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Public Act 094-0425
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| HB3740 Enrolled |
LRB094 11363 EFG 42228 b |
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AN ACT concerning public employee benefits.
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Be it enacted by the People of the State of Illinois,
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represented in the General Assembly:
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Section 5. The Illinois Pension Code is amended by adding |
Section 17-151.1 as follows:
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(40 ILCS 5/17-151.1 new) |
Sec. 17-151.1. Recovery of amount paid in error. |
(a) The Board may retain out of any annuity or benefit |
payable to any person any amount that the Board determines is |
owing to the Fund because (i) required employee contributions |
were not made in whole or in part, (ii) employee or member |
obligations to return refunds were not met, or (iii) money was |
paid to any employee, member, or annuitant through |
misrepresentation, fraud, or error. |
(b) The Board and the Fund shall be held free from any |
liability for any money retained or paid in accordance with |
this Section, and the employee, member, or pensioner shall be |
assumed to have assented and agreed to the disposition of money |
due. |
(c) The changes made by this amendatory Act of the 94th |
General Assembly are not limited to persons in service on or |
after the effective date of this amendatory Act.
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Section 99. Effective date. This Act takes effect upon |
becoming law.
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