Working After Retirement
Employee annuitants who work for any of the following Employers may face having their annuity payments suspended:
City of Chicago
Chicago Board of Education
Retirement Boards of Chicago Pension Funds
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:
Contacting the LABF before you return to work to discuss your individual situation.
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.