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90_HB2833 40 ILCS 5/6-210.1 from Ch. 108 1/2, par. 6-210.1 40 ILCS 5/6-210.2 new 40 ILCS 5/8-172 from Ch. 108 1/2, par. 8-172 40 ILCS 5/8-172.1 new 30 ILCS 805/8.22 new Amends the Chicago Firefighter and Municipal Employee Articles of the Pension Code to require the Chicago municipal pension fund to transfer to the Chicago firefighter pension fund certain city contributions relating to paramedics. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately. LRB9009442EGfg LRB9009442EGfg 1 AN ACT to amend the Illinois Pension Code by changing 2 Sections 6-210.1 and 8-172 and adding Sections 6-210.2 and 3 8-172.1 and to amend the State Mandates Act. 4 Be it enacted by the People of the State of Illinois, 5 represented in the General Assembly: 6 Section 5. The Illinois Pension Code is amended by 7 changing Sections 6-210.1 and 8-172 and adding Sections 8 6-210.2 and 8-172.1 as follows: 9 (40 ILCS 5/6-210.1) (from Ch. 108 1/2, par. 6-210.1) 10 Sec. 6-210.1. Credit for former employment with the fire 11 department. 12 (a) Any fireman who (1) accumulated service credit in 13 the Article 8 fund for service as an employee of the Chicago 14 Fire Department and (2) has terminated that Article 8 service 15 credit and received a refund of contributions therefor, may 16 establish service credit in this Fund for all or any part of 17 that period of service under the Article 8 fund by making 18 written application to the Board by January 1, 2000 and 19 paying to this Fund (i) employee contributions based upon the 20 actual salary received and the rates in effect for members of 21 this Fund at the time of such service, plus (ii) interest 22 thereon calculated as follows: 23 (1) For applications received by the Board before 24 July 14,the effective date of this amendatory Act of25 1995, interest shall be calculated on the amount of 26 employee contributions determined under item (i) above, 27 at the rate of 4% per annum, compounded annually, from 28 the date of termination of such service to the date of 29 payment. 30 (2) For applications received by the Board on or 31 after July 14,the effective date of this amendatory Act-2- LRB9009442EGfg 1of1995, interest shall be calculated on the amount of 2 employee contributions determined under item (i) above, 3 at the rate of 4% per annum, compounded annually, from 4 the first date of the period for which credit is being 5 established under this subsection (a) to the date of 6 payment. 7 (b) A fireman who, at any time during the period 1970 8 through 1983, was an employee of the Chicago Fire Department 9 but did not participate in any pension fund subject to this 10 Code with respect to that employment may establish service 11 credit in this Fund for all or any part of that employment by 12 making written application to the Board by January 1, 2000 13 and paying to this Fund (i) employee contributions based upon 14 the actual salary received and the rates in effect for 15 members of this Fund at the time of that employment, plus 16 (ii) interest thereon calculated at the rate of 4% per annum, 17 compounded annually, from the first date of the employment 18 for which credit is being established under this subsection 19 (b) to the date of payment. 20 (c) A fireman may pay the contributions required for 21 service credit under this Section established on or after 22 July 14,the effective date of this amendatory Act of1995 in 23 the form of payroll deductions, in accordance with such 24 procedures and limitations as may be established by Board 25 rule and any applicable rules or ordinances of the employer. 26 (d) Employer contributions shall be transferred as 27 provided in Sections 6-210.2 and 8-172.1. The employer shall 28 not be responsible for making any additional employer 29 contributions for any credit established under this Section. 30 (Source: P.A. 89-136, eff. 7-14-95.) 31 (40 ILCS 5/6-210.2 new) 32 Sec. 6-210.2. City contributions for paramedics. 33 Municipality credits computed and credited under Article 8 -3- LRB9009442EGfg 1 for all firemen who (1) accumulated service credit in the 2 Article 8 fund for service as a paramedic, (2) have 3 terminated that Article 8 service credit and received a 4 refund of contributions, and (3) are participants in this 5 Article 6 Fund on the effective date of this amendatory Act 6 of 1998 shall be transferred by the Article 8 fund to this 7 Fund, together with interest at the rate of 11% per annum, 8 compounded annually, to the date of the transfer, as provided 9 in Section 8-172.1 of this Code. These city contributions 10 shall be credited to the individual fireman only if he or she 11 pays for prior service as a paramedic in full to this Fund. 12 (40 ILCS 5/8-172) (from Ch. 108 1/2, par. 8-172) 13 Sec. 8-172. Refunds - Transfer of city contributions. 14 Whenever any amount is refunded as provided in Sections 8-168 15 and 8-169, except in the case of a male employee who becomes 16 a widower while in service after he becomes age 65, the 17 amounts to the credit of the male employee from contributions 18 by the city,shall be transferred to the prior service 19 annuity reserve. Thereafter, except as otherwise provided in 20 Section 8-172.1, any such amounts shall become a credit to 21 the city and, with interest thereon at the effective rate, be 22 used to reduce the amount which the city would otherwise pay 23 during a succeeding year. 24 (Source: Laws 1963, p. 161.) 25 (40 ILCS 5/8-172.1 new) 26 Sec. 8-172.1. Transfer of city contributions for 27 paramedics. 28 (a) Municipality credits computed and credited under 29 this Article 8 for all persons who (1) accumulated service 30 credit in this Article 8 fund for service as a paramedic, (2) 31 have terminated that Article 8 service credit and received a 32 refund of contributions, and (3) are participants in the -4- LRB9009442EGfg 1 Article 6 Fund on the effective date of this amendatory Act 2 of 1998 shall be transferred by this Article 8 fund to the 3 Article 6 fund together with interest at the rate of 11% per 4 annum, compounded annually, to the date of transfer. The 5 city shall not be responsible for making any additional 6 employer contributions to the Fund to replace the amounts 7 transferred under this Section. 8 (b) Municipality credits computed and credited under 9 this Article 8 for all persons who (1) accumulated service 10 credit in this Article 8 fund for service as a paramedic, (2) 11 have terminated that Article 8 service credit and received a 12 refund of contributions, and (3) are not participants in the 13 Article 6 Fund on the effective date of this amendatory Act 14 of 1998 shall be used as provided in Section 8-172. 15 Section 90. The State Mandates Act is amended by adding 16 Section 8.22 as follows: 17 (30 ILCS 805/8.22 new) 18 Sec. 8.22. Exempt mandate. Notwithstanding Sections 6 19 and 8 of this Act, no reimbursement by the State is required 20 for the implementation of any mandate created by this 21 amendatory Act of 1998. 22 Section 99. Effective date. This Act takes effect upon 23 becoming law.