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Human Resource Policy Manual
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Section: |
Employment |
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Subject: |
Employment of State Retirees |
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Policy: |
Compliance |
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Code: |
306 |
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Issued: |
8/9/02 |
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Association Adoption: |
5/6/04 |
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Association Effective Date: |
6/10/043 |
Policy - A state retiree may not be hired without prior approval under Section 212 or 211 of the Retirement and Social Security Law. If the individual’s anticipated yearly salary will exceed the maximum allowable earnings set under Section 212, approval must also be obtained under Section 211 of the Retirement and Social Security Laws. Each hiring supervisor at the Association should be aware of the need to obtain prior approval to employ a state retiree.
Purpose - The New York State Employees’ Retirement System allows Associations to hire state retirees with approval from the Association’s Executive Director. If this approval is not obtained, the retirees may lose or have reductions made in their retirement benefits. The need to obtain approval applies to those paid through normal payroll channels and, in some instances, to those compensated as independent contractors or consultants. Such approvals must be on file at the Association. These approvals contain statutory limitations on the amount that may be earned. Failure to comply with the earning limitations may result in the loss, suspension or diminution of the individual’s retirement benefits.
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