There are limitations that apply to superannuation retirees who work after retirement in positions in local as well as state government. Limitations include:
- Employment may not exceed 1200 hours per calendar year; and/or
- Total earnings per calendar year cannot exceed the difference between the retirement allowance and the current salary of the position from which you retired. After the first full calendar year of retirement, you can earn the difference plus $15,000.
As a retiree, you must cease employment whenever either one of the above two conditions are met. If you wish to continue working, then you must waive your retirement allowance. There are no earnings limitations for superannuation retirees who work in the private sector. Please note, separate earnings limitations apply to members who receive Accidental Disability Benefits.