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IL HB2474

IL HB2474
PEN CD-IMRF-RETURN TO SERVICE


summary

Introduced
02/03/2025
In Committee
03/21/2025
Crossed Over
Passed
Dead

Introduced Session

104th General Assembly

Bill Summary

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.

AI Summary

This bill amends the Illinois Municipal Retirement Fund (IMRF) Article of the Illinois Pension Code to create a specific exception for sheriff's law enforcement employees who return to work as school security guards or school resource officers. Under the current law, retirement annuities are typically suspended if a retiree returns to work and earns over a certain number of hours annually. This bill provides that, until January 1, 2030, an annuitant receiving a retirement annuity under the sheriff's law enforcement employees provisions can work as a school security guard or school resource officer for a participating employer and work more than 1,000 hours annually without having their retirement annuity suspended. This provision appears to be designed to help address potential staffing shortages in school security positions by allowing retired law enforcement officers to return to work in these roles while still receiving their retirement benefits. The bill takes effect immediately, providing an immediate opportunity for eligible retired sheriff's law enforcement employees to return to work in school security roles.

Committee Categories

Labor and Employment

Sponsors (1)

Last Action

Rule 19(a) / Re-referred to Rules Committee (on 03/21/2025)

bill text


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