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HB4788 Engrossed |
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LRB096 15811 AMC 31052 b |
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| AN ACT concerning the 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 changing |
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| Sections 8-192, 8-193, and 8-194 as follows:
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| (40 ILCS 5/8-192)
(from Ch. 108 1/2, par. 8-192)
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| Sec. 8-192. Board created. A board of 5 members shall |
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| constitute a Board of Trustees authorized to
carry out the |
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| provisions of this Article. The board shall be known as the
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| Retirement Board of the Municipal Employees', Officers', and |
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| Officials'
Annuity and Benefit Fund of the city, or for the |
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| sake of brevity may also
be known and referred to as the |
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| Retirement Board of the Municipal
Employees' Annuity and |
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| Benefit Fund of such city. Until the election in 2011, the The |
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| board shall consist
of the city comptroller, the city |
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| treasurer, and 3 members who shall be
employees, to be elected |
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| as follows:
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| Within 30 days after the effective date, the mayor of the |
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| city shall
arrange for and hold an election.
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| One employee shall be elected for a term ending on the |
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| first day in the
month of December of the first year next |
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| following the effective date; one
for a term ending December |
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| 1st of the following year; and one for a term
ending on |
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HB4788 Engrossed |
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LRB096 15811 AMC 31052 b |
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| December 1st of the second following year.
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| The city comptroller, with the approval of the board, may |
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| appoint a
designee from among employees of the city who are |
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| versed in the affairs of
the comptroller's office to act in the |
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| absence of the comptroller on all
matters pertaining to |
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| administering the provisions of this Article.
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| The city treasurer, with the approval of the board, may |
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| appoint a designee from among employees of the city who are |
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| versed in the affairs of the treasurer's office to act in the |
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| absence of the treasurer on all matters pertaining to |
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| administering the provisions of this Article. |
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| The members of a Retirement Board of a municipal |
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| employees', officers',
and officials' annuity and benefit fund |
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| holding office in a city at the
time this Article becomes |
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| effective, including elective and ex-officio
members, shall |
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| continue in office until the expiration of their terms and
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| until their respective successors are elected or appointed and |
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| have
qualified.
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| Beginning with the election in 2011, the board shall |
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| consist of the city comptroller, the city treasurer, 2 members |
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| who shall be employees, and one member who shall be an employee |
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| annuitant. If an employee who is an elected member of the board |
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| on the effective date of this amendatory Act of the 96th |
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| General Assembly resigns from the service of the employer and |
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| retires on annuity upon resignation before the end of his or |
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| her current term and before the 2011 trustee election, he or |
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HB4788 Engrossed |
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LRB096 15811 AMC 31052 b |
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| she may continue as a board member until the end of his or her |
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| term. Only one previously active board member may continue to |
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| serve on the board after retirement. |
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| An employee member who takes advantage of the early |
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| retirement incentives
provided under this amendatory Act of the |
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| 93rd General Assembly may continue as
a member until the end of |
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| his or her term.
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| The initial annuitant member of the board elected in 2011 |
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| shall be elected for a 3-year term ending on December 1, 2014. |
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| Thereafter, the annuitant member shall be elected for a 3-year |
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| term ending on December 1st of the third year following the |
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| election. |
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| (Source: P.A. 93-654, eff. 1-16-04.)
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| (40 ILCS 5/8-193) (from Ch. 108 1/2, par. 8-193)
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| Sec. 8-193. Board elections. |
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| (a) In each year, the board shall conduct a regular |
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| election, under rules
adopted by it, at least 30 days prior to |
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| the expiration of the term of
the employee member whose term |
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| next expires, for the election of a
successor for a term of 3 |
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| years. Each employee member and his successor
shall be an |
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| employee who holds a position by certification and
appointment |
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| as a result of a competitive civil service examination as
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| distinguished from temporary appointment for a period of not |
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| less than 5
years prior to the date of election or so holds a |
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| position which is not
exempt from the classified or the |
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HB4788 Engrossed |
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LRB096 15811 AMC 31052 b |
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| personnel ordinance by a city that adopted
a career service |
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| ordinance. At any such election including the
initial election |
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| and special elections to fill vacancies in such office,
all |
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| persons who are employee participants at the time such election |
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| is
held, shall have a right to vote. The ballot shall be of |
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| secret
character.
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| (b) The board shall conduct a regular election, under rules |
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| adopted by it, at least 30 days prior to the term of the |
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| annuitant member, for the election of a successor for a term of |
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| 3 years. Each annuitant member and his or her successor shall |
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| be a former employee receiving a retirement annuity from the |
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| Fund. The employee annuitant shall have retired from a position |
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| described in paragraph (a) of this Section for an active board |
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| member and shall have been a contributing member of the Fund on |
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| a payday-by-payday basis for the 5 years immediately preceding |
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| withdrawal, based on salary paid on the regular payroll of the |
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| employer. At any such election all persons who are receiving an |
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| employee annuity from the Fund at the time the election is held |
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| have a right to vote. The ballot shall be a secret character. |
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| (c) Any elective member of the board shall hold office |
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| until his
successor is elected and qualified.
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| Any person elected or appointed as a member of the board |
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| shall
qualify by taking an oath of office to be administered by |
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| the city
clerk. A copy thereof shall be kept in the office of |
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| the city clerk.
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| (Source: P.A. 81-782.)
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LRB096 15811 AMC 31052 b |
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| (40 ILCS 5/8-194) (from Ch. 108 1/2, par. 8-194)
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| Sec. 8-194. Board vacancy.
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| A vacancy in the membership of the board shall be filled as |
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| follows:
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| If the vacancy is that of an ex-officio member, the mayor |
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| of the city
shall appoint a person to serve until a person |
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| qualified as hereinbefore
described shall assume the duties of |
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| member. If the vacancy is that of an
elective office the |
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| remaining elective members of the board shall appoint a
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| successor from among the employees or employee annuitants (as |
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| the case may be) who shall serve until an employee or employee |
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| annuitant is
elected and qualified for the remainder of the |
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| unexpired term. The employee or employee annuitant
shall be |
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| elected at a special election to be held concurrently with and |
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| in
the same manner as the next regular election for an employee |
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| member.
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| Any appointive or elective member who leaves the service of |
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| the employer, other than the employee annuitant member, or |
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| becomes a
member of any other annuity and benefit fund, or any |
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| pension fund, shall
automatically cease to be a member of the |
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| board, except as provided in Section 8-192. If the employee |
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| annuitant member ceases to be an annuitant of the Fund, he or |
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| she shall cease to be a member of the board and the position is |
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| deemed to have become vacant.
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| (Source: Laws 1963, p. 161.)
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