SB0235sam001 99TH GENERAL ASSEMBLY

Sen. Jennifer Bertino-Tarrant

Filed: 4/15/2016

09900SB0235sam001 LRB099 03154 RPS 46799 a

AMENDMENT TO SENATE BILL 235

AMENDMENT NO. ______. Amend Senate Bill 235 by replacing everything after the enacting clause with the following:

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

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

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

(a) An annuitant receiving a retirement annuity other than a disability retirement annuity may accept employment as a teacher from a school board or other employer specified in Section 16-106 without impairing retirement status, if that employment: (1) is not within the school year during which service was terminated; and (2) does not exceed the following:

(i) before July 1, 2001, 100 paid days or 500 paid hours in any school year;

(ii) (during the period beginning July 1, 2001 through June 30, 2011, 120 paid days or 600 paid hours in each school year; )

(iii) during the period beginning July 1, 2011 through June 30, 2016, 100 paid days or 500 paid hours in each school year; and

(iv) beginning July 1, 2016, 120 paid days or 600 paid hours in each school year.

Where such permitted employment is partly on a daily and partly on an hourly basis, a day shall be considered as 5 hours.

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

(Source: P.A. 93-320, eff. 7-23-03; 94-914, eff. 6-23-06.)

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