Full Text of HB2789 98th General Assembly
HB2789 98TH GENERAL ASSEMBLY |
| | 98TH GENERAL ASSEMBLY
State of Illinois
2013 and 2014 HB2789 Introduced , by Rep. Elgie R. Sims, Jr. SYNOPSIS AS INTRODUCED: |
| 40 ILCS 5/17-142.1 | from Ch. 108 1/2, par. 17-142.1 | 30 ILCS 805/8.37 new | |
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Amends the Chicago Teacher Article of the Illinois Pension Code. In a Section on reimbursement of health insurance costs: (1) deletes a provision limiting total payments in any year to
$65,000,000, plus past-due amounts; (2) changes a provision limiting total payments in any year from 75% to 50% of the total cost of health insurance for all recipients, plus past-due amounts; and (iii) adds a provision limiting each recipient to an amount equal to 2.2% of health insurance costs for each year of service credit. Amends the State Mandates Act to require implementation without reimbursement. Effective January 1, 2014.
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| | FISCAL NOTE ACT MAY APPLY | PENSION IMPACT NOTE ACT MAY APPLY | STATE MANDATES ACT MAY REQUIRE REIMBURSEMENT |
| | A BILL FOR |
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| | | HB2789 | | LRB098 08741 EFG 38866 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 changing | 5 | | Section 17-142.1 as follows: | 6 | | (40 ILCS 5/17-142.1) (from Ch. 108 1/2, par. 17-142.1)
| 7 | | Sec. 17-142.1. To defray health insurance costs. To provide | 8 | | for the
partial reimbursement of health insurance costs.
| 9 | | (1) On the first day of September of each year, beginning | 10 | | in 1988,
the Board may, by separate warrant, pay to each | 11 | | recipient of a service
retirement, disability retirement or | 12 | | survivor's pension an amount to be
determined by the Board, | 13 | | which shall represent partial reimbursement for
the cost of the | 14 | | recipient's health insurance coverage.
| 15 | | (2) In lieu of the annual payment authorized in subdivision | 16 | | (1), for
pensioners enrolled in the Fund's regular health care | 17 | | deduction plans, the
Fund may pay the health insurance premium | 18 | | reimbursement on a monthly rather
than annual basis, at the | 19 | | percentage rate established from time to time by
the Board. If | 20 | | the Board so directs, these monthly payments may be made in
the | 21 | | form of a direct payment of premium and a reduction in the | 22 | | amount
deducted from the annuity, rather than in the form of | 23 | | reimbursement by
separate warrant.
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| | | HB2789 | - 2 - | LRB098 08741 EFG 38866 b |
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| 1 | | (3) (Blank). Total payments under this Section in any year | 2 | | may not exceed
$65,000,000 plus any amount that was authorized | 3 | | to be paid
under this Section in the preceding year but was not | 4 | | actually paid by the
Board, including any interest earned | 5 | | thereon.
| 6 | | (4) The total amount of payments under this Section in any | 7 | | year may not exceed 50% 75% of the total cost of health | 8 | | insurance coverage in that year for all the recipients who | 9 | | receive payments authorized by this Section in that year , plus | 10 | | any amount that was authorized to be paid under this Section in | 11 | | the preceding year but was not actually paid by the Board, | 12 | | including any interest earned thereon. A recipient shall not | 13 | | receive reimbursement for the cost of health insurance coverage | 14 | | in excess of 2.2% for each year of service credit .
| 15 | | (Source: P.A. 93-677, eff. 6-28-04.)
| 16 | | Section 90. The State Mandates Act is amended by adding | 17 | | Section 8.37 as follows: | 18 | | (30 ILCS 805/8.37 new) | 19 | | Sec. 8.37. Exempt mandate. Notwithstanding Sections 6 and 8 | 20 | | of this Act, no reimbursement by the State is required for the | 21 | | implementation of any mandate created by this amendatory Act of | 22 | | the 98th General Assembly.
| 23 | | Section 99. Effective date. This Act takes effect January | 24 | | 1, 2014.
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