Illinois General Assembly - Full Text of HB1930
Illinois General Assembly

Previous General Assemblies

Full Text of HB1930  95th General Assembly



HB1930 Engrossed LRB095 10033 AMC 30247 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 changing
5 Section 7-137.1 as follows:
6     (40 ILCS 5/7-137.1)  (from Ch. 108 1/2, par. 7-137.1)
7     Sec. 7-137.1. Elected officials.
8     (a) A person holding an elective office who has elected to
9 participate in the Fund while in that office may revoke that
10 election and cease participating in the Fund by notifying the
11 Board in writing before January 1, 1992.
12     Upon such revocation, the person shall forfeit all
13 creditable service earned while holding that office, and the
14 Board shall refund to the person, without interest, all
15 employee contributions paid for the forfeited creditable
16 service. The Board shall also refund or credit to the employing
17 municipality, without interest, the employer contributions
18 relating to the forfeited service, except those for death and
19 disability.
20     (b) Notwithstanding the provisions of Sections 7-141 and
21 7-144, beginning January 1, 1992, a person who holds an
22 elective office and has not elected to participate in the Fund
23 with respect to that term of office (or has revoked his



HB1930 Engrossed - 2 - LRB095 10033 AMC 30247 b

1 election to participate with respect to that term of office
2 under subsection (a) of this Section) shall not be disqualified
3 from receiving a retirement annuity during that term of office
4 by reason of holding that such office, provided that the
5 annuity is not based on any credits received for participating
6 during while holding that term of office.
7 (Source: P.A. 87-740.)
8     Section 90. The State Mandates Act is amended by adding
9 Section 8.31 as follows:
10     (30 ILCS 805/8.31 new)
11     Sec. 8.31. Exempt mandate. Notwithstanding Sections 6 and 8
12 of this Act, no reimbursement by the State is required for the
13 implementation of any mandate created by this amendatory Act of
14 the 95th General Assembly.
15     Section 99. Effective date. This Act takes effect upon
16 becoming law.