Return to Work – Employer Restrictions
Background of Public Act 97-0968
Public Act 97-0968 provides that a SURS-covered employer contribute 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 you become an affected annuitant, you will remain an affected annuitant unless you suspend your retirement annuity and return to active service. Upon resuming retirement, you will return to affected annuitant status.
This legislation acts independently of the SURS return to work restrictions under 40 ILCS 5/15-139 and applies to a SURS-covered employer that employs a SURS annuitant. There is no additional contribution requirement or employment limitation imposed upon you for becoming an affected annuitant.
Public Act 97-0968 does not apply to the Retirement Savings Plan or to Portable Lump Sum Retirement recipients.
Explanation of Affected Annuitant
You will become an affected annuitant on the first day of the academic year following the academic year in which you initially meet the following conditions:
- You receive compensation during an academic year beginning after August 1, 2013, that is greater than 40% of your highest annual earnings earned prior to retirement.
- You received an annuity of at least $833.33 per month ($10,000 per year) in the academic year containing June 1, 2015, and any academic year thereafter.compensation during an academic year beginning after August 1, 2013, that is greater than 40% of your highest annual earnings earned prior to retirement.
Compensation received solely from federal, foundation, trust, or corporate funds, or state grants in which the principal investigator is named, does not apply toward affected annuitant status.
It is the employer’s responsibility to provide information to SURS regarding your re-employment within 60 days of such re-employment. To assist them in this process, your employer may require that you disclose and document your relevant prior employment and earnings history.
Requesting Information from SURS
If you require information regarding your prior SURS-covered employment history, you may request this information from SURS:
- Dial Toll Free: 800-275-7877
- Dial Direct: 217-378-88
- Fax: 217-378-9800
- Mail: 1901 Fox Drive, Champaign, IL 61820
If you need additional information, visit the SURS Member Website to obtain your Highest Annual Earnings and earnings limitation.
Upon your request, SURS will certify to you the following information as reported by your employers, as that information is indicated in SURS records:
- Highest annual earnings prior to retirement
- Number of paid weeks worked by you (as an annuitant) for an employer on or after August 1, 2013
- Compensation paid for that employment in each academic year
- Whether any of this employment or compensation has been certified to SURS as being paid from federal, corporate, foundation, or trust funds or grants of state funds that identify the principal investigator by name.
Frequently Asked Questions
- What is the amount the employer must pay SURS for hiring an affected annuitant?The employer must make a contribution to SURS equal to the affected annuitant’s annualized retirement annuity payable on the day in which the employer has employed the affected annuitant, i.e., the monthly annuity payable for the first month of employment is multiplied by twelve.
- Will SURS send notification to my employer if I stop/suspend my monthly retirement annuity?SURS will send notification to your employer upon request.