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| | 103RD GENERAL ASSEMBLY
State of Illinois
2023 and 2024 HB2352 Introduced 2/14/2023, by Rep. Marcus C. Evans, Jr. SYNOPSIS AS INTRODUCED: |
| 40 ILCS 5/8-165 | from Ch. 108 1/2, par. 8-165 |
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Amends the Chicago Municipal Article of the Illinois Pension Code. Provides that for school years beginning on or after July 1, 2023, an age and service or prior service annuity shall not be cancelled in the case of an employee who is re-employed by the Board of Education of the city as a paraprofessional or related service provider on a temporary and non-annual basis or on an hourly basis so long as the person: (1) does not work for compensation on more than 120 days in a school year; or (2) does not accept gross compensation for the re-employment in a school year in excess of
$30,000. Effective immediately.
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| | A BILL FOR |
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| | HB2352 | | LRB103 27717 RPS 54094 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 8-165 as follows:
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6 | | (40 ILCS 5/8-165) (from Ch. 108 1/2, par. 8-165)
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7 | | Sec. 8-165. Re-entry into service. |
8 | | (a) Except as provided in subsection (c) or (d) , when an |
9 | | employee receiving age and service or prior service
annuity |
10 | | who has withdrawn from service after the effective date
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11 | | re-enters service before age 65, any annuity previously |
12 | | granted and any
annuity fixed for his wife shall be cancelled. |
13 | | The employee shall be
credited for annuity purposes with sums |
14 | | sufficient to provide annuities
equal to those cancelled, as |
15 | | of their ages on the date of re-entry;
provided, the maximum |
16 | | age of the wife for this purpose shall be as
provided in |
17 | | Section 8-155 of this Article.
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18 | | The sums so credited shall provide for annuities to be |
19 | | fixed and
granted in the future. Contributions by the |
20 | | employees
and the city for
the purposes of this Article shall |
21 | | be made, and when the proper time
arrives, as provided in this |
22 | | Article, new annuities based upon the total
credit for annuity |
23 | | purposes and the entire term of his service shall be
fixed for |