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HB1384 Engrossed |
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LRB094 05898 AMC 35952 b |
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| AN ACT in relation to public employee benefits.
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| Be it enacted by the People of the State of Illinois, |
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| represented in the General Assembly:
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| Section 5. The Illinois Pension Code is amended by adding |
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| Section
15-158.4 as follows:
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| (40 ILCS 5/15-158.4 new)
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| Sec. 15-158.4. Election of medicare coverage.
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| (a) The System shall conduct a divided medicare coverage |
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| referendum, open
to employees continuously employed by the same |
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| employer since March 31, 1986.
The referendum shall be |
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| conducted in accordance with the applicable provisions
of |
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| federal law and Article 21 of this Code.
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| (b) As used in this Section and in compliance with federal |
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| law, "referendum"
means the process whereby employees are |
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| granted the opportunity to make an
irrevocable individual |
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| election to participate in the medicare program on a
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| prospective basis.
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| (c) Employers shall pay the necessary employer |
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| contributions and make the
necessary deductions from salary for |
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| employees who elect to participate in the
federal medicare |
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| program under this Section, as required by the System, Article
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| 21 of this Code, and federal law.
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| Section 99. Effective date. This Act takes effect upon |
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| becoming law. |