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| | SB3045 Engrossed | | LRB100 17218 RPS 32377 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 changing |
5 | | Section 16-118 as follows:
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6 | | (40 ILCS 5/16-118) (from Ch. 108 1/2, par. 16-118)
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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.
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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
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16 | | service was terminated; and (2) does not exceed the following: |
17 | | (i) before July 1, 2001, 100 paid days or 500 paid
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18 | | hours in any school year ; |
19 | | (ii) ( during the period beginning July 1, 2001 through
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20 | | June 30, 2011, 120 paid days or 600 paid hours in each |
21 | | school year ; ) |
22 | | (iii) during the period beginning July 1, 2011 through
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23 | | June 30, 2018, 100 paid days or 500 paid hours in each |