PURPOSE: This rule clarifies benefit payments when a retired person returns to employment.

1. (1) If a retiree or special consultant returns to county employment, the individual’s status as a retiree or special consultant will be terminated and benefit payments to the individual will be suspended, pending termination of employment and completion of a new retirement application, except that, if the retiree or consultant is working less than one thousand (1,000) hours per year, his or her status and benefit payments will not be affected. All elections made in the original retirement application will be revoked upon completion of an enrollment form indicating a return to county employment.
2. (2) While employed, the individual will accrue service credit as provided by law, which, upon termination of employment and submission of a new retirement application, will be used to recalculate the benefit and buyback due. If the individual had started a buyback of prior service during the first benefit payment period, the total paid toward the buyback will be subtracted from the new buyback figure. Benefits less any remaining buyback will recommence upon termination of employment. The buyback will extend for a maximum of forty-eight (48) months less the total number of months during which the individual had already made a buyback.

AUTHORITY: section 50.1032, RSMo Supp. 1997.* Original rule filed July 29, 1997, effective Jan. 30, 1998. Amended: Filed Sept. 17, 1998, effective March 30, 1999.

*Original authority 1995.