|
| | SB2279 Engrossed | | LRB097 08368 JDS 48495 b |
|
|
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 changing |
5 | | 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: (1) is not within the school year during which
|
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.
|
22 | | (b) Subsection (a) does not apply to an annuitant who |
23 | | returns to teaching
under the program established in Section |