IL HB2583

Prohibits employers from reclassifying non-hourly employees as hourly employees to avoid pension obligations under the Illinois Pension Code.

Establishes that certified teachers and staff at charter schools are presumptively participants in the Teachers' Pension Fund unless the employer proves they do not work directly or indirectly with the charter school.

Requires employers to submit payroll records and pension contributions within 30 calendar days after each payday, with a $100 per day statutory penalty for late submission.

Imposes a penalty on delinquent contributions consisting of interest accruing monthly at the Fund's actuarial rate of return plus liquidated damages up to 20% of principal contributions due.

Requires each charter school to designate a Pension Officer responsible for certifying payroll information and resolving contribution deficiencies, and grants the Board authority to audit charter schools and collect delinquent contributions through legal proceedings.