Illinois 2025 2025-2026 Regular Session

Illinois House Bill HB2474 Introduced / Bill

Filed 02/03/2025

                    104TH GENERAL ASSEMBLY
 State of Illinois
 2025 and 2026 HB2474 Introduced , by Rep. Amy Elik SYNOPSIS AS INTRODUCED: 40 ILCS 5/7-144 from Ch. 108 1/2, par. 7-144 Amends the Illinois Municipal Retirement Fund (IMRF) Article of the Illinois Pension Code. In a provision concerning suspensions of retirement annuities during employment with a participating employer, provides that, until January 1, 2030, an annuitant receiving an annuity under the sheriff's law enforcement employees provisions shall be considered a participating employee if the annuitant returns to work as a school security guard or school resource officer employed by a participating employer and works more than 1,000 hours annually. Effective immediately. LRB104 06357 RPS 16393 b   A BILL FOR 104TH GENERAL ASSEMBLY
 State of Illinois
 2025 and 2026 HB2474 Introduced , by Rep. Amy Elik SYNOPSIS AS INTRODUCED:  40 ILCS 5/7-144 from Ch. 108 1/2, par. 7-144 40 ILCS 5/7-144 from Ch. 108 1/2, par. 7-144 Amends the Illinois Municipal Retirement Fund (IMRF) Article of the Illinois Pension Code. In a provision concerning suspensions of retirement annuities during employment with a participating employer, provides that, until January 1, 2030, an annuitant receiving an annuity under the sheriff's law enforcement employees provisions shall be considered a participating employee if the annuitant returns to work as a school security guard or school resource officer employed by a participating employer and works more than 1,000 hours annually. Effective immediately.  LRB104 06357 RPS 16393 b     LRB104 06357 RPS 16393 b   A BILL FOR
104TH GENERAL ASSEMBLY
 State of Illinois
 2025 and 2026 HB2474 Introduced , by Rep. Amy Elik SYNOPSIS AS INTRODUCED:
40 ILCS 5/7-144 from Ch. 108 1/2, par. 7-144 40 ILCS 5/7-144 from Ch. 108 1/2, par. 7-144
40 ILCS 5/7-144 from Ch. 108 1/2, par. 7-144
Amends the Illinois Municipal Retirement Fund (IMRF) Article of the Illinois Pension Code. In a provision concerning suspensions of retirement annuities during employment with a participating employer, provides that, until January 1, 2030, an annuitant receiving an annuity under the sheriff's law enforcement employees provisions shall be considered a participating employee if the annuitant returns to work as a school security guard or school resource officer employed by a participating employer and works more than 1,000 hours annually. Effective immediately.
LRB104 06357 RPS 16393 b     LRB104 06357 RPS 16393 b
    LRB104 06357 RPS 16393 b
A BILL FOR
HB2474LRB104 06357 RPS 16393 b   HB2474  LRB104 06357 RPS 16393 b
  HB2474  LRB104 06357 RPS 16393 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 7-144 as follows:
6  (40 ILCS 5/7-144) (from Ch. 108 1/2, par. 7-144)
7  Sec. 7-144. Retirement annuities; suspended during
8  employment.
9  (a) If any person receiving any annuity again becomes an
10  employee and receives earnings from employment in a position
11  requiring him, or entitling him to elect, to become a
12  participating employee, then the annuity payable to such
13  employee shall be suspended as of the first day of the month
14  coincidental with or next following the date upon which such
15  person becomes such an employee, unless the person is
16  authorized under subsection (b) of Section 7-137.1 of this
17  Code to continue receiving a retirement annuity during that
18  period. Upon proper qualification of the participating
19  employee payment of such annuity may be resumed on the first
20  day of the month following such qualification and upon proper
21  application therefor. The participating employee in such case
22  shall be entitled to a supplemental annuity arising from
23  service and credits earned subsequent to such re-entry as a

 

104TH GENERAL ASSEMBLY
 State of Illinois
 2025 and 2026 HB2474 Introduced , by Rep. Amy Elik SYNOPSIS AS INTRODUCED:
40 ILCS 5/7-144 from Ch. 108 1/2, par. 7-144 40 ILCS 5/7-144 from Ch. 108 1/2, par. 7-144
40 ILCS 5/7-144 from Ch. 108 1/2, par. 7-144
Amends the Illinois Municipal Retirement Fund (IMRF) Article of the Illinois Pension Code. In a provision concerning suspensions of retirement annuities during employment with a participating employer, provides that, until January 1, 2030, an annuitant receiving an annuity under the sheriff's law enforcement employees provisions shall be considered a participating employee if the annuitant returns to work as a school security guard or school resource officer employed by a participating employer and works more than 1,000 hours annually. Effective immediately.
LRB104 06357 RPS 16393 b     LRB104 06357 RPS 16393 b
    LRB104 06357 RPS 16393 b
A BILL FOR

 

 

40 ILCS 5/7-144 from Ch. 108 1/2, par. 7-144



    LRB104 06357 RPS 16393 b

 

