Working After Retirement
Employee annuitants who work for any of the following Employers may face having their annuity payments suspended:
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City of Chicago
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Chicago Board of Education
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Retirement Boards of Chicago Pension Funds
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Reciprocal Pension Fund or Retirement System
(from which you are receiving a proportional annuity)
Contact the LABF before beginning employment with any employer listed above. Upon
subsequent retirement, annuity payments may resume. If 3 years of additional LABF service is rendered, the annuity amount will be recalculated to include the additional service.
In summary, protect your LABF annuity by:
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Contacting the LABF before you return to work to discuss your individual situation.
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Recognizing that it is your responsibility to contact the LABF to report your return to work and to confirm the effect it may have on your annuity.