Bill Text: IL HB2071 | 2019-2020 | 101st General Assembly | Engrossed

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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Bill Title: Reinserts the provisions of the introduced bill with the following changes. Provides that a participant establishing service credit and earnings credit for periods of furlough or salary reduction must be an active participant and must pay the specified employee contributions while he or she is an active participant and within 12 months after the date of application. Provides that to receive the service credit and earnings credit for periods of furlough, the participant must not receive compensation or any type of remuneration from the county (instead of compensation) for any furlough period and must provide a written certification from the county stating that the participant has not received compensation or any type of remuneration from the county for such furlough days. Provides that to receive the service credit and earnings credit for periods of salary reduction, the participant must not receive compensation or any type of remuneration from the county for any reduction in salary and must provide a written certification from the county stating that the participant has not received compensation or any type of remuneration from the county for such reduction in salary. Specifies that the employer's normal cost for the purposes of the provision shall be determined by the Fund's actuarial valuation for the year ending December 31, 2018. Provides that any payments received under the provisions shall be considered contributions made by the employee for the purposes of determining the annual tax levy and county contribution rate under the Cook County and Cook County Forest Preserve Articles. Makes other changes. Effective immediately.

Spectrum: Partisan Bill (Democrat 2-0)

Status: (Passed) 2019-06-07 - Public Act . . . . . . . . . 101-0011 [HB2071 Detail]

Download: Illinois-2019-HB2071-Engrossed.html

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HB2071 Engrossed LRB101 04625 RPS 49633 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 adding
Section 9-179.4 as follows:
(40 ILCS 5/9-179.4 new)
Sec. 9-179.4. Service for periods of furlough or salary
reduction.
(a) A participant may establish service credit and earnings
credit for periods of furlough beginning on or after December
1, 2017 and ending on or before November 30, 2018. To receive
this credit, the participant must (i) apply in writing to the
Fund before December 31, 2019; (ii) not receive compensation
from the county for any furlough period; and (iii) make, on an
after-tax basis, employee contributions required under this
Article based on his or her salary during the periods of
furlough, plus an amount determined by the Board to be equal to
the employer's normal cost of the benefit, plus compounded
interest at the actuarially assumed rate from the date of
furlough to the date of payment. The participant shall provide,
at the time of application, written certification from the
county providing the total number of furlough days a
participant has been required to take.

HB2071 Engrossed - 2 - LRB101 04625 RPS 49633 b
(b) A participant may establish earnings credit for periods
of salary reduction beginning on or after December 1, 2017 and
ending on or before November 30, 2018
. To receive this credit,
the participant must: (1) apply in writing to the Fund before
December 31, 2019; and (2) make, on an after-tax basis,
employee contributions required under this Article based on the
reduction in salary, plus an amount determined by the Board to
be equal to the employer's normal cost of the benefit, plus
compounded interest at the actuarially assumed rate from the
date of reduction in salary to the date of payment. The
participant shall provide, at the time of application, written
certification from the county providing the total reduction in
salary per pay period for each pay period with a reduction in
salary.
Section 90. The State Mandates Act is amended by adding
Section 8.43 as follows:
(30 ILCS 805/8.43 new)
Sec. 8.43. Exempt mandate. Notwithstanding Sections 6 and 8
of this Act, no reimbursement by the State is required for the
implementation of any mandate created by this amendatory Act of
the 101st General Assembly.
Section 99. Effective date. This Act takes effect upon
becoming law.