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Full Text of SB2953
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SB2953 - 104th General Assembly
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SB2953 Engrossed
LRB104 18684 RPS 32127 b
1
AN ACT concerning public employee benefits.
2
Be it enacted by the People of the State of Illinois,
3
represented in the General Assembly:
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:
16
(1) is not within the school year during which service
17
was terminated; and
18
(2) does not exceed the following:
19
(i) before July 1, 2001, 100 paid days or 500 paid
20
hours in any school year;
21
(ii) during the period beginning July 1, 2001
22
through June 30, 2011, 120 paid days or 600 paid hours
23
in each school year;
SB2953 Engrossed
- 2 -
LRB104 18684 RPS 32127 b
1
(iii) during the period beginning July 1, 2011
2
through June 30, 2018, 100 paid days or 500 paid hours
3
in each school year;
4
(iv) beginning July 1, 2018 through June 30,
2029
5
2026
, 120 paid days or 600 paid hours in each school
6
year, but not more than 100 paid days in the same
7
classroom;
8
(v) (blank); and
9
(vi) beginning July 1,
2029
2026
, 100 paid days or
10
500 paid hours in each school year.
11
Where such permitted employment is partly on a daily and
12
partly on an hourly basis, a day shall be considered as 5
13
hours.
14
(b) Subsection (a) does not apply to an annuitant who
15
returns to teaching under the program established in Section
16
16-150.1, for the duration of his or her participation in that
17
program.
18
(Source: P.A. 102-537, eff. 8-20-21; 102-709, eff. 4-22-22;
19
103-88, eff. 6-9-23; 103-525, eff. 8-11-23.)
20
Section 99.
Effective date.
This Act takes effect upon
21
becoming law.
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