As public agencies head into the end of the 2020-2021 fiscal year and prepare for the 2021-2022 fiscal year, it is the perfect time of year for agencies that contract with the California Public Employees’ Retirement System (“CalPERS”) to refresh their knowledge about upcoming deadlines and requirements. Below are the key CalPERS deadlines and requirements
post-retirement employment
Hiring a Retiree Seems Appealing Until it Leads to an Appeal
By Danny Y. Yoo on
Posted in Retirement
Many CalPERS agencies hire CalPERS retirees for limited post-retirement work to help with overflow or special projects. Often times, these retirees are the agency’s former employees who are familiar with the agency and the work to be performed. CalPERS can review these arrangements and determine that the retiree was engaging in unlawful post-retirement work either…
Hiring CalPERS Retirees—Changing Rules Are Like Watching a Game of Chess
By Guest Author on
Posted in Retirement
Employers who may seek to employ a CalPERS retiree to fill a particular need should keep an eye on the move-counter move strategy that is in play in Sacramento. It appears that the legislature may have taken issue with the latest CalPERS Circular Letter providing guidance to employers in determining whether or not it is …