Bill Text: IL SB0450 | 2013-2014 | 98th General Assembly | Amended
Bill Title: Amends the Illinois Pension Code. Makes a technical change in a Section concerning deferred compensation.
Spectrum: Partisan Bill (Democrat 2-0)
Status: (Failed) 2015-01-13 - Session Sine Die [SB0450 Detail]
Download: Illinois-2013-SB0450-Amended.html
| |||||||
| |||||||
| |||||||
1 | AMENDMENT TO SENATE BILL 450
| ||||||
2 | AMENDMENT NO. ______. Amend Senate Bill 450 by replacing | ||||||
3 | everything after the enacting clause with the following:
| ||||||
4 | "Section 5. The Illinois Pension Code is amended by | ||||||
5 | changing Sections 5-167.5 and 6-164.2 as follows:
| ||||||
6 | (40 ILCS 5/5-167.5) (from Ch. 108 1/2, par. 5-167.5)
| ||||||
7 | Sec. 5-167.5. Payments to city.
| ||||||
8 | (a) For the purposes of this Section, "city annuitant" | ||||||
9 | means a person
receiving an age and service annuity, a widow's | ||||||
10 | annuity, a child's annuity, or
a minimum annuity under this | ||||||
11 | Article as a direct result of previous employment
by the City | ||||||
12 | of Chicago ("the city").
| ||||||
13 | (b) The board shall pay to the city, on behalf of the | ||||||
14 | board's city
annuitants who participate in any of the city's | ||||||
15 | health care plans, the
following amounts:
| ||||||
16 | (1) From July 1, 2003 through June 30, 2008, $85 per |
| |||||||
| |||||||
1 | month for each such
annuitant who is not eligible to | ||||||
2 | receive Medicare benefits and $55 per month
for each such | ||||||
3 | annuitant who is eligible to receive Medicare benefits.
| ||||||
4 | (2) From July 1, 2008 through June 30, 2015 2013 , $95 | ||||||
5 | per month for each such
annuitant who is not eligible to | ||||||
6 | receive Medicare benefits and $65 per month
for each such | ||||||
7 | annuitant who is eligible to receive Medicare benefits.
| ||||||
8 | The payments described in this subsection shall be paid | ||||||
9 | from the tax levy
authorized under Section 5-168; such amounts | ||||||
10 | shall be credited to the reserve
for group hospital care and | ||||||
11 | group medical and surgical plan benefits, and all
payments to | ||||||
12 | the city required under this subsection shall be charged | ||||||
13 | against
it.
| ||||||
14 | (c) The city health care plans referred to in this Section | ||||||
15 | and the board's
payments to the city under this Section are not | ||||||
16 | and shall not be construed to
be pension or retirement benefits | ||||||
17 | for the purposes of Section 5 of Article XIII
of the Illinois | ||||||
18 | Constitution of 1970.
| ||||||
19 | (Source: P.A. 92-599, eff. 6-28-02; 93-42, eff. 7-1-03.)
| ||||||
20 | (40 ILCS 5/6-164.2) (from Ch. 108 1/2, par. 6-164.2)
| ||||||
21 | Sec. 6-164.2. Payments to city.
| ||||||
22 | (a) For the purposes of this Section, "city annuitant" | ||||||
23 | means a person
receiving an age and service annuity, a widow's | ||||||
24 | annuity, a child's annuity, or
a minimum annuity under this | ||||||
25 | Article as a direct result of previous employment
by the City |
| |||||||
| |||||||
1 | of Chicago ("the city").
| ||||||
2 | (b) The board shall pay to the city, on behalf of the | ||||||
3 | board's city
annuitants who participate in any of the city's | ||||||
4 | health care plans, the
following amounts:
| ||||||
5 | (1) From July 1, 2003 through June 30, 2008, $85 per | ||||||
6 | month for each such
annuitant who is not eligible to | ||||||
7 | receive Medicare benefits and $55 per month
for each such | ||||||
8 | annuitant who is eligible to receive Medicare benefits.
| ||||||
9 | (2) From July 1, 2008 through June 30, 2015 2013 , $95 | ||||||
10 | per month for each such
annuitant who is not eligible to | ||||||
11 | receive Medicare benefits and $65 per month
for each such | ||||||
12 | annuitant who is eligible to receive Medicare benefits.
| ||||||
13 | The payments described in this subsection shall be paid | ||||||
14 | from the tax levy
authorized under Section 6-165; such amounts | ||||||
15 | shall be credited to the reserve
for group hospital care and | ||||||
16 | group medical and surgical plan benefits, and all
payments to | ||||||
17 | the city required under this subsection shall be charged | ||||||
18 | against
it.
| ||||||
19 | (c) The city health care plans referred to in this Section | ||||||
20 | and the board's
payments to the city under this Section are not | ||||||
21 | and shall not be construed to
be pension or retirement benefits | ||||||
22 | for the purposes of Section 5 of Article XIII
of the Illinois | ||||||
23 | Constitution of 1970.
| ||||||
24 | (Source: P.A. 92-599, eff. 6-28-02; 93-42, eff. 7-1-03.)
| ||||||
25 | Section 99. Effective date. This Act takes effect upon |
| |||||||
| |||||||
1 | becoming law.".
|