92nd General Assembly
Summary of HB2367
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House Sponsors:
SMITH,MICHAEL-BOLAND AND STROGER.

Senate Sponsors:
LUECHTEFELD

Short description: 
PEN CD-ST SYSTEMS-REMARRIAGE                                               

Synopsis of Bill as introduced:
        Amends the Illinois Pension Code.  In the Articles governing  the      
   State-funded   retirement   systems,   restores  benefits  to  certain      
   surviving spouses whose  pensions  were  terminated  upon  remarriage.      
   Effective immediately.                                                      
          PENSION NOTE (Pension Laws Commission)                               
          The fiscal impact of HB 2367 is expected to be small as few          
          surviving spouses would be eligible.                                 
        HOUSE AMENDMENT NO. 1.                                                 
          Deletes reference to:                                                
          40 ILCS 5/2-121                 from Ch. 108 1/2, par. 2-121         
          40 ILCS 5/14-120                from Ch. 108 1/2, par. 14-120        
          40 ILCS 5/14-128                from Ch. 108 1/2, par. 14-128        
          40 ILCS 5/15-145                from Ch. 108 1/2, par. 15-145        
          40 ILCS 5/16-143                from Ch. 108 1/2, par. 16-143        
          40 ILCS 5/18-128                from Ch. 108 1/2, par. 18-128        
          Adds reference to:                                                   
          40 ILCS 5/7-146                 from Ch. 108 1/2, par. 7-146         
          40 ILCS 5/7-151                 from Ch. 108 1/2, par. 7-151         
          40 ILCS 5/7-152                 from Ch. 108 1/2, par. 7-152         
          40 ILCS 5/7-166                 from Ch. 108 1/2, par. 7-166         
          40 ILCS 5/7-172                 from Ch. 108 1/2, par. 7-172         
          30 ILCS 805/8.25 new                                                 
        Deletes everything.  Amends  the  Illinois  Municipal  Retirement      
   Fund  (IMRF)  Article  of  the Pension Code.  Removes the pre-existing      
   condition limitation on  temporary  disability  benefits  for  persons      
   whose  date  of  disability  is  after December 31, 2001.  Extends the      
   duration of certain disability  benefits  to  the  age  at  which  the      
   recipient   becomes  eligible  for  a  full  Social  Security  old-age      
   insurance benefit.  Authorizes the payment of a separation benefit  to      
   a  person  who is entitled to a retirement annuity, but wishes instead      
   to use the amounts to his or her credit in the Fund to purchase credit      
   in another retirement plan.  Changes the amortization period  used  in      
   calculating  certain  employer  contributions,  from  40  years to the      
   period  that  is  allowable  under   generally   accepted   accounting      
   principles.   Amends  the State Mandates Act to require implementation      
   without reimbursement.  Effective immediately.                              
        HOUSE AMENDMENT NO. 2.                                                 
          Adds reference to:                                                   
          40 ILCS 5/7-132                 from Ch. 108 1/2, par. 7-132         
        Authorizes participation in the Fund by employees of the Illinois      
   Municipal Gas Agency.                                                       
        SENATE AMENDMENT NO. 1.                                                
          Adds reference to:                                                   
          40 ILCS 5/7-139                 from Ch. 108 1/2, par. 7-139         
          40 ILCS 5/15-148                from Ch. 108 1/2, par. 15-148        
          40 ILCS 5/15-154                from Ch. 108 1/2, par. 15-154        
        Replaces everything after the enacting clause with the provisions      
   of the engrossed  bill,  plus  the  following  additional  provisions:      
   Authorizes  participation  in  the  Fund by employees of the Kaskaskia      
   Regional Port  District  and  the  Southwestern  Illinois  Development      
   Authority.   Provides  that  a  current or former elected or appointed      
   official of a participating municipality may establish credit for more      
   than 50 months of that service, with the approval of the municipality.      
   Amends the State Universities Article of the  Illinois  Pension  Code.      
   Provides  that  a  person  who  was  a  participant in the System from      
   February 14, 1966 until March 13, 1981 may restore credits  previously      
   forfeited  by acceptance of a refund, without returning to service, by      
   applying in writing and repaying to the System by  July  1,  2002  the      
   amount  of  the  refund  plus interest calculated from the date of the      
   refund to the date of repayment.  Removes a restriction on the  number      
   of benefits that may be claimed by a beneficiary with a disability.         
 
Last action on Bill: PUBLIC ACT.............................. 92-0424

   Last action date: AUG-17-2001

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   2     SENATE -   1


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