Bill Text: IL SB2360 | 2009-2010 | 96th General Assembly | Introduced
Bill Title: Amends the Downstate Police Article of the Illinois Pension Code to increase the pensions of persons with over 20 years of service. Increases the maximum pension from 75% to 80% of salary. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2010-02-25 - Tabled By Sponsor Sen. Kirk W. Dillard [SB2360 Detail]
Download: Illinois-2009-SB2360-Introduced.html
|
|||||||||||||||||||||||||||
|
|||||||||||||||||||||||||||
| |||||||||||||||||||||||||||
| |||||||||||||||||||||||||||
| |||||||||||||||||||||||||||
1 | AN ACT concerning public employee benefits.
| ||||||||||||||||||||||||||
2 | Be it enacted by the People of the State of Illinois,
| ||||||||||||||||||||||||||
3 | represented in the General Assembly:
| ||||||||||||||||||||||||||
4 | Section 5. The Illinois Pension Code is amended by changing | ||||||||||||||||||||||||||
5 | Section 3-111 as follows:
| ||||||||||||||||||||||||||
6 | (40 ILCS 5/3-111) (from Ch. 108 1/2, par. 3-111)
| ||||||||||||||||||||||||||
7 | Sec. 3-111. Pension.
| ||||||||||||||||||||||||||
8 | (a) A police officer age 50 or more with 20 or
more years | ||||||||||||||||||||||||||
9 | of creditable service, who is not a participant in the
| ||||||||||||||||||||||||||
10 | self-managed plan under Section 3-109.3 and who is no longer in | ||||||||||||||||||||||||||
11 | service
as a police officer, shall receive a pension of 1/2 of | ||||||||||||||||||||||||||
12 | the salary
attached to the rank held by the officer on the | ||||||||||||||||||||||||||
13 | police force for one year
immediately prior to retirement or, | ||||||||||||||||||||||||||
14 | beginning July 1, 1987 for persons
terminating service on or | ||||||||||||||||||||||||||
15 | after that date, the salary attached to the rank
held on the | ||||||||||||||||||||||||||
16 | last day of service or for one year prior to the last day,
| ||||||||||||||||||||||||||
17 | whichever is greater. The pension shall be increased by 5%
2.5%
| ||||||||||||||||||||||||||
18 | of such salary for each additional year of service over 20 | ||||||||||||||||||||||||||
19 | years of service
through 26
30 years of service, to a maximum | ||||||||||||||||||||||||||
20 | of 80%
75% of such
salary.
| ||||||||||||||||||||||||||
21 | The changes made to this subsection (a) by this amendatory | ||||||||||||||||||||||||||
22 | Act of the
91st General Assembly apply to all pensions that | ||||||||||||||||||||||||||
23 | become payable under this
subsection on or after January 1, |
| |||||||
| |||||||
1 | 1999. All pensions payable under this
subsection that began on | ||||||
2 | or after January 1, 1999 and before the effective date
of this | ||||||
3 | amendatory Act shall be recalculated, and the amount of the | ||||||
4 | increase
accruing for that period shall be payable to the | ||||||
5 | pensioner in a lump sum. The changes made to this subsection | ||||||
6 | (a) by this amendatory Act of the
96th General Assembly apply | ||||||
7 | to all pensions that become payable under this
subsection on or | ||||||
8 | after the effective date of this amendatory Act of the 96th | ||||||
9 | General Assembly.
| ||||||
10 | (a-5) No pension in effect on or granted after June 30, | ||||||
11 | l973 shall be
less than $200 per month. Beginning July 1, 1987, | ||||||
12 | the minimum retirement
pension for a police officer having at | ||||||
13 | least 20 years of creditable service
shall be $400 per month, | ||||||
14 | without regard to whether or not retirement occurred
prior to | ||||||
15 | that date.
If the minimum pension established in Section | ||||||
16 | 3-113.1 is greater than the
minimum provided in this | ||||||
17 | subsection, the Section 3-113.1 minimum controls.
| ||||||
18 | (b) A police officer mandatorily retired from service
due | ||||||
19 | to age by operation of law, having at least 8 but
less than 20 | ||||||
20 | years of creditable service, shall receive a pension
equal to 2 | ||||||
21 | 1/2% of the salary attached to the rank he or she held on
the | ||||||
22 | police force for one year immediately prior to retirement or,
| ||||||
23 | beginning July 1, 1987 for persons terminating service on or | ||||||
24 | after that
date, the salary attached to the rank held on the | ||||||
25 | last day of service or
for one year prior to the last day, | ||||||
26 | whichever is greater, for each
year of creditable service.
|
| |||||||
| |||||||
1 | A police officer who retires or is separated from service | ||||||
2 | having at least 8
years but less than 20 years of creditable | ||||||
3 | service, who is not mandatorily
retired due to age by operation | ||||||
4 | of law, and who does not apply for a refund of
contributions at | ||||||
5 | his or her last separation from police service, shall receive
a | ||||||
6 | pension upon attaining age 60 equal to 2.5% of the salary | ||||||
7 | attached to the
rank held by the police officer on the police | ||||||
8 | force for one year immediately
prior to retirement or, | ||||||
9 | beginning July 1, 1987 for persons terminating service
on or | ||||||
10 | after that date, the salary attached to the rank held on the | ||||||
11 | last day of
service or for one year prior to the last day, | ||||||
12 | whichever is greater, for each
year of creditable service.
| ||||||
13 | (c) A police officer no longer in service who has at least | ||||||
14 | one but less
than 8 years of creditable service in a police | ||||||
15 | pension fund but meets the
requirements of this subsection (c) | ||||||
16 | shall be eligible to receive a pension from
that fund equal to | ||||||
17 | 2.5% of the salary attached to the rank held on the last day
of | ||||||
18 | service under that fund or for one year prior to that last day, | ||||||
19 | whichever is
greater, for each year of creditable service in | ||||||
20 | that fund. The pension shall
begin no earlier than upon | ||||||
21 | attainment of age 60 (or upon mandatory retirement
from the | ||||||
22 | fund by operation of law due to age, if that occurs before age | ||||||
23 | 60) and
in no event before the effective date of this | ||||||
24 | amendatory Act of 1997.
| ||||||
25 | In order to be eligible for a pension under this subsection | ||||||
26 | (c), the police
officer must have at least 8 years of |
| |||||||
| |||||||
1 | creditable service in a second police
pension fund under this | ||||||
2 | Article and be receiving a pension under subsection (a)
or (b) | ||||||
3 | of this Section from that second fund. The police officer need | ||||||
4 | not be
in service on or after the effective date of this | ||||||
5 | amendatory Act of 1997.
| ||||||
6 | (Source: P.A. 90-460, eff. 8-17-97; 91-939, eff. 2-1-01.)
| ||||||
7 | Section 90. The State Mandates Act is amended by adding | ||||||
8 | Section 8.33 as follows:
| ||||||
9 | (30 ILCS 805/8.33 new) | ||||||
10 | Sec. 8.33. Exempt mandate. Notwithstanding Sections 6 and 8 | ||||||
11 | of this Act, no reimbursement by the State is required for the | ||||||
12 | implementation of any mandate created by this amendatory Act of | ||||||
13 | the 96th General Assembly.
| ||||||
14 | Section 99. Effective date. This Act takes effect upon | ||||||
15 | becoming law.
|