97TH GENERAL ASSEMBLY
State of Illinois
2011 and 2012
HB5243

 

Introduced 2/8/2012, by Rep. Jil Tracy

 

SYNOPSIS AS INTRODUCED:
 
40 ILCS 5/16-118  from Ch. 108 1/2, par. 16-118

    Amends the Downstate Teachers Article of the Illinois Pension Code. Provides that an annuitant receiving a retirement annuity other than a disability retirement annuity may, without impairing his or her retirement status, accept employment as a teacher for up to 120 paid days or 600 paid hours in a school year. Effective immediately.


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FISCAL NOTE ACT MAY APPLY
PENSION IMPACT NOTE ACT MAY APPLY

 

 

A BILL FOR

 

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1    AN ACT concerning public employee benefits.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 5. The Illinois Pension Code is amended by changing
5Section 16-118 as follows:
 
6    (40 ILCS 5/16-118)  (from Ch. 108 1/2, par. 16-118)
7    Sec. 16-118. Retirement. "Retirement": Entry upon a
8retirement annuity or receipt of a single-sum retirement
9benefit granted under this Article after termination of active
10service as a teacher.
11    (a) An annuitant receiving a retirement annuity other than
12a disability retirement annuity may accept employment as a
13teacher from a school board or other employer specified in
14Section 16-106 without impairing retirement status, if that
15employment: (1) is not within the school year during which
16service was terminated; and (2) does not exceed 100 paid days
17or 500 paid hours in any school year (during the period
18beginning July 1, 2001 through June 30, 2011, 120 paid days or
19600 paid hours in a each school year). Where such permitted
20employment is partly on a daily and partly on an hourly basis,
21a day shall be considered as 5 hours.
22    (b) Subsection (a) does not apply to an annuitant who
23returns to teaching under the program established in Section

 

 

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116-150.1, for the duration of his or her participation in that
2program.
3(Source: P.A. 93-320, eff. 7-23-03; 94-914, eff. 6-23-06.)
 
4    Section 99. Effective date. This Act takes effect upon
5becoming law.