Bill Text: IL HB3042 | 2013-2014 | 98th General Assembly | Introduced
Bill Title: Amends the Unemployment Insurance Act. Provides that none of the amount received by an individual as primary social security old age and disability retirement benefits shall constitute disqualifying income.
Sponsorship: Moderate Partisan Bill (Democrat 24-7)
Status: (Failed) 2014-12-03 - Session Sine Die [HB3042 Detail]
Download: Illinois-2013-HB3042-Introduced.html
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| 1 | AN ACT concerning employment.
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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 Unemployment Insurance Act is amended by | ||||||||||||||||||||||||
| 5 | changing
Section 611 as follows:
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| 6 | (820 ILCS 405/611) (from Ch. 48, par. 441)
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| 7 | Sec. 611. Retirement pay. A. For the purposes of this | ||||||||||||||||||||||||
| 8 | Section
"disqualifying income" means:
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| 9 | 1. The entire amount which an individual has received or | ||||||||||||||||||||||||
| 10 | will
receive with respect to a week in the form of a retirement | ||||||||||||||||||||||||
| 11 | payment (a)
from an individual or organization (i) for which he
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| 12 | performed services during his base period or which is liable | ||||||||||||||||||||||||
| 13 | for benefit
charges or payments in lieu of contributions as a | ||||||||||||||||||||||||
| 14 | result of the payment of
benefits to such individual and (ii) | ||||||||||||||||||||||||
| 15 | which pays
all of the cost of such retirement payment, or (b) | ||||||||||||||||||||||||
| 16 | from a trust, annuity
or insurance fund or under an annuity or | ||||||||||||||||||||||||
| 17 | insurance contract, to or under
which an individual or | ||||||||||||||||||||||||
| 18 | organization for which he
performed services during his base | ||||||||||||||||||||||||
| 19 | period or which is liable for benefit
charges or payments in | ||||||||||||||||||||||||
| 20 | lieu of contributions as a result of the payment of
benefits to | ||||||||||||||||||||||||
| 21 | such individual pays or has paid
all of the premiums or | ||||||||||||||||||||||||
| 22 | contributions; and
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| 23 | 2. One-half the amount which an individual has received or | ||||||||||||||||||||||||
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| 1 | will
receive with respect to a week in the form of a retirement | ||||||
| 2 | payment (a)
from an individual or organization (i) for which he
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| 3 | performed services during his base period or which is liable | ||||||
| 4 | for benefit
charges or payments in lieu of contributions as a | ||||||
| 5 | result of the payment of
benefits to such individual and (ii) | ||||||
| 6 | which pays
some, but not all, of the cost of such retirement | ||||||
| 7 | payment, or (b) from a
trust, annuity or insurance fund | ||||||
| 8 | (including primary social security old
age and disability | ||||||
| 9 | retirement benefits, including those based on
self-employment) | ||||||
| 10 | or under an annuity or insurance
contract, to or under which an | ||||||
| 11 | individual or organization for which he
performed
services | ||||||
| 12 | during his base period or which is liable for benefit charges | ||||||
| 13 | or
payments in lieu of contributions as a result of the payment | ||||||
| 14 | of benefits to
such individual pays or has paid some, but not | ||||||
| 15 | all, of the premiums or
contributions.
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| 16 | 2.1. Notwithstanding paragraphs 1 and 2 above, none of the | ||||||
| 17 | amount that an individual
has received or will receive with | ||||||
| 18 | respect to a week in the form of social security old age, | ||||||
| 19 | survivors, and disability benefits under 42 U.S.C. Section 401 | ||||||
| 20 | et seq., including those
based on self-employment, shall | ||||||
| 21 | constitute disqualifying income.
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| 22 | 3. Notwithstanding paragraphs
paragraph 1, and 2, and 2.1
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| 23 | above, the
entire amount which an individual has received or | ||||||
| 24 | will
receive, with respect to any week which begins after March | ||||||
| 25 | 31, 1980, of
any governmental or other pension, retirement, or | ||||||
| 26 | retired pay, annuity
or any other similar periodic payment | ||||||
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| 1 | which is based on any previous work
of such individual during | ||||||
| 2 | his base period or which is liable for benefit
charges or | ||||||
| 3 | payments in lieu of contributions as a result of the payment of
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| 4 | benefits to such individual. This paragraph shall be in effect | ||||||
| 5 | only if it is
required as a condition for full tax credit | ||||||
| 6 | against the tax imposed by
the Federal Unemployment Tax Act.
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| 7 | B. Whenever an individual has received or will receive a | ||||||
| 8 | retirement
payment for a month, an amount shall be deemed to | ||||||
| 9 | have been paid him for
each day equal to one-thirtieth of such | ||||||
| 10 | retirement payment. If the
retirement payment is for a | ||||||
| 11 | half-month, an amount shall be deemed to
have been paid the | ||||||
| 12 | individual for each day equal to one-fifteenth of
such | ||||||
| 13 | retirement payment. If the retirement payment is for any other
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| 14 | period, an amount shall be deemed to have been paid the | ||||||
| 15 | individual for
each day in such period equal to the retirement | ||||||
| 16 | payment divided by the
number of days in the period.
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| 17 | C. An individual shall be ineligible for benefits for any | ||||||
| 18 | week with
respect to which his disqualifying income equals or | ||||||
| 19 | exceeds his weekly
benefit amount. If such disqualifying income | ||||||
| 20 | with respect to a week
totals less than the benefits for which | ||||||
| 21 | he would otherwise be eligible
under this Act, he shall be | ||||||
| 22 | paid, with respect to such week, benefits
reduced by the amount | ||||||
| 23 | of such disqualifying income.
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| 24 | D. To assure full tax credit to the employers of this State | ||||||
| 25 | against
the tax imposed by the Federal Unemployment Tax Act, | ||||||
| 26 | the Director shall
take any action as may be necessary in the | ||||||
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| 1 | administration of paragraph 3
of subsection A of this Section | ||||||
| 2 | to insure that
the application of its provisions
conform to the | ||||||
| 3 | requirements of such Federal Act as interpreted by the United
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| 4 | States Secretary of Labor or other appropriate Federal agency.
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| 5 | (Source: P.A. 86-3.)
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