TITLE 80: PUBLIC OFFICIALS AND EMPLOYEES
SUBTITLE D: RETIREMENT SYSTEMS CHAPTER III: TEACHERS' RETIREMENT SYSTEM OF THE STATE OF ILLINOIS PART 1650 THE ADMINISTRATION AND OPERATION OF THE TEACHERS' RETIREMENT SYSTEM SECTION 1650.512 VERIFICATION OF COMPLIANCE WITH POST-RETIREMENT EMPLOYMENT LIMITATIONS
Section 1650.512 Verification of Compliance with Post-Retirement Employment Limitations
a) Section 16-118 of the Pension Code [40 ILCS 5/16-118] sets forth the amount of time an annuitant is allowed to be employed as a teacher by employers specified in 40 ILCS 5/16-106.
b) To ensure compliance with the post-retirement employment limitations established in Section 16-118, upon demand of the System, annuitants are required to furnish the following:
1) A certification signed by the annuitant verifying that post-retirement employment limitations were not exceeded and acknowledging that the filing of a false certification is a Class 3 felony under Section 1-135 of the Pension Code.
2) Copies of the annuitant's federal income tax returns.
3) Other substantiating documentation, such as employment records, timesheets, etc.
(Source: Added at 34 Ill. Reg. 4900, effective March 22, 2010) |