REEMPLOYMENT AFTER RETIREMENT. SECTION 1 Any teacher who has retired under an Ohio Public Retirement System and is hired or rehired by the Board will be subject to the following conditions:
REEMPLOYMENT AFTER RETIREMENT. An individual receiving retirement benefits under the Plan due to his or her service with the Company who is subsequently rehired by the Company shall have all retirement benefits payable from the Plan suspended during any such period of reemployment. During reemployment, such employee may earn Credited Service if otherwise eligible to participate in the Plan. Upon subsequent retirement, the suspended benefits shall recommence subject to the form of payment in effect at the original retirement date, regardless of whether or not the spouse is living if a Spouse Option was originally elected. However, for an individual who originally retired from the service of the Company, the payment will be increased to reflect any difference between any early retirement reduction at original retirement date and a revised early retirement reduction based on age at original retirement date advanced by the period of reemployment. To the recommenced benefits shall be added the benefit attributable to any Credited Service resulting from the period of reemployment. The benefit payment of any individual receiving retirement benefits under the Plan due to service with the Company who is subsequently rehired and then dies during reemployment shall be determined as follows: If a Spouse Option was elected at the date of original retirement, payments shall commence to the named spouse, if then surviving, otherwise no benefits shall become payable as a result of the original period of Credited Service. If the employee is survived by a spouse eligible for a death benefit, such a benefit equal to the present value of the vested Accrued Benefit based upon any Credited Service earned during the period of reemployment shall become payable.
REEMPLOYMENT AFTER RETIREMENT. A retiree who is rehired by the School City of East Chicago as a teacher under contract must repay all benefits paid under this Article, including the total cost for health insurance premiums paid during retirement by the School City, as well as other retirement payments the teacher may have received.
REEMPLOYMENT AFTER RETIREMENT. SECTION 1
REEMPLOYMENT AFTER RETIREMENT. 10.1 A Member who has retired under this Plan for Service or Disability may be reinstated from retirement by the Retirement Board. Thereafter, the Member may be reemployed by RT in accordance with the provisions governing such service, in the same manner as a person who has not been so retired.
REEMPLOYMENT AFTER RETIREMENT. X. Xxxxxxxx to state law, former employees who have been retired for one calendar month may be re-employed as emergency temporary instructors (provided they meet the employment criteria) for up to 780 hours during the first 12 calendar months after retirement without suspension of their retirement benefits. Former employees may also be re-employed as hourly teachers on a non-contractual basis after being retired for one calendar month.
