SB2404sam003 98TH GENERAL ASSEMBLY

Sen. Dale A. Righter

Filed: 5/9/2013

 

 


 

 


 
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1
AMENDMENT TO SENATE BILL 2404

2    AMENDMENT NO. ______. Amend Senate Bill 2404, AS AMENDED,
3as follows:
 
4in Section 30, in Sec. 2-126, by inserting after the end of
5subsection (a-5) the following:
6    "(a-10) Notwithstanding any other provision of this
7Section, if for any fiscal year the General Assembly reduces
8the guaranteed funding formula or the available appropriations
9are insufficient to provide the amount required under that
10funding formula, then in that same fiscal year all employee
11contributions required under this Section shall be reduced by
12the same percentage as the percentage by which the guaranteed
13State funding or available appropriation was reduced below the
14amount required under that funding formula as initially
15certified by the System for that fiscal year.
16    If a court orders the State to pay full payment under the
17guaranteed funding formula, or if a supplemental appropriation

 

 

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1sufficient to provide the amount required under that funding
2formula is enacted, then upon the first payment by the State at
3the level required by that funding formula, the required
4employee contribution rate shall return to the unreduced
5amount.
6    At the beginning of each fiscal year, the Commission on
7Government Forecasting and Accountability shall determine
8whether this subsection applies and, if so, the amount of the
9percentage reduction in employee contributions that shall be
10made under this subsection.
11    For the purposes of this subsection, "guaranteed funding
12formula" means the formula for the calculation of the required
13State contribution in Section 2-124 of this Code, as that
14Section existed immediately before the effective date of this
15amendatory Act of the 98th General Assembly."; and
 
16in Section 30, in Sec. 14-133, by inserting after the end of
17subsection (a-5) the following:
18    "(a-10) Notwithstanding any other provision of this
19Section, if for any fiscal year the General Assembly reduces
20the guaranteed funding formula or the available appropriations
21are insufficient to provide the amount required under that
22funding formula, then in that same fiscal year all employee
23contributions required under this Section shall be reduced by
24the same percentage as the percentage by which the guaranteed
25State funding or available appropriation was reduced below the

 

 

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1amount required under that funding formula as initially
2certified by the System for that fiscal year.
3    If a court orders the State to pay full payment under the
4guaranteed funding formula, or if a supplemental appropriation
5sufficient to provide the amount required under that funding
6formula is enacted, then upon the first payment by the State at
7the level required by that funding formula, the required
8employee contribution rate shall return to the unreduced
9amount.
10    At the beginning of each fiscal year, the Commission on
11Government Forecasting and Accountability shall determine
12whether this subsection applies and, if so, the amount of the
13percentage reduction in employee contributions that shall be
14made under this subsection.
15    For the purposes of this subsection, "guaranteed funding
16formula" means the formula for the calculation of the required
17State contribution in Section 14-131 of this Code, as that
18Section existed immediately before the effective date of this
19amendatory Act of the 98th General Assembly."; and
 
20in Section 30, in Sec. 15-157, by inserting after the end of
21subsection (a-5) the following:
22    "(a-10) Notwithstanding any other provision of this
23Section, if for any fiscal year the General Assembly reduces
24the guaranteed funding formula or the available appropriations
25are insufficient to provide the amount required under that

 

 

09800SB2404sam003- 4 -LRB098 09018 JDS 45697 a

1funding formula, then in that same fiscal year all employee
2contributions required under this Section shall be reduced by
3the same percentage as the percentage by which the guaranteed
4State funding or available appropriation was reduced below the
5amount required under that funding formula as initially
6certified by the System for that fiscal year.
7    If a court orders the State to pay full payment under the
8guaranteed funding formula, or if a supplemental appropriation
9sufficient to provide the amount required under that funding
10formula is enacted, then upon the first payment by the State at
11the level required by that funding formula, the required
12employee contribution rate shall return to the unreduced
13amount.
14    At the beginning of each fiscal year, the Commission on
15Government Forecasting and Accountability shall determine
16whether this subsection applies and, if so, the amount of the
17percentage reduction in employee contributions that shall be
18made under this subsection.
19    For the purposes of this subsection, "guaranteed funding
20formula" means the formula for the calculation of the required
21State contribution in Section 15-155 of this Code, as that
22Section existed immediately before the effective date of this
23amendatory Act of the 98th General Assembly."; and
 
24in Section 30, in Sec. 16-152, by inserting after the end of
25subsection (a-5) the following:

 

 

09800SB2404sam003- 5 -LRB098 09018 JDS 45697 a

1    "(a-10) Notwithstanding any other provision of this
2Section, if for any fiscal year the General Assembly reduces
3the guaranteed funding formula or the available appropriations
4are insufficient to provide the amount required under that
5funding formula, then in that same fiscal year all employee
6contributions required under this Section shall be reduced by
7the same percentage as the percentage by which the guaranteed
8State funding or available appropriation was reduced below the
9amount required under that funding formula as initially
10certified by the System for that fiscal year.
11    If a court orders the State to pay full payment under the
12guaranteed funding formula, or if a supplemental appropriation
13sufficient to provide the amount required under that funding
14formula is enacted, then upon the first payment by the State at
15the level required by that funding formula, the required
16employee contribution rate shall return to the unreduced
17amount.
18    At the beginning of each fiscal year, the Commission on
19Government Forecasting and Accountability shall determine
20whether this subsection applies and, if so, the amount of the
21percentage reduction in employee contributions that shall be
22made under this subsection.
23    For the purposes of this subsection, "guaranteed funding
24formula" means the formula for the calculation of the required
25State contribution in Section 16-158 of this Code, as that
26Section existed immediately before the effective date of this

 

 

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1amendatory Act of the 98th General Assembly.".