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Retirees Get Back to Work


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working retirement

Credit: working.com

Government agencies have new authority to hire federal retirees for part-time government work, resulting in new opportunities for a rapidly growing segment of the IT workforce. For retirees, it means new opportunities to apply their experience to pressing needs. Among several significant changes in federal retirement rules under the fiscal 2010 National Defense Authorization Act, agencies can now rehire federal retirees for limited, part-time government jobs without reducing their pension benefits or salaries. The provision takes effect immediately, but how quickly agencies act on the authority will depend on whether they have vacancies to fill, funding to use and a need for people with critical skills.

According to the National Active and Retired Federal Employees Association, increased ability to hire retiree workers is among many tools available to enable government agencies to respond to workforce needs and fill critical positions. The bill limits the number of hours a rehired retiree can work: no more than 520 hours in the first six months of service, no more than 1,040 hours in any 12-month period and no more than 3,020 hours as a lifetime limit. Some agencies already had programs that allowed them to rehire retirees with no reduction in salary to offset pension benefits, but they had to get a waiver from the Office of Personnel Management. The largest program of that type is at the Defense Department, which limits retiree appointments to 2,087 hours.

From Federal Computer Week
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