Return to COAERS HomepageCity of Austin Employees' Retirement System

 

COA ERS photo of people

Frequently Asked Questions

About COA ERS
Member Information
Forms
Calculators
Publications
Calendar
Agendas
Board of Trustees
COA ERS Staff
Links

If I retire from COA ERS, can I get a job at the City?

State law places restrictions on Members who retire from the System and then return to work for the City of Austin. The retirement allowance of a retired Member will be suspended if the Member is employed by the City for at least six months in any consecutive 12 calendar months and works, is budgeted for, or is compensated for more than 29 hours in a calendar week. When the Member again retires, the Retirement System will compute the Member’s retirement benefit based on service before and after the initial retirement. The resulting benefit will be actuarially reduced to reflect the value of the benefits received before the Member resumed full-time employment with the City. The retirement option and the survivor beneficiary, if applicable, designated at the time of the original retirement date remain the same as previously selected. There are no restrictions placed on Members who retire from COA ERS and work for participating systems of the Proportionate Retirement Program or the Travis County Healthcare District/New Corporation (see Proportionate Service). For a complete copy of the Retirees Working for the City of Austin Policy, please click here.

Creditable Service/Membership  |  Contributions   |  Proportionate Service   |  Service Purchases
Retirement   |  Lump-Sum Payments   |  Retirees Working for the City of Austin   |  Retiree Health Insurance
Leaving City Employment   |  Other Information

The Frequently Asked Questions document is intended to provide general information to Members. Member specific questions should be directed in writing to the COA ERS Staff. If there is any difference between the information provided in this document and the law or policies that govern COA ERS, the law and policies will govern.

Home  |  About  |  Member Info  |  Forms  |  Calculators  | Publications |  Calendar
Agendas  |  Board of Trustees  |  Staff  |  Links  |  Disclaimer
Copyright © 2005 COA ERS. All Rights Reserved. Design by AustinWebDesign.