In a few years, sooner rather than later, I have the option to retire... in December. Besides finding a replacement, anything else I should consider retiring mid-year?
I would stay until June, but after covid teaching and being hosed by my district, I am ready to be done.
Re: Retirement -
Posted by Perspective on 11/2/2021, 8:28 am, in reply to "Retirement -"
I retired in May. I want to return to teaching full time. Had I retired before January of this year, I could be teaching full time and still collect retirement. Should have done that but did not know the rule.
have to have been retired and not teaching/collecting a district salary that is reported to TRS for "one" calendar year before you can be considered for "retire/rehire". Not sure how you could be teaching right now if you had retired before January. Also, if you retired before January you probably would not have completed enough days of your contract to retire before January.
If you retired before Jan 1, 2021 no more waiting. If your retire after Jan 1, 2021 only a one calendar month break before you can be considered for retire/rehire if I read it quickly because I scanned it pretty fast during a break.
You are correct. I misread when I scanned it during a break in my day and posted too quickly. I realized it later and ask Steve to delete them in an email I sent but he must have missed it. The very first thing on that link said "Important Legislative Changes" which lead to my misreading.
The major changes in this document are as the OP stated; if retired before Jan 1, 2021 you do not have wait a calendar year but only one month. The other is that a district can no longer deduct the "cost of the rehired member’s TRS annuity and healthcare added several years ago by the Legislature", also known as the "surcharge" the district now has to pay that for a retire/rehire.
Re: Retirement -
Posted by 3A on 11/1/2021, 5:45 pm, in reply to "Retirement -"
I announced my retirement today but I am staying until the end of the year.