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| | 97TH GENERAL ASSEMBLY
State of Illinois
2011 and 2012
HB5243 Introduced 2/8/2012, by Rep. 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 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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| | HB5243 | | LRB097 19305 EFG 64554 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 changing |
| 5 | | 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: (1) is not within the school year during which
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| 16 | | service was terminated; and (2) does not exceed 100 paid days |
| 17 | | or 500 paid
hours in any school year (during the period |
| 18 | | beginning July 1, 2001 through
June 30, 2011, 120 paid days or |
| 19 | | 600 paid hours in a each school year). Where
such permitted |
| 20 | | employment is partly on a daily and partly on an hourly basis,
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| 21 | | a day shall be considered as 5 hours.
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| 22 | | (b) Subsection (a) does not apply to an annuitant who |
| 23 | | returns to teaching
under the program established in Section |