Personnel and Pensions Committee
Filed: 2/22/2008
 
 

 




 

 		












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AMENDMENT TO HOUSE BILL 4627 




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    AMENDMENT NO. ______. Amend House Bill 4627  by replacing 
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everything after the enacting clause with the following:

 
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    "Section 5. The Illinois Pension Code is amended  by 
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changing Section 4-118.1 as follows:
 
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    (40 ILCS 5/4-118.1)  (from Ch. 108 1/2, par. 4-118.1)

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    Sec. 4-118.1. Contributions by firefighters.


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    (a) Beginning on the effective date of this amendatory Act 
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of the 95th General
Assembly, each firefighter shall contribute 
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to the pension fund 7.415% of
salary towards the cost of his or 
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her pension. Beginning January 1, 1976 and until the effective 
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date of this
amendatory Act of the 91st General Assembly, each 
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firefighter shall contribute
to the pension fund 6 3/4% of 
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salary towards the cost of his or her pension.
Beginning on the 
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effective date of this amendatory Act of the 91st General

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Assembly, each firefighter shall contribute to the pension fund 
 


 






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6.955% of
salary towards the cost of his or her pension.


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    (b) In addition, beginning January 1, 1976, each 
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firefighter shall
contribute 1% of salary toward the cost of 
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the increase in pension provided in
Section 4-109.1; beginning 
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January 1, 1987, such contribution shall be 1.5% of
salary; 
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beginning July 1, 2004, the contribution shall be 2.5% of 
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salary.


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    (c) Beginning on the effective date of this amendatory Act 
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of the 93rd
General Assembly, each firefighter who elects to 
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receive a pension under
Section 4-109.3 and who has 
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participated in
at least one other pension fund under this 
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Article for a period of at
least one year shall contribute an 
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additional 1.0% of salary toward the
cost of the increase in 
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pensions provided in Section 4-109.3.
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    In the event that
a firefighter does not elect to receive a 
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retirement pension
provided under Section 4-109.3 from one or 
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more of the pension funds in which the firefighter has credit, 
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he or she shall, upon withdrawal from
the last pension fund as 
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defined in Section 4-109.3, be entitled to receive,
from each 
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such fund to which he or she has paid additional contributions 
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under
this subsection (c) and from which he or she does not 
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receive a refund under Section 4-116, a refund of those 
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contributions without interest.
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    A refund of total contributions to a particular firefighter 
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pension fund under Section 4-116 shall include any refund of 
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additional contributions paid to that fund under this 
 


 






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subsection (c), but a firefighter who accepts a refund from a 
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pension fund under Section 4-116 is thereafter
ineligible to 
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receive a pension provided under Section 4-109.3 from that 
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fund. A firefighter who meets the eligibility requirements of 
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Section 4-109.3 may receive a pension under Section 4-109.3 
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from any pension fund from which the firefighter has not 
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received a refund under Section 4-116 or under this subsection 
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(c).


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    (d) "Salary" means the annual salary, including longevity, 
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attached
to the firefighter's rank, as established by the 
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municipality appropriation
ordinance, including any 
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compensation for overtime which is included in the
salary so 
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established, but excluding any "overtime pay", "holiday pay",

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"bonus pay", "merit pay", or any other cash benefit not 
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included in the
salary so established.


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    (e) The contributions shall be deducted and withheld from 
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the salary
of firefighters.


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(Source: P.A. 93-689, eff. 7-1-04.)".