.|