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| | 103RD GENERAL ASSEMBLY
State of Illinois
2023 and 2024 SB1528 Introduced 2/8/2023, by Sen. Jil Tracy SYNOPSIS AS INTRODUCED: |
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40 ILCS 5/16-118 | from Ch. 108 1/2, par. 16-118 |
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Amends the Downstate Teacher Article of the Illinois Pension Code. Provides that during the period between July 1, 2021 and June 30, 2024 (instead of June 30, 2022) an additional 20 paid days or 100 paid hours shall be added to a provision that authorizes an annuitant to accept employment for a certain number of paid days or paid hours as a teacher without impairing his or her retirement status. Removes a reference to the substitute teacher shortage being exacerbated by the ongoing global pandemic. Effective immediately.
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| | A BILL FOR |
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| | SB1528 | | LRB103 29144 RPS 55530 b |
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1 | | AN ACT concerning public employee benefits.
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2 | | Be it enacted by the People of the State of Illinois,
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3 | | represented in the General Assembly:
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4 | | Section 5. The Illinois Pension Code is amended by |
5 | | changing Section 16-118 as follows:
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6 | | (40 ILCS 5/16-118) (from Ch. 108 1/2, par. 16-118)
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7 | | Sec. 16-118. Retirement. "Retirement": Entry upon a |
8 | | retirement annuity
or receipt of a single-sum retirement |
9 | | benefit granted under this Article
after termination of active |
10 | | service as a teacher.
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11 | | (a) An annuitant receiving a retirement annuity other than |
12 | | a disability
retirement annuity may accept employment as a |
13 | | teacher from a school board
or other employer specified in |
14 | | Section 16-106 without impairing retirement
status, if that |
15 | | employment: |
16 | | (1) is not within the school year during which
service |
17 | | was terminated; and |
18 | | (2) does not exceed the following: |
19 | | (i) before July 1, 2001, 100 paid days or 500 paid
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20 | | hours in any school year; |
21 | | (ii) during the period beginning July 1, 2001 |
22 | | through
June 30, 2011, 120 paid days or 600 paid hours |
23 | | in each school year; |