Illinois 2025-2026 Regular Session

Illinois House Bill HB2474 Compare Versions

Only one version of the bill is available at this time.

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1	1	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
2	2	104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026 HB2474 Introduced , by Rep. Amy Elik SYNOPSIS AS INTRODUCED:
3	3	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
4	4	40 ILCS 5/7-144 from Ch. 108 1/2, par. 7-144
5	5	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.
6	6	LRB104 06357 RPS 16393 b LRB104 06357 RPS 16393 b
7	7	LRB104 06357 RPS 16393 b
8	8	A BILL FOR
9	9	HB2474LRB104 06357 RPS 16393 b HB2474 LRB104 06357 RPS 16393 b
10	10	HB2474 LRB104 06357 RPS 16393 b
11	11	1 AN ACT concerning public employee benefits.
12	12	2 Be it enacted by the People of the State of Illinois,
13	13	3 represented in the General Assembly:
14	14	4 Section 5. The Illinois Pension Code is amended by
15	15	5 changing Section 7-144 as follows:
16	16	6 (40 ILCS 5/7-144) (from Ch. 108 1/2, par. 7-144)
17	17	7 Sec. 7-144. Retirement annuities; suspended during
18	18	8 employment.
19	19	9 (a) If any person receiving any annuity again becomes an
20	20	10 employee and receives earnings from employment in a position
21	21	11 requiring him, or entitling him to elect, to become a
22	22	12 participating employee, then the annuity payable to such
23	23	13 employee shall be suspended as of the first day of the month
24	24	14 coincidental with or next following the date upon which such
25	25	15 person becomes such an employee, unless the person is
26	26	16 authorized under subsection (b) of Section 7-137.1 of this
27	27	17 Code to continue receiving a retirement annuity during that
28	28	18 period. Upon proper qualification of the participating
29	29	19 employee payment of such annuity may be resumed on the first
30	30	20 day of the month following such qualification and upon proper
31	31	21 application therefor. The participating employee in such case
32	32	22 shall be entitled to a supplemental annuity arising from
33	33	23 service and credits earned subsequent to such re-entry as a
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37	37	104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026 HB2474 Introduced , by Rep. Amy Elik SYNOPSIS AS INTRODUCED:
38	38	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
39	39	40 ILCS 5/7-144 from Ch. 108 1/2, par. 7-144
40	40	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.
41	41	LRB104 06357 RPS 16393 b LRB104 06357 RPS 16393 b
42	42	LRB104 06357 RPS 16393 b
43	43	A BILL FOR
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49	49	40 ILCS 5/7-144 from Ch. 108 1/2, par. 7-144
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68	68	1 participating employee.
69	69	2 Notwithstanding any other provision of this Article, an
70	70	3 annuitant shall be considered a participating employee if he
71	71	4 or she returns to work as an employee with a participating
72	72	5 employer and works more than 599 hours annually (or 999 hours
73	73	6 annually with a participating employer that has adopted a
74	74	7 resolution pursuant to subsection (e) of Section 7-137 of this
75	75	8 Code). Each of these annual periods shall commence on the
76	76	9 month and day upon which the annuitant is first employed with
77	77	10 the participating employer following the effective date of the
78	78	11 annuity.
79	79	12 Notwithstanding any other provision of this Article, until
80	80	13 January 1, 2030, an annuitant receiving an annuity under
81	81	14 Section 7-142.1 shall be considered a participating employee
82	82	15 if the annuitant returns to work as a school security guard or
83	83	16 school resource officer employed by a participating employer
84	84	17 and works more than 1,000 hours annually.
85	85	18 (a-5) If any annuitant under this Article must be
86	86	19 considered a participating employee per the provisions of
87	87	20 subsection (a) of this Section, and the participating
88	88	21 municipality or participating instrumentality that employs or
89	89	22 re-employs that annuitant knowingly fails to notify the Board
90	90	23 to suspend the annuity, the participating municipality or
91	91	24 participating instrumentality may be required to reimburse the
92	92	25 Fund for an amount up to one-half of the total of any annuity
93	93	26 payments made to the annuitant after the date the annuity
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104	104	1 should have been suspended, as determined by the Board. In no
105	105	2 case shall the total amount repaid by the annuitant plus any
106	106	3 amount reimbursed by the employer to the Fund be more than the
107	107	4 total of all annuity payments made to the annuitant after the
108	108	5 date the annuity should have been suspended. This subsection
