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Rep. Michael J. Zalewski
Filed: 3/13/2019
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1 | | AMENDMENT TO HOUSE BILL 2824
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2 | | AMENDMENT NO. ______. Amend House Bill 2824 by replacing |
3 | | everything after the enacting clause with the following:
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4 | | "Section 5. The Illinois Pension Code is amended by |
5 | | changing Sections 8-125, 8-162, and 8-244.1 as follows:
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6 | | (40 ILCS 5/8-125) (from Ch. 108 1/2, par. 8-125)
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7 | | Sec. 8-125. Annuity.
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8 | | "Annuity": Equal monthly payments for life, unless |
9 | | otherwise specified.
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10 | | For annuities taking effect before January 1, 1998, the |
11 | | first payment
shall be due and payable one month after the |
12 | | occurrence
of the event upon which payment of the annuity |
13 | | depends, and the last
payment shall be due and payable as of |
14 | | the date of the annuitant's death
and shall be prorated from |
15 | | the date of the last preceding payment to the
date of death for |
16 | | deaths that occur on or before March 31, 2000. All
payments |
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1 | | made
on or after April 1, 2000 shall be made on the first day of |
2 | | the calendar month
and the last payment shall be made on the |
3 | | first day of the calendar month in
which the annuity payment |
4 | | period ends. All payments for months beginning with
April of |
5 | | 2000 shall be for the entire calendar month, without proration. |
6 | | A pro
rata amount shall be paid for that part of the month from |
7 | | the March 2000
annuity payment date through March 31, 2000.
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8 | | For annuities taking effect on or after January 1, 1998,
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9 | | payments shall be made as of the first day of the calendar
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10 | | month, with the first payment to be made
as of the first day of |
11 | | the calendar month coincidental with or next
following the |
12 | | first day of the annuity payment period, and the last payment
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13 | | to be made as of the first day of the calendar month in which |
14 | | the annuity
payment period ends. For annuities taking effect on |
15 | | or
after January 1, 1998, all payments shall be for the entire |
16 | | calendar month,
without proration. The date on which the |
17 | | annuity payment period begins shall not be prior to termination |
18 | | or more than one year prior to receipt by the board of the |
19 | | written application for benefits.
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20 | | For the purposes of this Section, the "annuity payment |
21 | | period" means the
period beginning on the day after the |
22 | | occurrence of the event upon which
payment of the annuity |
23 | | depends, and ending on the day upon which the death of
the |
24 | | annuitant or other event terminating the annuity occurs.
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25 | | (Source: P.A. 90-31, eff. 6-27-97; 91-887, eff. 7-6-00.)
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1 | | (40 ILCS 5/8-162) (from Ch. 108 1/2, par. 8-162)
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2 | | Sec. 8-162. Proof of disability, duty and ordinary.
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3 | | Proof of duty or ordinary disability shall be furnished to |
4 | | the board by
at least one licensed and practicing physician |
5 | | appointed by the board. The
board may require other evidence of |
6 | | disability. Each disabled employee who
receives duty or |
7 | | ordinary disability benefit shall be examined at least
once a |
8 | | year , or a longer period of time as determined by the board, by |
9 | | one or more licensed and practicing physicians appointed by
the |
10 | | board. When the disability ceases, the board shall discontinue |
11 | | payment
of the benefit and the employee shall be returned to |
12 | | active service.
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13 | | (Source: Laws 1963, p. 161.)
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14 | | (40 ILCS 5/8-244.1) (from Ch. 108 1/2, par. 8-244.1)
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15 | | Sec. 8-244.1. Payment of annuity other than direct.
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16 | | (a) The board, at the written direction and request of any |
17 | | annuitant,
may, solely as an accommodation to such annuitant, |
18 | | pay the annuity due him
to a bank, savings and loan association |
19 | | or any other financial institution
insured by an agency of the |
20 | | federal government, for deposit to his account,
or to a bank or |
21 | | trust company for deposit in a trust established by him for
his |
22 | | benefit with such bank, savings and loan association or trust |
23 | | company,
and such annuitant may withdraw such direction at any
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24 | | time. An annuitant who directs the board to pay the annuity due |
25 | | him or her to a financial institution shall hold the board and |
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1 | | Fund harmless from any claim or loss related to any error as to |
2 | | whether the financial institution is or continues to be |
3 | | federally insured. The board may also, in the case of any |
4 | | disability beneficiary or
annuitant for whom no estate guardian |
5 | | has been appointed and who is
confined in a publicly owned and |
6 | | operated mental institution, pay such
disability benefit or |
7 | | annuity due such person to the superintendent or
other head of |
8 | | such institution or hospital for deposit to such person's
trust |
9 | | fund account maintained for him by such institution or |
10 | | hospital,
if by law such trust fund accounts are authorized or |
11 | | recognized.
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12 | | (b) An annuitant formerly employed by the City of Chicago |
13 | | may authorize
the withholding of a portion of his or her |
14 | | annuity for payment of dues to the
labor organization which |
15 | | formerly represented the annuitant when the annuitant
was an |
16 | | active employee; however, no withholding shall be required |
17 | | under this
subsection for payment to one labor organization |
18 | | unless a minimum of 25
annuitants authorize such withholding. |
19 | | The Board shall prescribe a form for
the authorization of |
20 | | withholding of dues, release of name, social security
number |
21 | | and address and shall provide such forms to employees, |
22 | | annuitants and
labor organizations upon request. Amounts |
23 | | withheld by the Board under this
subsection shall be promptly |
24 | | paid over to the designated organizations,
indicating the |
25 | | names, social security numbers and addresses of annuitants on
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26 | | whose behalf dues were withheld.
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1 | | At the request and at the expense of the labor organization |
2 | | that formerly
represented the annuitant, the City of Chicago |
3 | | shall coordinate mailings no
more than twice in any |
4 | | twelve-month period to such annuitants and the Board
shall |
5 | | supply current annuitant addresses to the City of Chicago upon |
6 | | request.
These mailings shall be limited to informing the |
7 | | annuitants of their rights
under this subsection (b), the form |
8 | | authorizing the withholding of dues from
their annuity and |
9 | | information supplied by the labor organization pertinent to
the |
10 | | decision of whether to exercise the rights of this subsection.
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11 | | (Source: P.A. 100-23, eff. 7-6-17.)
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12 | | Section 99. Effective date. This Act takes effect upon |
13 | | becoming law.".
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