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 HB2474 LRB104 06357 RPS 16393 b HB2474- 2 -LRB104 06357 RPS 16393 b HB2474 - 2 - LRB104 06357 RPS 16393 b HB2474 - 2 - LRB104 06357 RPS 16393 b 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 HB2474 - 2 - LRB104 06357 RPS 16393 b HB2474- 3 -LRB104 06357 RPS 16393 b HB2474 - 3 - LRB104 06357 RPS 16393 b HB2474 - 3 - LRB104 06357 RPS 16393 b 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 HB2474 - 3 - LRB104 06357 RPS 16393 b HB2474- 4 -LRB104 06357 RPS 16393 b HB2474 - 4 - LRB104 06357 RPS 16393 b HB2474 - 4 - LRB104 06357 RPS 16393 b 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. HB2474 - 4 - LRB104 06357 RPS 16393 b HB2474- 5 -LRB104 06357 RPS 16393 b HB2474 - 5 - LRB104 06357 RPS 16393 b HB2474 - 5 - LRB104 06357 RPS 16393 b 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.) HB2474 - 5 - LRB104 06357 RPS 16393 b HB2474- 6 -LRB104 06357 RPS 16393 b HB2474 - 6 - LRB104 06357 RPS 16393 b HB2474 - 6 - LRB104 06357 RPS 16393 b HB2474 - 6 - LRB104 06357 RPS 16393 b