Reminder: Return to Work Changes Effective July 1, 2019
The Illinois Pension Code provides that a CTPF retiree may return to work as a temporary and non-annual employee for the Chicago Board of Education and/or Chicago charter schools (Employer) under certain limited circumstances. PA 101-0340 passed during the 101st General Assembly, effective July 1, 2019:
- raised the allowable number of days worked to 120 (a day is defined as 1 hour or more) up from 100, and
- changed the compensation limit for Administrators to an amount equal to the daily rate normally paid to retired principals multiplied by 100.
CTPF will mail all retirees the updated re-employment rules and the forms required for notifying CTPF of temporary or permanent re-employment in October.
Find more information on CTPF’s return to work information page.