I am retired and receiving monthly retirement benefits from the Connecticut Teachers’ Retirement Board (CTRB). Are there any limitations on the amount of income I can earn as a retiree if I return to Connecticut public school teaching in a Subject Shortage Area or in a school located in a Priority School District designated by the State Department of Education?
You are allowed to work one school year in a Subject Shortage Area or one school year in a school located in a Priority School District without limits on your earnings. If your employing board of education obtains prior approval from the CTRB, your reemployment can be extended for one additional school year without any limits on your earnings.
If I have worked in a Subject Shortage Area or in a school located in a Priority School District for two years and plan to continue, what will happen to my pension?
Your earnings would fall under the 45% reemployment rules for those years worked in excess of two in either a Subject Shortage Area and/or in a public school in a Priority School District.
Must the local school districts pay the maximum salary for the job assignment to a rehired retiree in a Subject Shortage Area or a Priority School District?
Subsection (c) of Section 1 of P.A. 03-232 states that the salary should be at least equal to that of other teachers in the district with similar training and experience.
May I elect to contribute to CTRB during my period of post retirement employment in a Subject Shortage Area or in a school located in a Priority School District?
No. A reemployed retired member may not make retirement contributions or earn any additional retirement benefits for the period of post retirement employment in a Subject Shortage Area or in a public school in a Priority School District.
What happens if I die during the period of post retirement employment?
The Retirement Payment Plan Option (Plan N, C or D) that you elected at retirement remains in effect during your period of reemployment. If you die while reemployed, the amount that would be payable to your beneficiary/beneficiaries will be based on the terms and conditions of the Retirement Application that was filed with this office.