PEN CD-TRS-RETURN TO SERVICE

Amends the Downstate Teacher Article of the Illinois Pension Code. Provides that during the period between July 1, 2023 and June 30, 2026, an annuitant may accept employment as a teacher without impairing his or her retirement status if that employment is not within the school year during which service was terminated and does not exceed 150 paid days or 750 paid hours in each school year. Provides that beginning July 1, 2026 (instead of July 1, 2023), an annuitant may accept employment as a teacher without impairing his or her retirement status if that employment is not within the school year during which service was terminated and does not exceed 100 paid days or 500 paid hours in each school year. Effective immediately.