Bill Text: IL SB1648 | 2023-2024 | 103rd General Assembly | Engrossed
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Reinserts the provisions of the engrossed bill with the following changes. Further amends the Illinois Pension Code. In the State Employees Articles of the Code, provides that a Tier 2 employee whose disability continues but whose disability benefit is terminated due to attaining age 65 or terminated after 5 years because the ordinary disability benefit commenced after age 60 shall immediately qualify to begin receiving a Tier 2 retirement annuity without reduction due to age if the employee has earned at least 10 years of service credit.
Spectrum: Partisan Bill (Democrat 3-0)
Status: (Passed) 2023-08-11 - Public Act . . . . . . . . . 103-0553 [SB1648 Detail]
Download: Illinois-2023-SB1648-Engrossed.html
Bill Title: Reinserts the provisions of the engrossed bill with the following changes. Further amends the Illinois Pension Code. In the State Employees Articles of the Code, provides that a Tier 2 employee whose disability continues but whose disability benefit is terminated due to attaining age 65 or terminated after 5 years because the ordinary disability benefit commenced after age 60 shall immediately qualify to begin receiving a Tier 2 retirement annuity without reduction due to age if the employee has earned at least 10 years of service credit.
Spectrum: Partisan Bill (Democrat 3-0)
Status: (Passed) 2023-08-11 - Public Act . . . . . . . . . 103-0553 [SB1648 Detail]
Download: Illinois-2023-SB1648-Engrossed.html
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1 | AN ACT concerning public employee benefits.
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2 | Be it enacted by the People of the State of Illinois,
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3 | represented in the General Assembly:
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4 | Section 5. The Illinois Pension Code is amended by | ||||||
5 | changing Section 11-159 and by adding Section 11-159.1 as | ||||||
6 | follows:
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7 | (40 ILCS 5/11-159) (from Ch. 108 1/2, par. 11-159)
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8 | Sec. 11-159. Annuity after withdrawal while disabled for | ||||||
9 | employees who first became participants prior to January 1, | ||||||
10 | 2011 . | ||||||
11 | (a) This Section applies to employees who first became | ||||||
12 | participants prior to January 1, 2011. | ||||||
13 | (b) An employee whose disability continues after the | ||||||
14 | employee he has received ordinary
disability benefits benefit | ||||||
15 | for the maximum period of time prescribed by this
Article , and | ||||||
16 | who withdraws before age 60 while still so disabled , is
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17 | entitled to receive an annuity in of such amount as can be | ||||||
18 | provided from the
total sum accumulated to the employee's his | ||||||
19 | credit from employee contributions and employer city
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20 | contributions, to be computed as of the employee's his age on | ||||||
21 | the date of withdrawal. If the minimum annuity under Section | ||||||
22 | 11-134 applies and is greater than the annuity under this | ||||||
23 | subsection (b), then the Section 11-134 annuity shall apply. |
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1 | Any annuity under this subsection (b) shall be subject to | ||||||
2 | automatic annual increases under Section 11-134.1.
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3 | (c) The annuity to which the employee's spouse his wife | ||||||
4 | shall be entitled upon the employee's his death , shall
be | ||||||
5 | fixed on the date of the employee's his withdrawal. It shall be | ||||||
6 | provided on a
reversionary annuity basis from the total sum | ||||||
7 | accumulated to the employee's his credit
for widow's annuity | ||||||
8 | on the date of such withdrawal. If the minimum annuity under | ||||||
9 | Section 11-145.1 applies and is greater than the annuity under | ||||||
10 | this subsection (c), then the Section 11-145.1 annuity shall | ||||||
11 | apply. Any widow's annuity shall not be subject to any | ||||||
12 | automatic annual increases.
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13 | (d) Upon the death of any such employee while on annuity, | ||||||
14 | if the employee's his service
was at least 4 years after the | ||||||
15 | date of the employee's his original entry, and at least
2 years | ||||||
16 | after the date of the employee's his latest re-entry, the | ||||||
17 | employee's his unmarried child or
children under age 18 shall | ||||||
18 | be entitled to an annuity as specified in this
Article for | ||||||
19 | children of an employee who retires after age 55, subject to
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20 | prescribed limitations on total payments to a family of an | ||||||
21 | employee.
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22 | (Source: P.A. 81-1536.)
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23 | (40 ILCS 5/11-159.1 new) | ||||||
24 | Sec. 11-159.1. Annuity after withdrawal while disabled for | ||||||
25 | employees who first became participants on or after January 1, |
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1 | 2011. | ||||||
2 | (a) This Section applies to employees who first became | ||||||
3 | participants on or after January 1, 2011. | ||||||
4 | (b) An employee whose disability continues after the | ||||||
5 | employee has received ordinary disability benefits for the | ||||||
6 | maximum period of time prescribed by this Article and who | ||||||
7 | withdraws before becoming eligible for a retirement annuity | ||||||
8 | under subsection (c), (c-5), (d), or (d-5) of Section 1-160 | ||||||
9 | while still so disabled is entitled to receive an annuity in | ||||||
10 | such amount as can be provided from the total sum accumulated | ||||||
11 | to the employee's credit from employee contributions and | ||||||
12 | employer contributions, to be computed as of the employee's | ||||||
13 | age on the date of withdrawal. The minimum annuity under | ||||||
14 | Section 11-134 shall not apply, and any annuity under this | ||||||
15 | subsection (b) shall not be subject to any automatic annual | ||||||
16 | increases. | ||||||
17 | (c) The annuity to which the employee's spouse shall be | ||||||
18 | entitled upon the employee's death shall be fixed on the date | ||||||
19 | of the employee's withdrawal. It shall be provided on a | ||||||
20 | reversionary annuity basis from the total sum accumulated to | ||||||
21 | the employee's credit for widow's annuity on the date of such | ||||||
22 | withdrawal. The minimum annuity under Section 11-145.1 shall | ||||||
23 | not apply and any widow's annuity under this subsection (c) | ||||||
24 | shall not be subject to any automatic annual increases. | ||||||
25 | (d) Upon the death of any such employee while on annuity, | ||||||
26 | if the employee's service was at least 4 years after the date |
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1 | of the employee's original entry, and at least 2 years after | |||||||||||||||||||||||||
2 | the date of the employee's latest re-entry, the employee's | |||||||||||||||||||||||||
3 | unmarried children under age 18 shall be entitled to an | |||||||||||||||||||||||||
4 | annuity as specified in this Article for children of an | |||||||||||||||||||||||||
5 | employee who retires after age 55, subject to prescribed | |||||||||||||||||||||||||
6 | limitations on total payments to a family of an employee.
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7 | Section 90. The State Mandates Act is amended by adding | |||||||||||||||||||||||||
8 | Section 8.47 as follows:
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9 | (30 ILCS 805/8.47 new) | |||||||||||||||||||||||||
10 | Sec. 8.47. Exempt mandate. Notwithstanding Sections 6 and | |||||||||||||||||||||||||
11 | 8 of this Act, no reimbursement by the State is required for | |||||||||||||||||||||||||
12 | the implementation of any mandate created by this amendatory | |||||||||||||||||||||||||
13 | Act of the 103rd General Assembly.
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14 | Section 99. Effective date. This Act takes effect upon | |||||||||||||||||||||||||
15 | becoming law.
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