40 ILCS 5/20-125

Current through Public Act 103-1052
Section 40 ILCS 5/20-125 - [Text of Section WITH the changes made by P.A. 98-599, which has been held unconstitutional] Return to employment - suspension of benefits

If a retired employee returns to employment which is covered by a system from which he is receiving a proportional annuity under this Article, his proportional annuity from all participating systems shall be suspended during the period of re-employment, except that this suspension does not apply to any distributions payable under the self-managed plan established under Section 15-158.2 or under a defined contribution plan established under Article 2, 14, 15, or 16 of this Code.

The provisions of the Article under which such employment would be covered shall govern the determination of whether the employee has returned to employment, and if applicable the exemption of temporary employment or employment not exceeding a specified duration or frequency, for all participating systems from which the retired employee is receiving a proportional annuity under this Article, notwithstanding any contrary provisions in the other Articles governing such systems.

40 ILCS 5/20-125

Amended by P.A. 098-0599,§ 15, eff. 6/1/2014.
P.A. 85-1008; 91-887, eff. 7-6-00.
This section is set out more than once due to postponed, multiple, or conflicting amendments.