Full Text of SB1468 103rd General Assembly
SB1468enr 103RD GENERAL ASSEMBLY |
| | SB1468 Enrolled | | LRB103 27387 RPS 53759 b |
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| 1 | | AN ACT concerning public employee benefits.
| 2 | | Be it enacted by the People of the State of Illinois,
| 3 | | represented in the General Assembly:
| 4 | | Section 5. The Illinois Pension Code is amended by | 5 | | changing Section 16-118 as follows:
| 6 | | (40 ILCS 5/16-118) (from Ch. 108 1/2, par. 16-118)
| 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.
| 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: | 16 | | (1) is not within the school year during which
service | 17 | | was terminated; and | 18 | | (2) does not exceed the following: | 19 | | (i) before July 1, 2001, 100 paid days or 500 paid
| 20 | | hours in any school year; | 21 | | (ii) during the period beginning July 1, 2001 | 22 | | through
June 30, 2011, 120 paid days or 600 paid hours | 23 | | in each school year; |
| | | SB1468 Enrolled | - 2 - | LRB103 27387 RPS 53759 b |
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| 1 | | (iii) during the period beginning July 1, 2011 | 2 | | through
June 30, 2018, 100 paid days or 500 paid hours | 3 | | in each school year; | 4 | | (iv) beginning July 1, 2018 through June 30, 2026 | 5 | | 2023 , 120 paid days or 600 paid hours in each school | 6 | | year, but not more than 100 paid days in the same | 7 | | classroom; | 8 | | (v) (blank); and during the period between July 1, | 9 | | 2021 and June 30, 2022, an additional 20 paid days or | 10 | | 100 paid hours shall be added to item (iv) of this | 11 | | paragraph (2) to assist with addressing the substitute | 12 | | teacher shortage that has been exacerbated by the | 13 | | ongoing global pandemic; and | 14 | | (vi) beginning July 1, 2026 2023 , 100 paid days or | 15 | | 500 paid hours in each school year. | 16 | | Where
such permitted employment is partly on a daily and | 17 | | partly on an hourly basis,
a day shall be considered as 5 | 18 | | hours.
| 19 | | (b) Subsection (a) does not apply to an annuitant who | 20 | | returns to teaching
under the program established in Section | 21 | | 16-150.1, for the duration of his or
her participation in that | 22 | | program.
| 23 | | (Source: P.A. 101-645, eff. 6-26-20; 102-537, eff. 8-20-21; | 24 | | 102-709, eff. 4-22-22.)
| 25 | | Section 99. Effective date. This Act takes effect upon | 26 | | becoming law.
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