94TH GENERAL ASSEMBLY
State of Illinois
2005 and 2006
HB4767


 
Introduced 1/18/2006, by Rep. Roger L. Eddy - David Reis
 
SYNOPSIS AS INTRODUCED:
 		














40 ILCS 5/16-118
  from Ch. 108 1/2, par. 16-118







    Amends the Downstate Teacher Article of the Illinois Pension Code. Provides that an annuitant receiving a retirement annuity other than a disability
retirement annuity may accept employment as a teacher from a school board
or other specified employer without impairing retirement
status, if that employment: (1) is not within the school year during which
service was terminated; and (2) does not exceed 120 paid days or 600 paid hours in each school year (item (2) was only applicable through June 30, 2006). Effective immediately.
















LRB094 16043 AMC 51278 b

















PENSION IMPACT NOTE ACT MAY APPLY
















 


 


A BILL FOR









 











HB4767

LRB094 16043 AMC 51278 b






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    AN ACT concerning public employee benefits.

 
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    Be it enacted by the People of the State of Illinois,
 
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represented in the General Assembly:


 
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    Section 5. The Illinois Pension Code is amended  by changing 
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Section 16-118 as follows:
 



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    (40 ILCS 5/16-118)  (from Ch. 108 1/2, par. 16-118)



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    Sec. 16-118. Retirement. "Retirement": Entry upon a 
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retirement annuity
or receipt of a single-sum retirement 
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benefit granted under this Article
after termination of active 
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service as a teacher.

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    (a) An annuitant receiving a retirement annuity other than 
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a disability
retirement annuity may accept employment as a 
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teacher from a school board
or other employer specified in 
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Section 16-106 without impairing retirement
status, if that 
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employment: (1) is not within the school year during which

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service was terminated; and (2) does not exceed 100 paid days 
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or 500 paid
hours in any school year (during the period

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beginning July 1, 2001 through
June 30, 2006, 120 paid days or 
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600 paid hours in each school year).  Where
such permitted 
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employment is partly on a daily and partly on an hourly basis,

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a day shall be considered as 5 hours.

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    (b) Subsection (a) does not apply to an annuitant who 
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returns to teaching
under the program established in Section 
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16-150.1, for the duration of his or
her participation in that 
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program.

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(Source: P.A. 92-416, eff. 8-17-01; 93-320, eff. 7-23-03.)

 

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    Section 99. Effective date. This Act takes effect upon 
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becoming law.