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IL HB1351

Bill

Status

Passed

8/16/2013

Primary Sponsor

Raymond Poe

Click for details

Origin

House of Representatives

98th General Assembly

AI Summary

  • Modifies suspension of retirement annuities when annuitants return to work as participating employees, allowing continued annuity payments if authorized under Section 7-137.1.

  • Defines participating employee status for returning annuitants as those working more than 599 hours annually (or 999 hours with employers that adopted a specific resolution).

  • Establishes annual measurement periods for hours worked beginning on the month and day of initial employment following the annuity effective date.

  • Preserves supplemental annuity calculations for those returning to service, with different formulas for those serving less than 48 months versus 48 months or more.

  • Exempts the state from reimbursement requirements under the State Mandates Act for implementing this legislation.

Legislative Description

PEN CD-IMRF-RETURN TO SERVICE

Last Action

Public Act . . . . . . . . . 98-0389

8/16/2013

Committee Referrals

Executive4/3/2013
Assignments3/21/2013
Personnel & Pensions2/20/2013
Rules2/6/2013

Full Bill Text

No bill text available