Illinois HB0079 amends the Illinois Municipal Retirement Fund (IMRF) to address the suspension and reinstatement of retirement annuities for.
Illinois HB0079 amends the Illinois Municipal Retirement Fund (IMRF) provisions concerning the suspension and reinstatement of retirement annuities. It specifies that an annuitant who returns to work for a participating employer must notify the Fund and their employer of their retirement status. Failure to notify results in a Class A misdemeanor and a $1,000 fine. The bill also outlines the conditions under which an annuitant is considered a participating employee, including working more than 599 hours annually.
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- Core Provisions
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- Legal Framework
- Critical Issues
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