SB 2953

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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.