PEN CD-IMRF-ANNUITY SUSPENSION

Amends the Illinois Municipal Retirement Fund (IMRF) Article of the Illinois Pension Code. Provides that, if the retirement application of any annuitant under the Article must be retroactively denied because there was not a separation from service, and the participating municipality or participating instrumentality that employs, re-employs, or contracts with that annuitant knowingly fails to notify the Board of such service, the Board may review the totality of circumstances regarding the member not having a separation of service and assign proportionate responsibility for reimbursement of the total of any annuity payments made to the annuitant in error, as determined by the Board, between the participating municipality or participating instrumentality and the annuitant, less any amount actually repaid by the annuitant. Provides that the total amount repaid by the annuitant plus any amount reimbursed by the employer to the Fund shall not be more than the total of all annuity payments made to the annuitant in error. Adds similar provisions to a provision concerning the suspension of retirement annuities during employment, and removes language providing that those provisions shall not apply if the annuitant returned to work for the employer for less than 12 months. Amends the State Mandates Act to require implementation without reimbursement.