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1 | AMENDMENT TO SENATE BILL 235
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2 | AMENDMENT NO. ______. Amend Senate Bill 235 by replacing | ||||||
3 | everything after the enacting clause with the following:
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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: (1) is not within the school year during which
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16 | service was terminated; and (2) does not exceed the following: |
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1 | (i) before July 1, 2001, 100 paid days or 500 paid
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2 | hours in any school year ; | ||||||
3 | (ii) ( during the period beginning July 1, 2001 through
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4 | June 30, 2011, 120 paid days or 600 paid hours in each | ||||||
5 | school year ; ) | ||||||
6 | (iii) during the period beginning July 1, 2011 through
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7 | June 30, 2016, 100 paid days or 500 paid hours in each | ||||||
8 | school year; | ||||||
9 | (iv) during the period beginning July 1, 2016 through | ||||||
10 | June 30, 2018, 120 paid days or 600 paid hours in each | ||||||
11 | school year; and | ||||||
12 | (v) beginning July 1, 2018, 100 paid days or 500 paid | ||||||
13 | hours in each school year . | ||||||
14 | Where
such permitted employment is partly on a daily and | ||||||
15 | partly on an hourly basis,
a day shall be considered as 5 | ||||||
16 | hours.
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17 | (b) Subsection (a) does not apply to an annuitant who | ||||||
18 | returns to teaching
under the program established in Section | ||||||
19 | 16-150.1, for the duration of his or
her participation in that | ||||||
20 | program.
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21 | (Source: P.A. 93-320, eff. 7-23-03; 94-914, eff. 6-23-06.)
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22 | Section 99. Effective date. This Act takes effect upon | ||||||
23 | becoming law.".
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