Starting July 1, teachers and government workers in Florida who retire must wait six months or more before returning to work.
In many instances, teachers, law enforcement personnel and other government employees would retire, take a month off and then return to their jobs. In addition to the money they would earn in salary, they received their full pensions. And many received a lump sum payment from the Deferred Retirement Option Plan.
Jon Wilson, a veteran history teacher at Hollywood Hills High School is example. He retired from teaching after 38 years in the classroom and went back to work after one month. He now receives a pension from the Broward School District.
The DROP program is another nice benefit for government personnel. After 30 years or at age 62, teachers and government workers can participate in this program. Their pension money is put away and earns interest while they work. Upon retiring after five to eight years, the personnel receive a lump sum payment. And they can go back to work.










Comments