 



 

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1  participating employee.
2  Notwithstanding any other provision of this Article, an
3  annuitant shall be considered a participating employee if he
4  or she returns to work as an employee with a participating
5  employer and works more than 599 hours annually (or 999 hours
6  annually with a participating employer that has adopted a
7  resolution pursuant to subsection (e) of Section 7-137 of this
8  Code). Each of these annual periods shall commence on the
9  month and day upon which the annuitant is first employed with
10  the participating employer following the effective date of the
11  annuity.
12  Notwithstanding any other provision of this Article, until
13  January 1, 2030, an annuitant receiving an annuity under
14  Section 7-142.1 shall be considered a participating employee
15  if the annuitant returns to work as a school security guard or
16  school resource officer employed by a participating employer
17  and works more than 1,000 hours annually.
18  (a-5) If any annuitant under this Article must be
19  considered a participating employee per the provisions of
20  subsection (a) of this Section, and the participating
21  municipality or participating instrumentality that employs or
22  re-employs that annuitant knowingly fails to notify the Board
23  to suspend the annuity, the participating municipality or
24  participating instrumentality may be required to reimburse the
25  Fund for an amount up to one-half of the total of any annuity
26  payments made to the annuitant after the date the annuity

 

 

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1  should have been suspended, as determined by the Board. In no
2  case shall the total amount repaid by the annuitant plus any
3  amount reimbursed by the employer to the Fund be more than the
4  total of all annuity payments made to the annuitant after the
5  date the annuity should have been suspended. This subsection
6  shall not apply if the annuitant returned to work for the
7  employer for less than 12 months.
8  The Fund shall notify all annuitants that they must notify
9  the Fund immediately if they return to work for any
10  participating employer. The notification by the Fund shall
11  occur upon retirement and no less than annually thereafter in
12  a format determined by the Fund. The Fund shall also develop
13  and maintain a system to track annuitants who have returned to
14  work and notify the participating employer and annuitant at
15  least annually of the limitations on returning to work under
16  this Section.
17  (b) Supplemental annuities to persons who return to
18  service for less than 48 months shall be computed under the
19  provisions of Sections 7-141, 7-142, and 7-143. In determining
20  whether an employee is eligible for an annuity which requires
21  a minimum period of service, his entire period of service
22  shall be taken into consideration but the supplemental annuity
23  shall be based on earnings and service in the supplemental
24  period only. The effective date of the suspended and
25  supplemental annuity for the purpose of increases after
26  retirement shall be considered to be the effective date of the

 

 

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1  suspended annuity.
2  (c) Supplemental annuities to persons who return to
3  service for 48 months or more shall be a monthly amount
4  determined as follows:
5  (1) An amount shall be computed under subparagraph b
6  of paragraph (1) of subsection (a) of Section 7-142,
7  considering all of the service credits of the employee.
8  (2) The actuarial value in monthly payments for life
9  of the annuity payments made before suspension shall be
10  determined and subtracted from the amount determined in
11  paragraph (1) above.
12  (3) The monthly amount of the suspended annuity, with
13  any applicable increases after retirement computed from
14  the effective date to the date of reinstatement, shall be
15  subtracted from the amount determined in paragraph (2)
16  above and the remainder shall be the amount of the
17  supplemental annuity provided that this amount shall not
18  be less than the amount computed under subsection (b) of
19  this Section.
20  (4) The suspended annuity shall be reinstated at an
21  amount including any increases after retirement from the
22  effective date to date of reinstatement.
23  (5) The effective date of the combined suspended and
24  supplemental annuities for the purposes of increases after
25  retirement shall be considered to be the effective date of
26  the supplemental annuity.

 

 

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1  (d) If a Tier 2 regular employee becomes a member or
2  participant under any other system or fund created by this
3  Code and is employed on a full-time basis, except for those
4  members or participants exempted from the provisions of
5  subsection (a) of Section 1-160 of this Code (other than a
6  participating employee under this Article), then the person's
7  retirement annuity shall be suspended during that employment.
8  Upon termination of that employment, the person's retirement
9  annuity shall resume and be recalculated as required by this
10  Section.
11  (e) If a Tier 2 regular employee first began participation
12  on or after January 1, 2012 and is receiving a retirement
13  annuity and accepts on a contractual basis a position to
14  provide services to a governmental entity from which he or she
15  has retired, then that person's annuity or retirement pension
16  shall be suspended during that contractual service,
17  notwithstanding the provisions of any other Section in this
18  Article. Such annuitant shall notify the Fund, as well as his
19  or her contractual employer, of his or her retirement status
20  before accepting contractual employment. A person who fails to
21  submit such notification shall be guilty of a Class A
22  misdemeanor and required to pay a fine of $1,000. Upon
23  termination of that contractual employment, the person's
24  retirement annuity shall resume and be recalculated as
25  required by this Section.
26  (Source: P.A. 102-210, eff. 1-1-22; 103-154, eff. 6-30-23.)

 

 

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