Retirement

(40 ILCS 5/16-118) (from Ch. 108 1/2, par. 16-118)     Sec. 16-118. Retirement. "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:         (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,         2029, 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, 2029, 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. (Source: P.A. 103-88, eff. 6-9-23; 103-525, eff. 8-11-23; 104-532, eff. 6-26-26.)