Retired academic and staff employees’ salaries, upon reemployment, must be within the limits set by the State Universities Retirement System (SURS).
On June 1, 2000, the Board of Trustees adopted the following policy:
Effective July 1, 2000, the University’s policy regarding reemployment of retired academic and civil service staff members should be changed to mirror SURS policy and apply to all reemployed retirees of the University.
The SURS policy for reemployed retirees stipulates the following:
- For employees who retire after age 60, in any academic year, a reemployed retiree’s earnings, plus the annual base annuity from SURS, cannot be greater than his/her highest earnings during any academic year before retirement.
- For those persons who retire before age 60, a monthly earnings limit applies: the monthly earnings cannot exceed the base monthly gross annuity in any one-month period.
NOTE: A retiree may not return to employment for an employer covered under SURS for at least 60 days after the retirement date.
This policy does not change in any way the regular and existing University decision-making processes with regard to the employment of retirees. Any exception to the above policy may result in a reduction or suspension of the retiree’s SURS annuity.
Further questions regarding the application of this policy to academic staff should be directed to the Office of Academic Human Resources, (217) 333-6747. Questions in this regard concerning staff employees should be referred to the Staff Human Resources Office, (217) 333-3101.