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It is possible to work as a substitute teacher - the limitations are based on the 100 day/500 hour rule, explained here: http://trs.illinois.gov/employers/postRetirement.htm
Your post-retirement benefits (including the right to work and limitations on the same) are described in detail in Chapter 10 of this handbook: http://trs.illinois.gov/employers/guide/guide.pdf (begins at page 144 in the PDF).