109	109	6 shall not apply if the annuitant returned to work for the
110	110	7 employer for less than 12 months.
111	111	8 The Fund shall notify all annuitants that they must notify
112	112	9 the Fund immediately if they return to work for any
113	113	10 participating employer. The notification by the Fund shall
114	114	11 occur upon retirement and no less than annually thereafter in
115	115	12 a format determined by the Fund. The Fund shall also develop
116	116	13 and maintain a system to track annuitants who have returned to
117	117	14 work and notify the participating employer and annuitant at
118	118	15 least annually of the limitations on returning to work under
119	119	16 this Section.
120	120	17 (b) Supplemental annuities to persons who return to
121	121	18 service for less than 48 months shall be computed under the
122	122	19 provisions of Sections 7-141, 7-142, and 7-143. In determining
123	123	20 whether an employee is eligible for an annuity which requires
124	124	21 a minimum period of service, his entire period of service
125	125	22 shall be taken into consideration but the supplemental annuity
126	126	23 shall be based on earnings and service in the supplemental
127	127	24 period only. The effective date of the suspended and
128	128	25 supplemental annuity for the purpose of increases after
129	129	26 retirement shall be considered to be the effective date of the
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140	140	1 suspended annuity.
141	141	2 (c) Supplemental annuities to persons who return to
142	142	3 service for 48 months or more shall be a monthly amount
143	143	4 determined as follows:
144	144	5 (1) An amount shall be computed under subparagraph b
145	145	6 of paragraph (1) of subsection (a) of Section 7-142,
146	146	7 considering all of the service credits of the employee.
147	147	8 (2) The actuarial value in monthly payments for life
148	148	9 of the annuity payments made before suspension shall be
149	149	10 determined and subtracted from the amount determined in
150	150	11 paragraph (1) above.
151	151	12 (3) The monthly amount of the suspended annuity, with
152	152	13 any applicable increases after retirement computed from
153	153	14 the effective date to the date of reinstatement, shall be
154	154	15 subtracted from the amount determined in paragraph (2)
155	155	16 above and the remainder shall be the amount of the
156	156	17 supplemental annuity provided that this amount shall not
157	157	18 be less than the amount computed under subsection (b) of
158	158	19 this Section.
159	159	20 (4) The suspended annuity shall be reinstated at an
160	160	21 amount including any increases after retirement from the
161	161	22 effective date to date of reinstatement.
162	162	23 (5) The effective date of the combined suspended and
163	163	24 supplemental annuities for the purposes of increases after
164	164	25 retirement shall be considered to be the effective date of
165	165	26 the supplemental annuity.
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176	176	1 (d) If a Tier 2 regular employee becomes a member or
177	177	2 participant under any other system or fund created by this
178	178	3 Code and is employed on a full-time basis, except for those
179	179	4 members or participants exempted from the provisions of
180	180	5 subsection (a) of Section 1-160 of this Code (other than a
181	181	6 participating employee under this Article), then the person's
182	182	7 retirement annuity shall be suspended during that employment.
183	183	8 Upon termination of that employment, the person's retirement
184	184	9 annuity shall resume and be recalculated as required by this
185	185	10 Section.
186	186	11 (e) If a Tier 2 regular employee first began participation
187	187	12 on or after January 1, 2012 and is receiving a retirement
188	188	13 annuity and accepts on a contractual basis a position to
189	189	14 provide services to a governmental entity from which he or she
190	190	15 has retired, then that person's annuity or retirement pension
191	191	16 shall be suspended during that contractual service,
192	192	17 notwithstanding the provisions of any other Section in this
193	193	18 Article. Such annuitant shall notify the Fund, as well as his
194	194	19 or her contractual employer, of his or her retirement status
195	195	20 before accepting contractual employment. A person who fails to
196	196	21 submit such notification shall be guilty of a Class A
197	197	22 misdemeanor and required to pay a fine of $1,000. Upon
198	198	23 termination of that contractual employment, the person's
199	199	24 retirement annuity shall resume and be recalculated as
200	200	25 required by this Section.
201	201	26 (Source: P.A. 102-210, eff. 1-1-22; 103-154, eff. 6-30-23.)
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