Bill Text: IL SB1751 | 2009-2010 | 96th General Assembly | Introduced
Bill Title: Amends the IMRF Article of the Illinois Pension Code. In the provisions allowing certain annuitants to hold elective office without participating in the Fund or losing their retirement annuities, allows a separate election for each term of office. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2009-03-13 - Rule 3-9(a) / Re-referred to Assignments [SB1751 Detail]
Download: Illinois-2009-SB1751-Introduced.html
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1 | AN ACT in relation to public employee benefits.
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2 | Be it enacted by the People of the State of Illinois, | ||||||||||||||||||||||||||
3 | represented in the General Assembly:
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4 | Section 5. The Illinois Pension Code is amended by changing | ||||||||||||||||||||||||||
5 | Section
7-137.1 as follows:
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6 | (40 ILCS 5/7-137.1) (from Ch. 108 1/2, par. 7-137.1)
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7 | Sec. 7-137.1. Elected officials.
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8 | (a) A person holding an elective office who has elected
to | ||||||||||||||||||||||||||
9 | participate in the Fund while in that office may revoke that | ||||||||||||||||||||||||||
10 | election
and cease participating in the Fund by notifying the | ||||||||||||||||||||||||||
11 | Board in writing
before January 1, 1992.
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12 | Upon such revocation, the person shall forfeit all | ||||||||||||||||||||||||||
13 | creditable service
earned while holding that office, and the | ||||||||||||||||||||||||||
14 | Board shall refund to the person,
without interest, all | ||||||||||||||||||||||||||
15 | employee contributions paid for the forfeited
creditable | ||||||||||||||||||||||||||
16 | service. The Board shall also refund or credit to the employing
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17 | municipality, without interest, the employer contributions | ||||||||||||||||||||||||||
18 | relating to the
forfeited service, except those for death and | ||||||||||||||||||||||||||
19 | disability.
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20 | (b) Notwithstanding the provisions of Sections 7-141 and | ||||||||||||||||||||||||||
21 | 7-144, beginning
January 1, 1992, a person who holds an | ||||||||||||||||||||||||||
22 | elective office and has not elected to
participate in the Fund | ||||||||||||||||||||||||||
23 | with respect to that term of office (or has revoked
his |
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1 | election to participate with respect to that term of office | ||||||
2 | under
subsection (a) of this Section) shall not be disqualified | ||||||
3 | from receiving a
retirement annuity during that term of office
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4 | by reason of holding that
such office, provided that the | ||||||
5 | annuity is not based on any credits received
for participating | ||||||
6 | during
while holding that term of office.
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7 | (Source: P.A. 87-740.)
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8 | Section 90. The State Mandates Act is amended by adding | ||||||
9 | Section 8.33 as follows:
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10 | (30 ILCS 805/8.33 new) | ||||||
11 | Sec. 8.33. Exempt mandate. Notwithstanding Sections 6 and 8 | ||||||
12 | of this Act, no reimbursement by the State is required for the | ||||||
13 | implementation of any mandate created by this amendatory Act of | ||||||
14 | the 96th General Assembly.
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15 | Section 99. Effective date. This Act takes effect upon | ||||||
16 |