HB1537 98TH GENERAL ASSEMBLY

LRB098 04124 JDS 34147 b

98TH GENERAL ASSEMBLY
State of Illinois
2013 and 2014
HB1537

Introduced , by Rep. Daniel J. Burke

SYNOPSIS AS INTRODUCED:

40 ILCS 5/7-183	from Ch. 108 1/2, par. 7-183
30 ILCS 805/8.37 new

Amends the Illinois Municipal Retirement Fund (IMRF) Article of the Illinois Pension Code. Provides that, beginning on July 1, 2014 and no later than each July 1 thereafter, each participating employer must submit a report to the Board listing each of its employees during the past 12-month period. Specifies the information the report must contain. Provides that if a report is inadequate or if the employer fails to submit the report, then the Board may provide for an audit of the records of the municipality or instrumentality as may be required to determine the information requested. Amends the State Mandates Act to require implementation without reimbursement.

FISCAL NOTE ACT MAY APPLY

PENSION IMPACT NOTE ACT MAY APPLY

STATE MANDATES ACT MAY REQUIRE REIMBURSEMENT

A BILL FOR

AN ACT concerning public employee benefits.

Be it enacted by the People of the State of Illinois, represented in the General Assembly:

Section 5. The Illinois Pension Code is amended by changing Section 7-183 as follows:

(40 ILCS 5/7-183) (from Ch. 108 1/2, par. 7-183)

Sec. 7-183. To request information.

To request such information from any participating or covered employee or from any participating or covered municipality or instrumentality thereof or participating instrumentality as is necessary for the proper operation of the fund.

Beginning on July 1, 2014 and no later than each July 1 thereafter, each participating employer shall submit a report to the Board listing each of its employees during the past 12-month period. The report shall include all employees as defined in Section 7-109, regardless of their participation status in the Fund. The report shall be in a format prescribed by the Board and shall include the employee name; date of hire; date of termination, if applicable; and compensation paid in the previous 12-month period.

If reports furnished to the Fund under this Section are inadequate or if the employer fails to submit the report, the Board may provide for an audit of the records of the municipality or instrumentality as may be required to determine the information requested. The municipality or instrumentality shall make its records available to the Fund for the purpose of that audit. The cost of that audit shall be paid by the municipality or instrumentality to the Fund and shall be due no later than 90 days after notification of the charge.

(Source: Laws 1963, p. 161.)

Section 90. The State Mandates Act is amended by adding Section 8.37 as follows:

(30 ILCS 805/8.37 new)

Sec. 8.37. Exempt mandate. Notwithstanding Sections 6 and 8 of this Act, no reimbursement by the State is required for the implementation of any mandate created by this amendatory Act of the 98th General Assembly.