HB4463ham001 94TH GENERAL ASSEMBLY

Rep. James H. Meyer

Filed: 2/28/2006

09400HB4463ham001 LRB094 14363 AMC 56376 a

AMENDMENT TO HOUSE BILL 4463

AMENDMENT NO. ______. Amend House Bill 4463 by replacing everything after the enacting clause with the following:

"Section 5. The Illinois Pension Code is amended by changing Section 20-109 as follows:

(40 ILCS 5/20-109) (from Ch. 108 1/2, par. 20-109)

Sec. 20-109. "Pension credit": Credit or equities acquired by an employee in the form of contributions, earnings or service as defined under the law governing each of the systems in which he has credits or equities, except credits and equities (1) of less than one year in any one system, except that this one-year limitation shall not apply to (A) employees who transfer or are transferred, as a class, from one participating system to another or who are persons to whom Section 14-108.2a or 14-108.2b applies or (B) persons who move from participation with a school district as a teacher aide under Article 7 to participation under Article 16; or (2) which have previously been forfeited by acceptance of a refund or which have been applied towards a retirement annuity and have not been reestablished in accordance with the law governing the system from which the refund or retirement annuity had been received. If a retirement system provides no refund of contributions, the pension credit in the case of any employee who has participated in that system shall be considered effective for the purposes of this Article.

(Source: P.A. 88-535; 89-246, eff. 8-4-95.)

Section 90. The State Mandates Act is amended by adding Section 8.30 as follows:

(30 ILCS 805/8.30 new)

Sec. 8.30. 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 94th General Assembly.

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