Full Text of SB3309 98th General Assembly
SB3309ham001 98TH GENERAL ASSEMBLY | Rep. Lawrence M. Walsh, Jr. Filed: 5/1/2014
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| 1 | | AMENDMENT TO SENATE BILL 3309
| 2 | | AMENDMENT NO. ______. Amend Senate Bill 3309 on page 1, in | 3 | | line 5, after "2-114,", by inserting "3-144.2, 3-148, 4-139,"; | 4 | | and | 5 | | on page 1, in line 6, after "2-163,", by inserting "4-138.10,"; | 6 | | and
| 7 | | on page 2, below line 23, by inserting the following:
| 8 | | "(40 ILCS 5/3-144.2) (from Ch. 108 1/2, par. 3-144.2)
| 9 | | Sec. 3-144.2. Mistake in benefit. | 10 | | (a) If the Fund mistakenly sets any
benefit at an incorrect | 11 | | amount, it shall recalculate the benefit as soon as
may be | 12 | | practicable after the mistake is discovered. | 13 | | (b) If the benefit was mistakenly set too low, the Fund | 14 | | shall make a lump
sum payment to the recipient of an amount | 15 | | equal to the difference between
the benefits that should have |
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| 1 | | been paid and those actually paid, plus
interest at the | 2 | | prescribed rate from the date the unpaid amounts accrued to
the | 3 | | date of payment. | 4 | | (c) If the benefit was mistakenly set too high, the Fund | 5 | | may recover the
amount overpaid from the recipient thereof, | 6 | | including interest at the prescribed rate from the date of | 7 | | overpayment to the date of recovery, either directly
or by | 8 | | deducting
such amount from the remaining benefits payable to | 9 | | the recipient. If the overpayment is recovered by deductions | 10 | | from the remaining benefits payable to the recipient, the | 11 | | monthly deduction shall not exceed 10% of the corrected monthly | 12 | | benefit amount, unless otherwise agreed to by the recipient of | 13 | | the benefit. | 14 | | However,
if (i) the amount of the benefit was mistakenly | 15 | | set too high, and (ii) the
error was undiscovered for 3 years | 16 | | or longer, and (iii) the error was not the
result of incorrect | 17 | | information supplied by the affected participant or
| 18 | | beneficiary, then upon discovery of the mistake the benefit | 19 | | shall be
adjusted to the correct level, but the recipient of | 20 | | the benefit need not
repay to the Fund the excess amounts | 21 | | received in error. | 22 | | (d) In the event of any conflict between this Section and | 23 | | the Administrative Review Law, including but not limited to any | 24 | | period established under that Law having the effect of limiting | 25 | | the time in which a mistake in benefit may be corrected, this | 26 | | Section is intended to control. |
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| 1 | | The amount of any overpayment, due to fraud, | 2 | | misrepresentation
or error, of any pension or benefit granted | 3 | | under this Article may be deducted
from future payments to the | 4 | | recipient of such pension or benefit.
| 5 | | (Source: P.A. 82-623.)
| 6 | | (40 ILCS 5/3-148) (from Ch. 108 1/2, par. 3-148)
| 7 | | Sec. 3-148. Administrative review. Except as provided in | 8 | | Section 3-144.2, pertaining to the correction of mistakes in | 9 | | benefits, the The provisions of the Administrative Review Law,
| 10 | | and all amendments and modifications thereof and the rules | 11 | | adopted
pursuant thereto, shall apply to and govern all | 12 | | proceedings for the
judicial review of final administrative | 13 | | decisions of the retirement board
provided for under this | 14 | | Article. The term "administrative decision" is as
defined in | 15 | | Section 3-101 of the Code of Civil Procedure.
| 16 | | (Source: P.A. 82-783.)
| 17 | | (40 ILCS 5/4-138.10 new) | 18 | | Sec. 4-138.10. Mistake in benefit. | 19 | | (a) If the Fund mistakenly sets any
benefit at an incorrect | 20 | | amount, it shall recalculate the benefit as soon as
may be | 21 | | practicable after the mistake is discovered. | 22 | | (b) If the benefit was mistakenly set too low, the Fund | 23 | | shall make a lump
sum payment to the recipient of an amount | 24 | | equal to the difference between
the benefits that should have |
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| 1 | | been paid and those actually paid, plus
interest at the | 2 | | prescribed rate from the date the unpaid amounts accrued to
the | 3 | | date of payment. | 4 | | (c) If the benefit was mistakenly set too high, the Fund | 5 | | may recover the
amount overpaid from the recipient thereof, | 6 | | including interest at the prescribed rate from the date of | 7 | | overpayment to the date of recovery, either directly
or by | 8 | | deducting
such amount from the remaining benefits payable to | 9 | | the recipient. If the overpayment is recovered by deductions | 10 | | from the remaining benefits payable to the recipient, the | 11 | | monthly deduction shall not exceed 10% of the corrected monthly | 12 | | benefit amount, unless otherwise agreed to by the recipient of | 13 | | the benefit. | 14 | | However,
if (i) the amount of the benefit was mistakenly | 15 | | set too high, and (ii) the
error was undiscovered for 3 years | 16 | | or longer, and (iii) the error was not the
result of incorrect | 17 | | information supplied by the affected participant or
| 18 | | beneficiary, then upon discovery of the mistake the benefit | 19 | | shall be
adjusted to the correct level, but the recipient of | 20 | | the benefit need not
repay to the Fund the excess amounts | 21 | | received in error. | 22 | | (d) In the event of any conflict between this Section and | 23 | | the Administrative Review Law, including but not limited to any | 24 | | period established under that Law having the effect of limiting | 25 | | the time in which a mistake in benefit may be corrected, this | 26 | | Section is intended to control.
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| 1 | | (40 ILCS 5/4-139) (from Ch. 108 1/2, par. 4-139)
| 2 | | Sec. 4-139. Administrative review. Except as provided in | 3 | | Section 4-138.10, pertaining to the correction of mistakes in | 4 | | benefits, the The provisions of the Administrative Review Law,
| 5 | | and all amendments and modifications thereof and the rules | 6 | | adopted
pursuant thereto, shall apply to and govern all | 7 | | proceedings for the
judicial review of final administrative | 8 | | decisions of the retirement board
provided for under this | 9 | | Article. The term "administrative decision" is as
defined in | 10 | | Section 3-101 of the Code of Civil Procedure.
| 11 | | (Source: P.A. 82-783.)".
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