Bill Text: IL SB2279 | 2011-2012 | 97th General Assembly | Engrossed
Bill Title: Amends the Downstate Teachers Article of the Illinois Pension Code. Extends the period during which an annuitant receiving a retirement annuity other than a disability retirement annuity may accept employment for up to 120 paid days or 600 paid hours in a school year without impairing his or her retirement status. Effective immediately.
Spectrum: Bipartisan Bill
Status: (Failed) 2013-01-08 - Session Sine Die [SB2279 Detail]
Download: Illinois-2011-SB2279-Engrossed.html
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| 1 | AN ACT concerning public employee benefits.
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| 2 | Be it enacted by the People of the State of Illinois,
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| 3 | represented in the General Assembly:
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| 4 | Section 5. The Illinois Pension Code is amended by changing | ||||||
| 5 | 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 100 paid days | ||||||
| 17 | or 500 paid
hours in any school year (during the period | ||||||
| 18 | beginning July 1, 2001 through
June 30, 2021 2011, 120 paid | ||||||
| 19 | days or 600 paid hours in each school year). Where
such | ||||||
| 20 | permitted employment is partly on a daily and partly on an | ||||||
| 21 | hourly basis,
a day shall be considered as 5 hours.
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| 22 | (b) Subsection (a) does not apply to an annuitant who | ||||||
| 23 | returns to teaching
under the program established in Section | ||||||
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| 1 | 16-150.1, for the duration of his or
her participation in that | ||||||
| 2 | program.
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| 3 | (Source: P.A. 93-320, eff. 7-23-03; 94-914, eff. 6-23-06.)
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| 4 | Section 99. Effective date. This Act takes effect upon | ||||||
| 5 | becoming law.
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