“Retirement”: Entry upon a retirement annuity or receipt of a single-sum retirement benefit granted under this Article after termination of active service as a teacher.
     (a) An annuitant receiving a retirement annuity other than a disability retirement annuity may accept employment as a teacher from a school board or other employer specified in Section 16-106 without impairing retirement status, if that employment:

Terms Used In Illinois Compiled Statutes 40 ILCS 5/16-118

  • Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.

         (1) is not within the school year during which
    
service was terminated; and
        (2) does not exceed the following:
             (i) before July 1, 2001, 100 paid days or 500
        
paid hours in any school year;
            (ii) during the period beginning July 1, 2001
        
through June 30, 2011, 120 paid days or 600 paid hours in each school year;
            (iii) during the period beginning July 1, 2011
        
through June 30, 2018, 100 paid days or 500 paid hours in each school year;
            (iv) beginning July 1, 2018 through June 30,
        
2026, 120 paid days or 600 paid hours in each school year, but not more than 100 paid days in the same classroom;
            (v) (blank); and
             (vi) beginning July 1, 2026, 100 paid days or 500
        
paid hours in each school year.
    Where such permitted employment is partly on a daily and partly on an hourly basis, a day shall be considered as 5 hours.
     (b) Subsection (a) does not apply to an annuitant who returns to teaching under the program established in Section 16-150.1, for the duration of his or her participation in that program.
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