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| | SB2989 Enrolled | | LRB102 20466 RPS 29328 b |
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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 |
5 | | changing Section 17-133 as follows: |
6 | | (40 ILCS 5/17-133) (from Ch. 108 1/2, par. 17-133)
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7 | | Sec. 17-133. Contributions for periods of outside and |
8 | | other service.
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9 | | Regularly certified and appointed teachers who desire to |
10 | | have the following
described services credited for pension |
11 | | purposes shall submit to the Board
evidence thereof and pay |
12 | | into the Fund the amounts prescribed herein:
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13 | | 1. For teaching service by a certified teacher in the |
14 | | public
schools of the several states or in schools |
15 | | operated by or under the
auspices of the United States, a |
16 | | teacher shall pay the
contributions at the rates in force |
17 | | (a) on the date of
appointment as a regularly certified |
18 | | teacher after salary adjustments
are completed, or (b) at |
19 | | the time of reappointment after salary
adjustments are |
20 | | completed, whichever is later, but not less than $450
per |
21 | | year of service. Upon the Board's approval of such service |
22 | | and the
payment of the required contributions, service |
23 | | credit of not more than
10 years shall be granted.
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| | SB2989 Enrolled | - 2 - | LRB102 20466 RPS 29328 b |
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1 | | 2. For service as a playground instructor in public |
2 | | school playgrounds,
teachers shall pay the contributions |
3 | | prescribed in this Article (a) at
the time of appointment, |
4 | | as a regularly certified teacher after salary
adjustments |
5 | | are completed, or (b) on return to service as a full time
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6 | | regularly certified teacher, as the case may be, provided |
7 | | such rates or
amounts shall not be less than $450 per year.
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8 | | 3. For service prior to September 1, 1955, in the |
9 | | public schools of the
City as a substitute, evening school |
10 | | or temporary teacher, or for service
as an Americanization |
11 | | teacher prior to December 31, 1955, teachers shall pay
the |
12 | | contributions prescribed in this Article (a) at the time |
13 | | of appointment,
as a regularly certified teacher after |
14 | | salary adjustments are completed,
(b) on return to service |
15 | | as a full time regularly certified teacher, as
the case |
16 | | may be, provided such rates or amounts shall not be less |
17 | | than $450
per year; and provided further that for teachers |
18 | | employed on or after September
1, 1953, rates shall not |
19 | | include contributions for widows' pensions if the
service |
20 | | described in this sub-paragraph 3 was rendered before that |
21 | | date. Any
teacher entitled to repay a refund of |
22 | | contributions under Section 17-126 may validate service |
23 | | described in this paragraph by
payment of the amounts |
24 | | prescribed herein, together with the repayment of the
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25 | | refund, provided that if such creditable service was the |
26 | | last service rendered
in the public schools of the City |
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| | SB2989 Enrolled | - 3 - | LRB102 20466 RPS 29328 b |
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1 | | and is not automatically reinstated by
repayment of the |
2 | | refund, the rates or amounts shall not be less than $450 |
3 | | per
year.
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4 | | 4. For service after June 30, 1982 as a member of the |
5 | | Board of
Education, if required to resign from an |
6 | | administrative or teaching position
in order to qualify as |
7 | | a member of the Board of Education.
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8 | | 5. For service during the 1986-87 school year as a |
9 | | teacher on a special
leave of absence with full loss of |
10 | | salary, teaching for an agency under
contract to the Board |
11 | | of Education, if the teacher returned to employment in
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12 | | September, 1987. For service under this item 5, the |
13 | | teacher must pay the
contributions at the rates in force |
14 | | at the completion of the leave period.
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15 | | 6. For up to 2 years of service as a teacher or |
16 | | administrator employed
by a private school registered with |
17 | | or recognized by the Illinois State Board
of Education, |
18 | | provided that the teacher (i) was certified under the law
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19 | | governing the certification of teachers at the time the |
20 | | service was rendered,
(ii) applies in writing no later |
21 | | than 2 years after the effective date of this amendatory |
22 | | Act of the 102nd General Assembly on or after the |
23 | | effective date of this amendatory Act of the 94th General |
24 | | Assembly and on or before June 1,
2009 , (iii) supplies |
25 | | satisfactory evidence of the employment, (iv) completes
at |
26 | | least 10 years of contributing service as a teacher as |
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| | SB2989 Enrolled | - 4 - | LRB102 20466 RPS 29328 b |
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1 | | defined in
Section 17-106, (v) pays the contribution |
2 | | required in this Section, and (vi)
does not receive credit |
3 | | for that service under any other provision of this
Code. |
4 | | The member may apply for credit under this subsection and |
5 | | pay the
required contribution before completing the 10 |
6 | | years of contributing service
required under item (iv), |
7 | | but the credit may not be used until the item (iv)
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8 | | contributing service requirement has been met.
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9 | | For each year of service credit to be established |
10 | | under this
subparagraph 6, a member is required to |
11 | | contribute to the System (i) the employee and employer |
12 | | contribution that would have been required had such |
13 | | service been rendered as a member based on 16.5%
of the |
14 | | annual salary rate during the first year of full-time |
15 | | employment
as a teacher under this Article following the |
16 | | private school service, plus
(ii) interest thereon at the |
17 | | actuarially assumed rate from the date of first full-time |
18 | | employment as a teacher
under this Article following the |
19 | | private school service to the date of payment,
compounded |
20 | | annually, at a rate determined by the Board the rate of |
21 | | 8.0% per year .
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22 | | For service described in sub-paragraphs 1, 2 and 3 of this |
23 | | Section, interest
shall be charged beginning one year after |
24 | | the effective date of appointment or
reappointment.
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25 | | Effective September 1, 1974, the interest rate to be |
26 | | charged by the
Fund on contributions provided in |
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| | SB2989 Enrolled | - 5 - | LRB102 20466 RPS 29328 b |
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1 | | sub-paragraphs 1, 2, 3 and 4 shall
be 5% per annum compounded |
2 | | annually.
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3 | | (Source: P.A. 94-1111, eff. 2-27-07.)
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4 | | Section 90. The State Mandates Act is amended by adding |
5 | | Section 8.45 as follows: |
6 | | (30 ILCS 805/8.45 new) |
7 | | Sec. 8.45. Exempt mandate. Notwithstanding Sections 6 and |
8 | | 8 of this Act, no reimbursement by the State is required for |
9 | | the implementation of any mandate created by this amendatory |
10 | | Act of the 102nd General Assembly.
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11 | | Section 99. Effective date. This Act takes effect upon |
12 | | becoming law.
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