(1) A retired PERS member who is employed, after retirement, in a position covered by the PERS must be reported to the MPERA on a monthly basis. This reporting requirement does not apply to a PERS retiree who is elected to a state or local public office and chooses to not become an active member of PERS.

(2) A retired sheriffs' retirement system (SRS) member who is employed, after retirement, in a position covered by the SRS must be reported to the MPERA on a monthly basis.

(3) The MPERA must receive the report by the 15th of the month following the month for which employment is being reported.

(4) The report must include the following information:

(a) working retiree's name and social security number;

(b) month and year being reported;

(c) name and address of working retiree's employer;

(d) number of hours worked for the employer; and

(e) gross compensation received from the employer.

(5) The report must be signed by both the employer and the working retiree.

(6) A separate report must be filed with MPERA for each employment.