Bill Text: IL SB2434 | 2023-2024 | 103rd General Assembly | Introduced
Bill Title: Amends the Cook County Article of the Illinois Pension Code. Excludes certain temporary election work from the definition of "in service". Provides that if an employee annuitant re-enters service as an election worker and provides services for a scheduled federal, State, or local election for a period of 60 days or less during a calendar year, that employee annuitant's annuity shall not be suspended and such employee annuitant shall not be considered to be in service and is not entitled to benefits for employees in service. Provides that if an employee annuitant re-enters service for a period longer than 60 days during a calendar year, the annuity shall be suspended or cancelled retroactive to the initial date of re-entry.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced) 2023-03-31 - Rule 3-9(a) / Re-referred to Assignments [SB2434 Detail]
Download: Illinois-2023-SB2434-Introduced.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 Sections 9-108.3 and 9-161 as follows:
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6 | (40 ILCS 5/9-108.3) | |||||||||||||||||||||
7 | Sec. 9-108.3. In service. "In service": Any period during | |||||||||||||||||||||
8 | which contributions are being made to the Fund on behalf of an | |||||||||||||||||||||
9 | employee except for temporary election work as described in | |||||||||||||||||||||
10 | subsection (c) of Section 9-161 .
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11 | (Source: P.A. 99-578, eff. 7-15-16.)
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12 | (40 ILCS 5/9-161) (from Ch. 108 1/2, par. 9-161)
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13 | Sec. 9-161. Re-entry into service. (a) When an employee | |||||||||||||||||||||
14 | who has withdrawn from service after the
effective date | |||||||||||||||||||||
15 | re-enters service before age 65, any annuity previously
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16 | granted and any annuity fixed for his wife shall be cancelled. | |||||||||||||||||||||
17 | The
employee shall be credited for annuity purposes with the | |||||||||||||||||||||
18 | actuarial value
of annuities equal to those cancelled as of | |||||||||||||||||||||
19 | their ages on the date of
re-entry; provided, the maximum age | |||||||||||||||||||||
20 | of the wife for this purpose shall
be as provided in Section | |||||||||||||||||||||
21 | 9-151 of this Article. The sums so credited
shall provide for | |||||||||||||||||||||
22 | annuities to be fixed and granted in the future.
Contributions |
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1 | by the employee and the county for the
purposes of this
Article | ||||||
2 | shall be made and when the proper time arrives, as provided in
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3 | this Article, new annuities based upon the total sums | ||||||
4 | accumulated to his
credit for annuity purposes and the entire | ||||||
5 | term of his service shall be
fixed for the employee and his | ||||||
6 | wife.
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7 | If the employee's wife has died before he re-entered | ||||||
8 | service, no part
of any credits for widow's or widow's prior | ||||||
9 | service annuity at the time
annuity for his wife was fixed | ||||||
10 | shall be credited upon re-entry into
service, and no such sums | ||||||
11 | shall thereafter be used to provide such
annuity.
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12 | (b) When an employee re-enters service after age 65, | ||||||
13 | payments on
account of any annuity previously granted shall be | ||||||
14 | suspended during the
time thereafter that he is in service, | ||||||
15 | and when he again withdraws
annuity payments shall be resumed. | ||||||
16 | If the employee dies in service, his
widow shall receive the | ||||||
17 | annuity previously fixed for her.
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18 | (c) If an employee annuitant re-enters service as an | ||||||
19 | election worker and provides services for a scheduled federal, | ||||||
20 | State, or local election for a period of 60 days or less during | ||||||
21 | a calendar year, that employee annuitant's annuity shall not | ||||||
22 | be suspended and such employee annuitant shall not be | ||||||
23 | considered to be in service within the meaning of Section | ||||||
24 | 9-108.3 and is not entitled to benefits for employees in | ||||||
25 | service. If an employee annuitant re-enters service for a | ||||||
26 | period longer than 60 days during a calendar year, the annuity |
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1 | shall be suspended or cancelled retroactive to the initial | ||||||
2 | date of re-entry. | ||||||
3 | (Source: P.A. 81-1536.)
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