(40 ILCS 5/14-111) (from Ch. 108 1/2, par. 14-111)
Sec. 14-111.
Re-entry After retirement.
(a) An annuitant who re-enters the service of a department and receives
compensation on a regular payroll shall receive no payments of the
retirement annuity during the time he is so employed, with the following
exceptions:
(1) An annuitant who is employed by a department |
| while he or she is a continuing participant in the General Assembly Retirement System under Sections 2-117.1 and 14-105.4 will not be considered to have made a re-entry after retirement within the meaning of this Section for the duration of such continuing participation. Any person who is a continuing participant under Sections 2-117.1 and 14-105.4 on the effective date of this amendatory Act of 1991 and whose retirement annuity has been suspended under this Section shall be entitled to receive from the System a sum equal to the annuity payments that have been withheld under this Section, and shall receive the benefit of this amendment without regard to Section 1-103.1.
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(2) An annuitant who accepts temporary employment
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| from such a department for a period not exceeding 75 working days in any calendar year is not considered to make a re-entry after retirement within the meaning of this Section. Any part of a day on temporary employment is considered a full day of employment.
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(b) If such person re-enters the service of a department, not as a
temporary employee, contributions to the system shall begin as of the
date of re-employment and additional creditable service shall begin to
accrue. He shall assume the status of a member entitled to all rights
and privileges in the system, including death and disability benefits,
excluding a refund of contributions.
Upon subsequent retirement, his retirement annuity shall consist of:
(1) the amounts of the annuities terminated by
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| re-entry into service; and
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(2) the amount of the additional retirement annuity
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| earned by the member during the period of additional membership service which shall not be subject to reversionary annuity if any.
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The total retirement annuity shall not, however, exceed the maximum
applicable to the member at the time of original retirement.
In the computation of any such retirement annuity, the time that the
member was on retirement shall not interrupt the continuity of service
for the computation of final average compensation and the additional
membership service shall be considered, together with service rendered
before the previous retirement, in establishing final average
compensation.
A person who re-enters the service of a department within 3 years
after retiring may qualify to have the retirement annuity computed as
though the member had not previously retired by paying to
the System, within 5 years after re-entry and prior to subsequent
retirement, in a lump sum or in installment payments in accordance with
such rules as may be adopted by the Board, an amount equal to all
retirement payments received, including any payments received in accordance
with subsection (c) or (d) of Section 14-130, plus regular interest from
the date retirement payments were suspended to the date of repayment.
(Source: P.A. 86-1488; 87-794.)
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