Monday, March 28, 2011

Retirement info from the MEA

RETIREMENT

RETIREES OF LEGAL AGE: According to information provided by the Maine Public Employees Retirement System to potential retirees at retirement seminars, as long as a person is of legal age to retire, they can have conversations with their employer about being rehired and they can go back to work immediately after their retirement date.



EARLY RETIREES: The 30-day break in service applies only to those who are seeking early retirement. Early retirees are also prohibited from having conversations with their employer about returning to work prior to their retirement. Early retirees are restricted to 90 days of work per year.



LINKS TO IMPORTANT INFORMATION: Ultimately the best place to get information on these issues is from MPERS. Their website is here and more specific information on retiring and being rehired is here. A much more concise explanation is here.

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