Returning to Work

Overview

Returning to Work after Retirement

After retiring from CPS or a Charter School, a CTPF retiree may decide to return to work on a part- or full-time basis. But there are some rules to be aware of to keep your pension from being jeopardized.

A retiree may go to work for any employer that is not the Chicago Board of Education or a Chicago charter school without restrictions.

Retirees must, however, adhere to post-retirement employment limitations and restrictions if returning to work for the Chicago Board of Education or a Chicago charter school. Serious financial consequences can occur when limitations are exceeded. You must notify CTPF in writing before beginning employment with the Chicago Board of Education or a Chicago charter school (Employer).

Permanent or Annual Re-Employment

A retiree who is re-employed by the Chicago Board of Education or a Chicago charter school in a permanent or annual instructional position (teacher) will have their retirement benefits cancelled. The retirement benefit will be cancelled on the date the re-employment begins, or on the first day of a payroll period for which service credit is validated, whichever is earlier. A “teacher” is defined as any educational, administrative, professional, or other staff member requiring certification or licensure by the Illinois State Board of Education (ISBE). This restriction also applies to retirees who are re-employed as independent contractors or through third-party employment agencies.

Temporary and Non-Annual Re-Employment

A retiree who is re-employed by the Chicago Board of Education or a Chicago charter school in a temporary or non-annual instructional position (teacher) is subject to both employment and compensation limits. A “teacher” is defined as any educational, administrative, professional, or other staff member requiring certification or licensure by the Illinois State Board of Education (ISBE). The limits also apply to retirees who are re-employed as independent contractors or through third-party employment agencies. The chart below defines the temporary and non-annual re-employment limitations:

Retiree Type

Employment Limit

Compensation Limit

CTPF retirees who only teach Drivers Education courses in the school year

900 hours

$30,000

or

$50,000 for individuals who retired with 5 years of service as Administrator

All other CTPF retirees

100 days

(a day constitutes a partial, full, or extended day of work)

$30,000

or

$50,000 for individuals who retired with 5 years of service as Administrator

Notifying CTPF of Re-Employment

You must notify CTPF if you return to work after retirement. If you are returning to work, you must fill out and return one of the forms below to CTPF:

Tracking

You must independently track your own days worked. No matter what employer system you use to register for your hours, you are responsible for keeping track of your days worked (such as in a document, spreadsheet, or calendar you maintain). Employers use various systems to register hours worked and those systems are not connected to each other. Therefore, there is no single place you can go to find out how many days you’ve worked in a year. 

No Warning

You will not receive a warning if you are getting close to the maximum. You are responsible for tracking your days.​

Retirement Benefit Cancelled Due to Re-Employment

If you have received notice that your retirement benefit was cancelled relating to re-employment and need further information, please visit Pension Cancellation.

Impact of Return to Work Retirement Benefit Cancellations on Reciprocal Retirement Benefits

CTPF will notify the Reciprocal Systems from which the retiree is receiving reciprocal retirement benefits when the CTPF retirement benefit is cancelled due to re-employment. The Reciprocal Systems will suspend benefits for the period of re-employment.