093_HB0400

 
                                     LRB093 03958 EFG 03997 b

 1        AN ACT in relation to 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
 5    changing  Sections  6-210.1  and  8-172  and  adding Sections
 6    6-210.2 and 8-172.1 as follows:

 7        (40 ILCS 5/6-210.1) (from Ch. 108 1/2, par. 6-210.1)
 8        Sec. 6-210.1.  Credit for former employment with the fire
 9    department.
10        (a)  Any fireman who (1) accumulated  service  credit  in
11    the  Article 8 fund for service as an employee of the Chicago
12    Fire Department and (2) has terminated that Article 8 service
13    credit and received a refund of contributions  therefor,  may
14    establish  service credit in this Fund for all or any part of
15    that period of service under the Article  8  fund  by  making
16    written  application  to  the  Board  by  January 1, 2000 and
17    paying to this Fund (i) employee contributions based upon the
18    actual salary received and the rates in effect for members of
19    this Fund at the time of such  service,  plus  (ii)  interest
20    thereon calculated as follows:
21             (1)  For  applications  received by the Board before
22        July 14, the effective date of  this  amendatory  Act  of
23        1995,  interest  shall  be  calculated  on  the amount of
24        employee contributions determined under item  (i)  above,
25        at  the  rate  of 4% per annum, compounded annually, from
26        the date of termination of such service to  the  date  of
27        payment.
28             (2)  For  applications  received  by the Board on or
29        after July 14, the effective date of this amendatory  Act
30        of  1995,  interest  shall be calculated on the amount of
31        employee contributions determined under item  (i)  above,
 
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 1        at  the  rate  of 4% per annum, compounded annually, from
 2        the first date of the period for which  credit  is  being
 3        established  under  this  subsection  (a)  to the date of
 4        payment.
 5        (b)  A fireman who, at any time during  the  period  1970
 6    through  1983, was an employee of the Chicago Fire Department
 7    but did not participate in any pension fund subject  to  this
 8    Code  with  respect  to that employment may establish service
 9    credit in this Fund for all or any part of that employment by
10    making written application to the Board by  January  1,  2000
11    and paying to this Fund (i) employee contributions based upon
12    the  actual  salary  received  and  the  rates  in effect for
13    members of this Fund at the time  of  that  employment,  plus
14    (ii) interest thereon calculated at the rate of 4% per annum,
15    compounded  annually,  from  the first date of the employment
16    for which credit is being established under  this  subsection
17    (b) to the date of payment.
18        (c)  A  fireman  may  pay  the contributions required for
19    service credit under this Section  established  on  or  after
20    July 14, the effective date of this amendatory Act of 1995 in
21    the  form  of  payroll  deductions,  in  accordance with such
22    procedures and limitations as may  be  established  by  Board
23    rule and any applicable rules or ordinances of the employer.
24        (d)  Employer   contributions  shall  be  transferred  as
25    provided in Sections 6-210.2 and 8-172.1.  The employer shall
26    not  be  responsible  for  making  any  additional   employer
27    contributions for any credit established under this Section.
28    (Source: P.A. 89-136, eff. 7-14-95.)

29        (40 ILCS 5/6-210.2 new)
30        Sec.   6-210.2.    City   contributions  for  paramedics.
31    Municipality credits computed and credited  under  Article  8
32    for  all  firemen  who  (1) accumulated service credit in the
33    Article  8  fund  for  service  as  a  paramedic,  (2)   have
 
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 1    terminated  that  Article  8  service  credit  and received a
 2    refund of contributions, and (3)  are  participants  in  this
 3    Article  6  fund on the effective date of this amendatory Act
 4    of the 93rd General Assembly  shall  be  transferred  by  the
 5    Article  8  fund  to this Fund, together with interest at the
 6    rate of 11% per annum, compounded annually, to  the  date  of
 7    the  transfer,  as  provided in Section 8-172.1 of this Code.
 8    These city contributions shall be credited to the  individual
 9    fireman  only  if  he  or  she  pays  for  prior service as a
10    paramedic in full to this Fund.

11        (40 ILCS 5/8-172) (from Ch. 108 1/2, par. 8-172)
12        Sec. 8-172. Refunds -  Transfer  of  city  contributions.
13    Whenever any amount is refunded as provided in Sections 8-168
14    and  8-169, except in the case of a male employee who becomes
15    a widower while in service  after  he  becomes  age  65,  the
16    amounts to the credit of the male employee from contributions
17    by  the  city,  shall  be  transferred  to  the prior service
18    annuity reserve.  Thereafter, except as otherwise provided in
19    Section 8-172.1, any such amounts shall become  a  credit  to
20    the city and, with interest thereon at the effective rate, be
21    used  to reduce the amount which the city would otherwise pay
22    during a succeeding year.
23    (Source: Laws 1963, p. 161.)

24        (40 ILCS 5/8-172.1 new)
25        Sec.  8-172.1.   Transfer  of  city   contributions   for
26    paramedics.
27        (a)  Municipality  credits  computed  and  credited under
28    this Article 8 for all persons who  (1)  accumulated  service
29    credit in this Article 8 fund for service as a paramedic, (2)
30    have  terminated that Article 8 service credit and received a
31    refund of contributions, and  (3)  are  participants  in  the
32    Article  6  fund on the effective date of this amendatory Act
 
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 1    of the 93rd General Assembly shall  be  transferred  by  this
 2    Article  8  fund to the Article 6 fund together with interest
 3    at the rate of 11% per annum,  compounded  annually,  to  the
 4    date  of  transfer.   The  city  shall not be responsible for
 5    making any additional employer contributions to the  Fund  to
 6    replace the amounts transferred under this Section.
 7        (b)  Municipality  credits  computed  and  credited under
 8    this Article 8 for all persons who  (1)  accumulated  service
 9    credit in this Article 8 fund for service as a paramedic, (2)
10    have  terminated that Article 8 service credit and received a
11    refund of contributions, and (3) are not participants in  the
12    Article  6  fund on the effective date of this amendatory Act
13    of the 93rd General Assembly shall be  used  as  provided  in
14    Section 8-172.

15        Section  90.  The State Mandates Act is amended by adding
16    Section 8.27 as follows:

17        (30 ILCS 805/8.27 new)
18        Sec. 8.27. Exempt mandate.   Notwithstanding  Sections  6
19    and  8 of this Act, no reimbursement by the State is required
20    for  the  implementation  of  any  mandate  created  by  this
21    amendatory Act of the 93rd General Assembly.

22        Section 99.  Effective date.  This Act takes effect  upon
23    becoming law.