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91_SB1697
LRB9113158EGfg
1 AN ACT in relation to 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
5 changing 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
8 provide for the partial reimbursement of health insurance
9 costs.
10 (1) On the first day of September of each year,
11 beginning in 1988, the Board may, by separate warrant, pay to
12 each recipient of a service retirement, disability retirement
13 or survivor's pension an amount to be determined by the
14 Board, which shall represent partial reimbursement for the
15 cost of the recipient's health insurance coverage.
16 (2) In lieu of the annual payment authorized in
17 subdivision (1), for pensioners enrolled in the Fund's
18 regular health care deduction plans, the Fund may pay the
19 health insurance premium reimbursement on a monthly rather
20 than annual basis, at the percentage rate established from
21 time to time by the Board. If the Board so directs, these
22 monthly payments may be made in the form of a direct payment
23 of premium and a reduction in the amount deducted from the
24 annuity, rather than in the form of reimbursement by separate
25 warrant.
26 (3) Total payments under this Section in any year may
27 not exceed $40,000,000 $25,000,000 plus any amount that was
28 authorized to be paid under this Section in the preceding
29 year but was not actually paid by the Board.
30 (Source: P.A. 90-566, eff. 1-2-98.)
-2- LRB9113158EGfg
1 Section 90. The State Mandates Act is amended by adding
2 Section 8.24 as follows:
3 (30 ILCS 805/8.24 new)
4 Sec. 8.24. Exempt mandate. Notwithstanding Sections 6
5 and 8 of this Act, no reimbursement by the State is required
6 for the implementation of any mandate created by this
7 amendatory Act of the 91st General Assembly.
8 Section 99. Effective date. This Act takes effect upon
9 becoming law.