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Rep. Kelly Burke
Filed: 5/22/2012
| | 09700SB3597ham003 | | LRB097 18622 JDS 69876 a |
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1 | | AMENDMENT TO SENATE BILL 3597
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2 | | AMENDMENT NO. ______. Amend Senate Bill 3597, AS AMENDED, |
3 | | in Section 5, by replacing the first grammatical paragraph of |
4 | | subsection (c-5) of Section 17-149 with the following: |
5 | | " (c-5) The service retirement pension shall not be |
6 | | cancelled
in the case of a service retirement pensioner who is
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7 | | re-employed as a teacher on a temporary and non-annual basis or |
8 | | on an hourly basis, so long as the person (1) does not work as a |
9 | | teacher for compensation on more than 100 days in a school year |
10 | | and (2) does not accept gross compensation for the |
11 | | re-employment in a school year in excess of (i) $30,000 or (ii) |
12 | | in the case of a person who retires with at least 5 years of |
13 | | service as a principal, an amount that is equal to the daily |
14 | | rate normally paid to retired principals multiplied by 100. |
15 | | These limitations apply only to school years that begin on or |
16 | | after the effective date of this amendatory Act of the 97th |
17 | | General Assembly. Such re-employment does not require |
18 | | contributions, result in service credit, or constitute active |