Loading chat...
IL HB1351
Bill
Status
8/16/2013
Primary Sponsor
Raymond Poe
Click for details
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