Bill Text: IL SB0378 | 2017-2018 | 100th General Assembly | Introduced

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Bill Title: Amends the State Employee Article of the Illinois Pension Code. Makes a technical change in a Section concerning a retirement annuity following nonoccupational disability benefits.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Failed) 2019-01-09 - Session Sine Die [SB0378 Detail]

Download: Illinois-2017-SB0378-Introduced.html

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100TH GENERAL ASSEMBLY State of Illinois 2017 and 2018 SB0378 Introduced 1/24/2017, by Sen. John J. Cullerton SYNOPSIS AS INTRODUCED:
40 ILCS 5/14-126 from Ch. 108 1/2, par. 14-126
Amends the State Employee Article of the Illinois Pension Code. Makes a technical change in a Section concerning a retirement annuity following nonoccupational disability benefits.
LRB100 05086 RPS 15096 b
PENSION IMPACT NOTE ACT MAY APPLY
A BILL FOR
SB0378 LRB100 05086 RPS 15096 b
AN ACT concerning public employee benefits.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
Section 5. The Illinois Pension Code is amended by changing
Section 14-126 as follows:
(40 ILCS 5/14-126) (from Ch. 108 1/2, par. 14-126)
Sec. 14-126. Nonoccupational disability benefit-Rights on
expiration-Retirement annuity option on re-entry. Any member
having 15 or more years of creditable service, and and having
attained at least age 55, or having 20 or more years of
creditable service and having attained at least age 50, who,
after receiving nonoccupational disability benefit for the
maximum period of time specified herein is still disabled for
service, shall be entitled to receive a retirement annuity
beginning the first of the month following application, without
regard to whether the member has attained age 60.
If a member having 15 but less than 20 years of creditable
service is under age 55 when nonoccupational disability
benefits terminate, and the member has been continuously
disabled for service, the member is entitled upon application
to the retirement annuity upon the first of the month after
attainment of age 55.
If a member having 20 or more years of creditable service

SB0378 - 2 - LRB100 05086 RPS 15096 b
is under age 50 when nonoccupational disability benefits
terminate, and the member has been continuously disabled for
service, the member is entitled upon application to the
retirement annuity beginning upon the first of the month after
attainment of age 50.
As an option to the computation of a retirement annuity in
the manner provided in this Article, if a person who retires on
a retirement annuity prior to age 60 under the provisions of
this Section re-enters State employment, that person may refund
to the system the amount theretofore received as a retirement
annuity and upon subsequently retiring from State service shall
be entitled to a retirement annuity computed as though that
member had not previously received such annuity.
(Source: P.A. 80-841.)