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HB3740 Engrossed |
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LRB094 11363 EFG 42228 b |
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| AN ACT concerning 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 17-151.1 as follows:
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| (40 ILCS 5/17-151.1 new) |
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| Sec. 17-151.1. Recovery of amount paid in error. |
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| (a) The Board may retain out of any annuity or benefit |
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| payable to any person any amount that the Board determines is |
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| owing to the Fund because (i) required employee contributions |
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| were not made in whole or in part, (ii) employee or member |
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| obligations to return refunds were not met, or (iii) money was |
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| paid to any employee, member, or annuitant through |
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| misrepresentation, fraud, or error. |
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| (b) The Board and the Fund shall be held free from any |
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| liability for any money retained or paid in accordance with |
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| this Section, and the employee, member, or pensioner shall be |
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| assumed to have assented and agreed to the disposition of money |
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| due. |
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| (c) The changes made by this amendatory Act of the 94th |
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| General Assembly are not limited to persons in service on or |
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| after the effective date of this amendatory Act.
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| Section 99. Effective date. This Act takes effect upon |
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| becoming law.
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