SB3465: PENCD-CHI TEACHER-REEMPLOYMENT

Legislative Summary

Amends the Chicago Teacher Article of the Illinois Pension Code. Provides that until June 30, 2024, the service retirement pension of a service retirement pensioner shall not be cancelled if the service retirement pensioner is employed in a subject shortage area and the employer that is employing the service retirement pensioner meets specified requirements. Provides that an employer of a teacher who is unable to continue employment with the employer because of documented illness, injury, or disability that occurred after being hired by the employer is exempt from specified job posting requirements for 90 school days, but must on an ongoing basis comply with those requirements. Provides that the employer must submit documentation of its compliance to the regional superintendent. Provides that upon receiving satisfactory documentation from the employer, the regional superintendent shall certify the employer's compliance with the requirements to the Fund. Makes conforming and other changes. Effective immediately.