What is a Reemployed Annuitant? A Comprehensive Legal Overview
Definition & meaning
A reemployed annuitant is a person who has retired and is receiving an annuity from the federal government but returns to work in a federal position. This status applies to individuals whose retirement benefits continue while they are employed in a new position after October 1, 1956. Essentially, these individuals are both receiving retirement benefits and earning a salary from their new job.
Legal use & context
The term "reemployed annuitant" is primarily used in the context of federal employment law and retirement benefits. It is relevant in areas such as employment law and public sector employment. Understanding this term is crucial for federal employees considering reemployment after retirement, as it affects their benefits and employment rights. Users can manage related processes using legal templates available on platforms like US Legal Forms, which can help simplify the paperwork involved.
Real-world examples
Here are a couple of examples of abatement:
Example 1: A retired federal employee, Jane, decides to return to work as a consultant for a federal agency. She continues to receive her retirement annuity while earning a salary from her new position.
Example 2: John, a former federal worker, takes a part-time role with a government contractor. However, since he is not in a federal appointive position, he does not qualify as a reemployed annuitant. (hypothetical example)
Relevant laws & statutes
The primary regulation governing reemployed annuitants is found in Title 5 of the United States Code, specifically under Chapter 83. This chapter outlines the retirement benefits for federal employees and the conditions under which they may return to work while still receiving their annuity.