ALBUQUERQUE, N.M. (AP) — A new law and regulations are requiring more retired New Mexico teachers to limit the amount of time they spend in a classroom or take off a year.
The Albuquerque Journal reports legislative and Educational Retirement Board rule changes altered eligibility requirements for retirees who go back to work in education while collecting a pension.
New Mexico Educational Retirement Board executive director Jan Goodwin says retirees who collect their pension can't work more than a quarter of full-time equivalent hours unless they are part of the "return to work program."
Under the program, which is already in place, retirees can work as many hours as they like, but can't join the program until they take a year off from education.