Balancing Objectives in Public Employee Post-Retirement Employment Policies: Reassessing Barriers to Continued Work

Introduction

Depending on applicable state law or the policies of a particular public retirement system, returning to work with a government agency after retirement can either be permissive or restrictive and may further depend on the characteristics of individual employers and retirees.

This report presents a review of related research in the field; describes findings from data collected on the post-retirement employment policies of large retirement systems across the United States, and provides case studies on three pension systems that have taken varying approaches to the re-employment question as it affects their stakeholders

Date published

November 2018

Contact

Keith Brainard, Research Director
Alex Brown, Research Manager

Download Paper

Access the Dataset on Public Retirement System 
Post-retirement Employment Policies (Updated March 2024)


Become A Member

Becoming a member of NASRA offers a unique opportunity to join a community committed to the sound, efficient, and innovative stewardship of public retirement systems. Membership connects you with a network of professionals and experts, providing valuable insights into managing public retirement systems with a focus on sustainability and risk-averse strategies.

By joining NASRA, you gain the tools and resources to enhance the management of public retirement systems, ensuring their long-term success and reliability for generations to come.

What's New at NASRA: Updated Cost of Living Issue Brief

Cost-of-Living Adjustments (COLAs) play a significant role in public pensions. They help retirees keep up with rising prices, but they also add costs to pension plans. Policymakers and plan sponsors are tasked with balancing three things: benefits adequacy, plan sustainability, and affordability for members and plan sponsors.
The recent increase in inflation caused many policymakers and, in some cases pension trustees, to review how benefits are designed and paid for, including the way COLAs are granted and funded. NASRA’s recently updated issue brief on the lates trends in COLAs is available in the NASRA Research Center.