96TH GENERAL ASSEMBLY
State of Illinois
2009 and 2010
HB5149

 

Introduced 1/29/2010, by Rep. Dennis M. Reboletti

 

SYNOPSIS AS INTRODUCED:
 
40 ILCS 5/3-108.3

    Amends the Downstate Police Article of the Illinois Pension Code. Provides that, if a special needs trust has been established for a disabled adult child, then the special needs trust may stand in lieu of the disabled adult child as a beneficiary for the purposes of the Article. Effective immediately.


LRB096 19492 AMC 34884 b

PENSION IMPACT NOTE ACT MAY APPLY

 

 

A BILL FOR

 

HB5149 LRB096 19492 AMC 34884 b

1     AN ACT concerning public employee benefits.
 
2     Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
 
4     Section 5. The Illinois Pension Code is amended by changing
5 Section 3-108.3 as follows:
 
6     (40 ILCS 5/3-108.3)
7     Sec. 3-108.3. Beneficiary. "Beneficiary": A person
8 receiving benefits from a pension fund, including, but not
9 limited to, retired pensioners, disabled pensioners, their
10 surviving spouses, minor children, disabled children, and
11 dependent parents. If a special needs trust as described in
12 Section 1396p(d)(4) of Title 42 of the United States Code, as
13 amended from time to time, has been established for a disabled
14 adult child, then the special needs trust may stand in lieu of
15 the disabled adult child as a beneficiary for the purposes of
16 this Article.
17 (Source: P.A. 90-507, eff. 8-22-97.)
 
18     Section 99. Effective date. This Act takes effect upon
19 becoming law.