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Rep. Kelly Burke
Filed: 5/21/2012
| | 09700SB3597ham002 | | LRB097 18622 EFG 69834 a |
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| 1 | | AMENDMENT TO SENATE BILL 3597
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| 2 | | AMENDMENT NO. ______. Amend Senate Bill 3597, AS AMENDED, |
| 3 | | in Section 5, by replacing the first grammatical paragraph of |
| 4 | | subsection (c-5) of Section 17-149 with the following: |
| 5 | | "(c-5) The service retirement pension shall not be |
| 6 | | cancelled
in the case of a service retirement pensioner who is
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| 7 | | re-employed as a teacher on a temporary and non-annual basis or |
| 8 | | on an hourly basis, so long as the person (1) does not work as a |
| 9 | | teacher for compensation on more than 100 days in a school year |
| 10 | | and (2) does not accept gross compensation for such |
| 11 | | re-employment in a school year in excess of $30,000 or, in the |
| 12 | | case of a person who retires with at least 5 years of service |
| 13 | | as a principal, the daily rate normally paid to retired |
| 14 | | principals. These limitations apply only to school years that |
| 15 | | begin on or after the effective date of this amendatory Act of |
| 16 | | the 97th General Assembly. Such re-employment does not require |
| 17 | | contributions, result in service credit, or constitute active |
| 18 | | membership in the Fund.".
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