Re-Employment After Retirement
Re-Employment After Retirement
Helpful information specifically for retirees working in temporary positions with North Carolina State Agencies.
Looking for part-time work during retirement? Look no further than temporary employment with the State of North Carolina! Our Agency partners offer flexible work schedules, competitive hourly rates and the opportunity to make a positive difference in our great State. More, Temporary Solutions is here to help you through each step of the process – from finding a job to onboarding and timekeeping to payroll! Here are some important things to keep in mind as you consider re-employment after retirement.
Retired Members of the Teachers’ and State Employees’ Retirement System (TSERS) Only
If you retired with benefits from the Teachers’ and State Employees’ Retirement System (TSERS), you must be retired for at least six months before performing work as a temporary employee with North Carolina state government. There is a financial penalty for returning to work for a TSERS employer, which includes all North Carolina State Agencies employing temporaries through Temporary Solutions, during the six months immediately following TSERS retirement.
Workers, including rehired retirees, who average 30 or more hours per week are deemed “full-time” by the Affordable Care Act (ACA). Rehired North Carolina state government retirees typically work 29 or fewer hours on average per week because full-time worker status affects their retiree health care benefits.
After meeting the six-month return-to-work requirement, rehired North Carolina state government retirees are allowed to annually earn whichever is greater:
- 50% of your gross pre-retirement salary (excluding termination payments) or
- $40,980 (2024 amount)
Earnings Limits for All Re-Employed Retirees
Re-employed retirees may be subject to earnings limits with the Social Security Administration and/or their previous employer. Please consult with these entities before returning to the workforce.