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Phased Retirement Option - Public Employees Retirement Association o... http://www.mnpera.org/index.asp?Type=B_BASIC&SEC={83D786D0-... <br />7. Q: I am in PERA's Police and Fire Plan, can I enter a PRO Agreement? <br />A: No. The PRO program is available only to PERA Coordinated Plan participants. <br />8. Q: If I enter a PRO Agreement, do I have to begin collecting my retirement benefit right away? <br />A: No. Since PERA cannot accept an application for retirement benefits more than six months <br />prior to the effective date of the benefits, both your benefit and your PRO employment must <br />begin within six months of your termination of membership. If the "Termination Date" on <br />your Retirement Application is more than a month prior to the "Begin Date" on the PRO <br />Agreement you submit, the PRO agreement effective date determines the effective date of <br />your retirement benefit. If the "Begin Date" of your PRO employment is the first of the <br />month, that will also be the begin date of your retirement benefit; if the "Begin Date" of your <br />PRO employment is any other date of the month, your benefit will begin the first day of the <br />following month. <br />9. Q: Does my employer have to do anything specific for me to enter a PRO Agreement? <br />A: Yes. First, your employer's governing body must vote to participate in offering PRO <br />Agreements to eligible employees. Second, your employer must offer a PRO Agreement to <br />you. However, the law does not require that your employer offer a PRO to any employee. <br />10. Q: Do I have to terminate my employment at the end of my PRO Agreement?I <br />A: Yes. You must terminate public employment at the end of your PRO Agreement, have no <br />agreement to return at a later date, and remain out of PERA-covered employment for at least <br />30 calendar days. You should also know that, while an initial PRO Agreement may only be <br />one year in length, PRO Agreements may be renewed annually for up to five years of total <br />PRO participation. Again, any offer of a PRO and any renewal are at the discretion of your <br />employer. <br />11. Q: Do I have to start work under a PRO within 30 days of terminating PERA membership? <br />A: No. When you begin work after terminating membership is largely between you and your <br />employer. However, you must begin working under the PRO within six months of terminating <br />membership in PERA. (See FAQ #8.) <br />12. Q: Can I take an additional PERA-covered position with a different employer during employment <br />under a PRO Agreement? <br />A: No. While employment with multiple employers in PERA-covered positions under PRO <br />Agreements is allowed, all employment in PERA-covered positions under PRO Agreements <br />must begin prior to the beginning of any PRO Agreement (at the time of termination of <br />membership and beginning of retirement). However, the "different" employer must offer you a PRO <br />Agreement and your total hours worked in all PERA-covered positions must represent at least a 25 <br />percent reduction of your pre -PRO regularly scheduled hours and not exceed 1,044 hours in a year. <br />13. Q: Can I take a position with my current employer that is different than my current position? <br />3 of 6 5/17/17, 4:23 PM <br />