Employment After Retirement
It is important for you understand the Plan guidelines on employment after retirement and the impact it may have on your pension payments.
If you are a retired member and you are seeking re-employment, contact the Plan. We can tell you about the effect the employment may have on continued payment of your pension.
Pension suspension
Employment with the Government of Saskatchewan, or an Agency or Crown Corporation of the Government of Saskatchewan may cause your pension to be suspended from the day you begin working again.
Before you accept employment
If you are considering employment after retirement, contact the Plan. We will need to know the details of your return to work (when you returned to work, the name of your employer, your hours of work and how long you will be working). We can then advise you how the employment would affect your pension.
Permanent Employment
If you become a permanent, full-time employee of a Government of Saskatchewan employer, your pension will be suspended immediately.
Non-permanent Employment
If you become a non-permanent or part-time employee of a Government of Saskatchewan employer, your pension will be suspended after you have worked 50 per cent of the full-time equivalent in a fiscal year.
Contract Employment
The contract may create an employee/employer relationship which would mean suspension of your pension. If you begin contract employment with a Government of Saskatchewan employer, the Plan needs:
- the start and end date of the contract; and,
- a copy of the contract.
After you accept employment
If you accept employment while receiving a pension from the Plan, it is up to you and your employer to inform the Plan. The suspension of pension payments is governed by The Superannuation (Supplementary Provisions) Act, not the employer.