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Full Text of SB1236  101st General Assembly

SB1236 101ST GENERAL ASSEMBLY

  
  

 


 
101ST GENERAL ASSEMBLY
State of Illinois
2019 and 2020
SB1236

 

Introduced 2/6/2019, by Sen. Terry Link

 

SYNOPSIS AS INTRODUCED:
 
40 ILCS 5/7-137.1  from Ch. 108 1/2, par. 7-137.1

    Amends the Illinois Municipal Retirement Fund (IMRF) Article of the Illinois Pension Code. Provides that beginning on the effective date of the amendatory Act, a person who holds elective office as a member of a county board, notwithstanding whether he or she has not elected to participate in the Fund with respect to that office or has revoked his or her election to participate with respect to that office, shall be disqualified from receiving a retirement annuity until he or she no longer holds that elective office. Provides that the changes apply without regard to whether the person is in service on or after the effective date of the amendatory Act. Makes a conforming change.


LRB101 07184 RPS 52222 b

FISCAL NOTE ACT MAY APPLY
PENSION IMPACT NOTE ACT MAY APPLY

 

 

A BILL FOR

 

SB1236LRB101 07184 RPS 52222 b

1    AN ACT concerning public employee benefits.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 5. The Illinois Pension Code is amended by changing
5Section 7-137.1 as follows:
 
6    (40 ILCS 5/7-137.1)  (from Ch. 108 1/2, par. 7-137.1)
7    Sec. 7-137.1. Elected officials.
8    (a) A person holding an elective office who has elected to
9participate in the Fund while in that office may revoke that
10election and cease participating in the Fund by notifying the
11Board in writing before January 1, 1992.
12    Upon such revocation, the person shall forfeit all
13creditable service earned while holding that office, and the
14Board shall refund to the person, without interest, all
15employee contributions paid for the forfeited creditable
16service. The Board shall also refund or credit to the employing
17municipality, without interest, the employer contributions
18relating to the forfeited service, except those for death and
19disability.
20    (b) Except as otherwise provided in subsection (c) of this
21Section, notwithstanding Notwithstanding the provisions of
22Sections 7-141 and 7-144, beginning January 1, 1992, a person
23who holds an elective office and has not elected to participate

 

 

SB1236- 2 -LRB101 07184 RPS 52222 b

1in the Fund with respect to that office (or has revoked his
2election to participate with respect to that office under
3subsection (a) of this Section) shall not be disqualified from
4receiving a retirement annuity by reason of holding such
5office, provided that the annuity is not based on any credits
6received for participating while holding that office.
7    (c) Beginning on the effective date of this amendatory Act
8of the 101st General Assembly, a person who holds elective
9office as a member of a county board, notwithstanding whether
10he or she has not elected to participate in the Fund with
11respect to that office or has revoked his or her election to
12participate with respect to that office under subsection (a) of
13this Section, shall be disqualified from receiving a retirement
14annuity until he or she no longer holds that elective office.
15Notwithstanding Section 1-103.1, the changes made by this
16amendatory Act of the 101st General Assembly apply without
17regard to whether the person is in service on or after the
18effective date of this amendatory Act of the 101st General
19Assembly.
20(Source: P.A. 87-740.)