Employment after Retirement Fact Sheet
Employer Restrictions under 40 ILCS 5/15-139.5
Employer Return-to-Work Restrictions
Public Act 97-0968 provides that a SURS-covered employer is to make a contribution to SURS if it employs an "affected annuitant" on or after August 1, 2013. The contribution will be equal to the affected annuitant's annualized retirement annuity payable on the day in which the employer has employed the affected annuitant.
Once an affected annuitant, the annuitant remains an affected annuitant unless he or she suspends the pension and returns to active service. Upon resuming retirement the annuitant returns to affected annuitant status.
Explanation of Affected Annuitant
An employed annuitant would become an affected annuitant on the first day of an academic year following the academic year in which the annuitant initially meets both of the following conditions:
1.Works more than 18 paid weeks that occur after August 1, 2013. This condition is cumulative over a lifetime and not particular to any single academic year; and
2.Receives compensation during an academic year beginning after August 1, 2013, that is greater than 40 percent of the highest annual rate of earnings earned prior to retirement
This legislation operates independently of the SURS return-to-work restrictions under 40 ILCS 5/15-139 and only applies to a SURS-covered employer that employs a SURS annuitant.
There is no additional contribution requirement or employment limitation for an annuitant who becomes an affected annuitant.
SURS-Covered Employers
Black Hawk College
Board of Examiners
Carl Sandburg College
Chicago State University
City Colleges of Chicago
College of DuPage
College of Lake County
Danville Area Community College
Eastern Illinois University
Elgin Community College
SURS-Covered Employers (cont'd)
Governors State University
Heartland Community College
Illinois Board of Higher Education
Illinois Central College
Illinois Community College Board
Illinois Community College Trustees Association
Illinois Eastern Community College
Illinois Mathematics & Science Academy
Illinois State University
Illinois Valley Community College
John A. Logan College
John Wood Community College
Joliet Junior College
Kankakee Community College
Kaskaskia College
Kishwaukee College
Lake Land College
Lewis & Clark Community College
Lincoln Land Community College
McHenry College
Moraine Valley Community College
Morton College
Northeastern Illinois University
Northern Illinois University
Northern Illinois University Foundation
Oakton Community College
Parkland College
Prairie State College
Rend Lake College
Richland Community College
Rock Valley College
Sauk Valley College
Shawnee College
South Suburban College
Southeastern Illinois College
Southern Illinois Collegiate Common Market
Southern Illinois University-Carbondale
Southern Illinois University School of Medicine
Southern Illinois University-Edwardsville
Southern Illinois University Foundation-Edwardsville
Southwestern Illinois College
Spoon River College
State Universities Civil Service System
State Universities Retirement System
Triton College
University of Illinois Alumni Association
University of Illinois-Chicago
University of Illinois Foundation
University of Illinois-Springfield
University of Illinois-Urbana
Waubonsee Community College
Western Illinois University
William Rainey Harper College
Rev. 05.20.13