SB2775 - PEN CD-IMRF-RETURN TO SERVICE

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 June 3, 2026, an annuitant shall not be considered a participating employee if the annuitant is employed as a school bus driver by a participating school district and works fewer than 750 hours annually. Effective immediately.

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Mandate?
Position: No position
Revenue Loss?
Authority Preemption?