I am a recent retiree of the University/State of North Carolina (TSERS or LEORS). May I return to University employment in a non-student temporary capacity?

Recent retirees from the State retirement system (Teachers’ and State Employees’ Retirement or Law Enforcement Officers’ Retirement Systems) may not return to State employment (in any capacity) until six (6) months have elapsed from the effective date of retirement. Please refer to the following policy language for clarification: ‘A six-month period during which no work is performed for an employer in the Teachers’ and State Employees’ Retirement System must immediately precede a return to employment. A return to work earlier than six (6) months will revoke your retirement benefit retroactively to your retirement date and all benefits paid to you must be repaid to the retirement system. Establishing a pre-existing agreement for post-retirement employment with an employer of this system is prohibited and will cause retroactive revocation of retirement benefits, as well.
 
Following a six (6) month waiting period, if you are reemployed on a contractual, interim, part-time, or temporary basis, or are otherwise engaged to perform services on any basis that does not require membership in the retirement system, your retirement payment will be stopped if your earnings during the twelve (12) month period immediately following the effective date of retirement or during any calendar year exceed your earnings limitation – which is calculated as the greater of the following: a) $28,080; or b) 50% of your compensation, excluding termination payments, reported to the Retirement System during the twelve (12) months of service preceding the effective date of retirement. Note: the above amounts are increased on January 1st of each year by the percentage increase in the Consumer Price Index - a national measure of the increase in the cost of living from one year to the next.
 
Additionally, returning retirees must complete a Retired Employee Statement form as part of the on-boarding processes.
FAQ Category: