Full Text of SB1682 103rd General Assembly
SB1682 103RD GENERAL ASSEMBLY |
| | 103RD GENERAL ASSEMBLY
State of Illinois
2023 and 2024 SB1682 Introduced 2/8/2023, by Sen. Robert F. Martwick SYNOPSIS AS INTRODUCED: |
| 40 ILCS 5/15-159 | from Ch. 108 1/2, par. 15-159 |
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Amends the State Universities Article of the Illinois Pension Code. Provides that of the 4 participating employee members of the Board of Trustees, one of the members must be from a community college.
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| | A BILL FOR |
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| | | SB1682 | | LRB103 27720 RPS 54097 b |
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| 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 | 5 | | changing Section 15-159 as follows:
| 6 | | (40 ILCS 5/15-159) (from Ch. 108 1/2, par. 15-159)
| 7 | | Sec. 15-159. Board created. | 8 | | (a) A board of trustees constituted as provided in
this | 9 | | Section shall administer this System. The board shall be known | 10 | | as the
Board of Trustees of the State Universities Retirement | 11 | | System.
| 12 | | (b) (Blank).
| 13 | | (c) (Blank).
| 14 | | (d) Beginning on the 90th day after April 3, 2009 (the | 15 | | effective date of Public Act 96-6), the Board of Trustees | 16 | | shall be constituted as follows: | 17 | | (1) The Chairperson of the Board of Higher Education. | 18 | | (2) Four trustees appointed by the Governor with the | 19 | | advice and consent of the Senate who may not be members of | 20 | | the system or hold an elective State office and who shall | 21 | | serve for a term of 6 years, except that the terms of the | 22 | | initial appointees under this subsection (d) shall be as | 23 | | follows: 2 for a term of 3 years and 2 for a term of 6 |
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| 1 | | years. The term of an appointed trustee shall terminate | 2 | | immediately upon becoming a member of the system or being | 3 | | sworn into an elective State office, and the position | 4 | | shall be considered to be vacant and shall be filled | 5 | | pursuant to subsection (f) of this Section. | 6 | | (3) Four participating employees of the system to be | 7 | | elected from the contributing membership of the system by | 8 | | the
contributing members, no more than 2 of which may be | 9 | | from any of the University of Illinois campuses and one of | 10 | | which must be from a community college , who shall serve | 11 | | for a term of 6 years, except that the terms of the initial | 12 | | electees shall be as follows: 2 for a term of 3 years and 2 | 13 | | for a term of 6 years. | 14 | | (4) Two annuitants of
the system who have been | 15 | | annuitants for at least one full year, to be
elected from | 16 | | and by the annuitants of the system, no more than one of | 17 | | which may be from any of the University of Illinois | 18 | | campuses, who shall serve for a term of 6 years, except | 19 | | that the terms of the initial electees shall be as | 20 | | follows: one for a term of 3 years and one for a term of 6 | 21 | | years. | 22 | | The chairperson of the Board shall be appointed by the | 23 | | Governor from among the trustees. | 24 | | For the purposes of this Section, the Governor may make a | 25 | | nomination and the Senate may confirm the nominee in advance | 26 | | of the commencement of the nominee's term of office. |
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| 1 | | (e) The 6 elected trustees shall be elected within 90 days | 2 | | after April 3, 2009 (the effective date of Public Act 96-6) for | 3 | | a term beginning on the 90th day after that effective date. | 4 | | Trustees shall be elected thereafter as terms expire for a | 5 | | 6-year term beginning July 15 next following their election, | 6 | | and such election shall be held on May 1, or on May 2 when May | 7 | | 1 falls on a Sunday. The board may establish rules for the | 8 | | election of trustees to implement the provisions of Public Act | 9 | | 96-6 and for future elections. Candidates for the | 10 | | participating trustee shall be nominated by petitions in | 11 | | writing, signed by not less than 400 participants with their | 12 | | addresses shown opposite their names. Candidates for the | 13 | | annuitant trustee shall be nominated by petitions in writing, | 14 | | signed by not less than 100 annuitants with their addresses | 15 | | shown opposite their names. If there is more than one | 16 | | qualified nominee for each elected trustee, then the board | 17 | | shall conduct a secret ballot election by mail for that | 18 | | trustee, in accordance with rules as established by the board. | 19 | | If there is only one qualified person nominated by petition | 20 | | for each elected trustee, then the election as required by | 21 | | this Section shall not be conducted for that trustee and the | 22 | | board shall declare such nominee duly elected. A vacancy | 23 | | occurring in the elective membership of the board shall be | 24 | | filled for the unexpired term by the elected trustees serving | 25 | | on the board for the remainder of the term. Nothing in this | 26 | | subsection shall preclude the adoption of rules providing for |
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| 1 | | internet or phone balloting in addition, or as an alternative, | 2 | | to election by mail. | 3 | | (f) A vacancy in the appointed membership on the board of | 4 | | trustees caused by resignation,
death, expiration of term of | 5 | | office, or other reason shall be filled by a
qualified person | 6 | | appointed by the Governor for the remainder of the unexpired
| 7 | | term.
| 8 | | (g) Trustees
shall continue in office until their | 9 | | respective successors are appointed
and have qualified, except | 10 | | that a trustee elected to one of the participating employee
| 11 | | positions after the effective date of this amendatory Act of | 12 | | the 102nd General Assembly shall be disqualified immediately | 13 | | upon the termination of
his or her status as a participating | 14 | | employee and a trustee elected to one of the
annuitant | 15 | | positions after the effective date of this amendatory Act of | 16 | | the 102nd General Assembly shall be disqualified immediately | 17 | | upon the termination of
his or her status as an annuitant | 18 | | receiving a retirement annuity.
| 19 | | An elected trustee who is incumbent on the effective date | 20 | | of this amendatory Act of the 102nd General Assembly whose | 21 | | status as a participating employee or annuitant has terminated | 22 | | after having been elected shall continue to serve in the | 23 | | participating employee or annuitant position to which he or | 24 | | she was elected for the remainder of the term. | 25 | | (h) Each trustee must take an oath of office
before a | 26 | | notary public of this State and shall qualify as a trustee upon |
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| 1 | | the
presentation to the board of a certified copy of the oath. | 2 | | The oath must state
that the person will diligently and | 3 | | honestly administer the affairs of the
retirement system, and | 4 | | will not knowingly violate or willfully permit to be
violated | 5 | | any provisions of this Article.
| 6 | | Each trustee shall serve without compensation but shall be | 7 | | reimbursed for
expenses necessarily incurred in attending | 8 | | board meetings and carrying out his
or her duties as a trustee | 9 | | or officer of the system.
| 10 | | (Source: P.A. 101-610, eff. 1-1-20; 102-210, eff. 7-30-21.)
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