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i <br /> � <br /> ' June 2010 <br /> The procedure benefit. Retirees who return to <br /> Phased retirement requires a PERA-covered work remain sub- � <br /> written agreement between you ject to the Association's earnings <br /> and the PERA-covered employ- limits. <br /> er offering you the option. <br /> You must file both a Phased SUI15@t ' <br /> Retirement Agreement form Currently, the phased retire- <br /> and an Application for PERA ment option is set to end on <br /> RetiYement Benefits with PERA. June 30, 2014. Until then, <br /> All other PERA benefit and appli- PERA will be evaluating the PNASE� <br /> cation requirements must be met. program's effectiveness and its ; =' <br /> �� � � <br /> impact on the pension fund. ¢ ��'��� . � 1 � <br /> If your phased retirement Continuation of the option �J <br /> agreement is not renewed, your would require legislative action. <br /> employer must report your ter- , � <br /> mination of public employment This document is available in alternative � <br /> to PERA. You may not return formats to individuals with disabilities by <br /> to work for your employer or calling 1 800 652-9026 or through the An option for Coordinated <br /> another PERA-covered employer Minnesota Relay Service at <br /> for a minimum of 30 days. If <br /> 1 800 627-3529. members age 62 and over <br /> you later rejoin PERA-covered This brochure is meant to explain the <br /> employment and are under Social Public Employees Retirement Association <br /> Security's full retirement age, you of Minnesota law as simply and accurately <br /> as possible. If there is any discrepancy <br /> will be subject to PERA's annual between this publication and the actual <br /> earnings limit. law, the provisions of the law will govern. ' <br /> i <br /> /�I►�Public Employees Retirement ; <br /> Not for retirees L/ Association of Minnesota <br /> Phased retirement is not avail- � <br /> 60 Empire Drive, Suite 200 ` <br /> able to PERA members who are st. Pau�, Minnesota 55103-2088 Public Employees Retirement <br /> already receiving a retirement 800 652-9026 ♦ (651) 296-7460 Association of Minnesota <br /> www.mnpera.org ; <br /> I <br />