Synopsis As Introduced Amends the Chicago Teacher Article of the Illinois Pension Code. Provides that any earned sick pay which is payable by an employer shall be considered pensionable earnings as provided by Section 17-134 and the charter school shall certify the number of sick days being paid. Also provides that any sum paid by a charter school employer before or after the school year shall be considered pensionable earnings if the payment is conditioned in any way on service being performed by the contributor. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.
Replaces everything after the enacting clause. Amends the Chicago Teacher Article of the Illinois Pension Code. In provisions concerning computation of service credit, provides that no member shall earn more than one day of service credit per calendar day or more than 10 days of service credit in a 2 calendar week period as determined by the Fund. Requires certain payroll records to report any salary paid by an employer if that salary is compensation for validated service and is exclusive of salary for overtime, special services, or any employment on an optional basis. Provides that a charter school's pension officer shall be responsible for certifying all payroll information, including certified sick days payable pursuant to a certain provision of the Chicago Teacher Article. In a provision concerning cancellation of pensions in the case of re-employment as a teacher, provides that a pension will not be cancelled if the person does not work as a teacher for compensation on more than 100 days in a school year or (instead of "and") does not accept gross compensation in excess of $30,000. Requires the employer (instead of the Board of Education) to certify to the Fund the status and compensation of each re-employed pensioner. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.