Retirement Question

I am fixing to have my 30 years in with a local city. Public works Department.

I'm able to file for my full retirement. Now the city is telling me that If I retire I have got to find employment somewhere else. They're telling me the IRS calls that Double Dipping. In the past we have people that draw there and still work there. Going on 45 years now. My Question is. Is this really a IRS rule or is the City trying to pull one over on me. Oh and Public Safety Employee's are exempt. From this rule. Wouldn't that be Discrimination?

Answer :

"Double dipping is meeting opposition in state legislatures. New York and New Jersey limited double dipping in 2008. By the end of 2009, Utah, Arkansas, South Dakota, New Mexico and Florida were looking at curbing or ending double dipping with state retirement.Double dipping may end or be limited in your state soon. So you need to consider what might happen to your employment and retirement in the face of new legislation. Double dipping in retirement systems allows the retiree to collect money twice, usually with retiring and rehiring. This casual term applies to different types of double recovery in retirement benefits, but each requires the cooperation of others to make it work. Double dipping is meeting opposition in state legislatures. New York and New Jersey limited double dipping in 2008. By the end of 2009, Utah, Arkansas, South Dakota, New Mexico and Florida were looking at curbing or ending double dipping with state retirement.Double dipping may end or be limited in your state soon. So you need to consider what might happen to your employment and retirement in the face of new legislation. Double dipping in retirement systems allows the retiree to collect money twice, usually with retiring and rehiring. This casual term applies to different types of double recovery in retirement benefits, but each requires the cooperation of others to make it work.i guess you may contact a labor dept of your state for more info in detail

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