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Changes to Working After Retirement Limits

The Colorado Legislature recently passed two bills which impact the working after retirement limits for retirees who return to work for PERA-affiliated employers.   

HB22-1057 PERA Employment After Teacher Retirement

This bill temporarily waives the working after retirement limits for substitute teachers in all school districts while there are critical substitute teacher shortages. This bill was signed by Governor Polis on March 17, 2022, and became effective on that date. This law expires on July 1, 2025.

HB22-1101 PERA Service Retiree Employment in Rural Schools

This bill expands the existing critical shortage provision for rural and small rural school districts by adding BOCES and charter schools within the rural districts as employers who are eligible to designate critical shortage retirees.

The bill also added school nurses and paraprofessionals as positions eligible for critical shortage in addition to teachers, school bus drivers, and school food services workers.

This bill was signed by Governor Polis on March 17, 2022, and became effective on that date. Additionally, this law will not sunset, as the bill removed the repeal date making this provision effectively permanent.

For the most up-to-date information on legislation involving PERA, visit www.peraontheissues.com. From there, you can also subscribe to the PERA on the Issues (POTI) digital newsletter to stay informed on the latest retirement news and insights with a PERA perspective. Also, be sure to follow Colorado Retirement Action Center on Facebook.