News For -

10% IRS Penalty for Retirees Who Return to Work

Date: Dec 20, 2012 Categories: Provisional Employment, Retirement Resources

Starting January 1, 2013, SDCERS will implement an IRS policy that impacts a retiree's ability to return to employment for the same plan sponsor after retirement. This will impact Members and retirees who perform work after January 1, 2013 from all three plan sponsors - the City of San Diego, the San Diego County Regional Airport Authority (Airport) and the Unified Port of San Diego (Port). More...