Uncertain times call for out-of-the-box solutions for employers and retirees. MPERS has seen an uptick in MoDOT and MSHP retirees returning to work, post-retirement.
What happens to your monthly benefit payment should you return to work for the state of Missouri? Well, in short, it depends.
If you return to work in a non-benefit-eligible position, you will continue to receive your monthly MPERS benefit, regardless of whether you retire under the Closed Plan, Year 2000 Plan, or 2011 Tier. Non-benefit-eligible positions typically are those that require less than 1,040 hours per year.
If you return to work in a benefit-eligible position, the plan you retired under and where you work determines what happens to your monthly benefit payment.