| |||||||
| |||||||
| |||||||
| 1 | AMENDMENT TO SENATE BILL 235
| ||||||
| 2 | AMENDMENT NO. ______. Amend Senate Bill 235 by replacing | ||||||
| 3 | everything after the enacting clause with the following:
| ||||||
| 4 | "Section 5. The Illinois Pension Code is amended by | ||||||
| 5 | changing 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 the following: | ||||||
| |||||||
| |||||||
| 1 | (i) before July 1, 2001, 100 paid days or 500 paid
| ||||||
| 2 | hours in any school year; | ||||||
| 3 | (ii) (during the period beginning July 1, 2001 through
| ||||||
| 4 | June 30, 2011, 120 paid days or 600 paid hours in each | ||||||
| 5 | school year; ) | ||||||
| 6 | (iii) during the period beginning July 1, 2011 through
| ||||||
| 7 | June 30, 2016, 100 paid days or 500 paid hours in each | ||||||
| 8 | school year; | ||||||
| 9 | (iv) during the period beginning July 1, 2016 through | ||||||
| 10 | June 30, 2018, 120 paid days or 600 paid hours in each | ||||||
| 11 | school year; and | ||||||
| 12 | (v) beginning July 1, 2018, 100 paid days or 500 paid | ||||||
| 13 | hours in each school year. | ||||||
| 14 | Where
such permitted employment is partly on a daily and | ||||||
| 15 | partly on an hourly basis,
a day shall be considered as 5 | ||||||
| 16 | hours.
| ||||||
| 17 | (b) Subsection (a) does not apply to an annuitant who | ||||||
| 18 | returns to teaching
under the program established in Section | ||||||
| 19 | 16-150.1, for the duration of his or
her participation in that | ||||||
| 20 | program.
| ||||||
| 21 | (Source: P.A. 93-320, eff. 7-23-03; 94-914, eff. 6-23-06.)
| ||||||
| 22 | Section 99. Effective date. This Act takes effect upon | ||||||
| 23 | becoming law.".
| ||||||