093_HB3759ham001

 










                                     HDS093 00069 TWH 00069 a

 1                    AMENDMENT TO HOUSE BILL 3759

 2        AMENDMENT NO.     .  Amend House Bill 3759,  by  deleting
 3    everything  after  the  enacting clause and inserting in lieu
 4    thereof the following:

 5                             "ARTICLE 1

 6        Section 5.  The  following  named  amounts,  or  so  much
 7    thereof  as  may be necessary, respectively, are appropriated
 8    for the objects and purposes hereinafter named  to  meet  the
 9    ordinary  and  contingent  expenses  of  the State Employees'
10    Retirement System:
11                           FOR OPERATIONS
12                FOR THE SOCIAL SECURITY ENABLING ACT
13      For Personal Services......................... $     44,200
14      For Employee Retirement Contributions
15       Paid by Employer ............................        1,800
16      For State Contributions to the State
17       Employees' Retirement System.................        6,000
18      For State Contributions to
19       Social Security..............................        3,400
20      For Contractual Services......................       19,050
21      For Travel....................................        1,100
22      For Commodities...............................          200
 
                            -2-      HDS093 00069 TWH 00069 a
 1      For Printing .................................            0
 2      For Equipment ................................            0
 3      For Electronic Data Processing ...............            0
 4      For Telecommunications Services...............          300
 5        Total                                             $76,050
 6                           CENTRAL OFFICE
 7      For Employee Retirement Contributions
 8       Paid by Employer for Prior Fiscal Year:
 9       Payable from General Revenue Fund...............$   45,000

10        Section 10.  The sum of  $15,150,000,  minus  the  amount
11    transferred   to   the  State  Employees'  Retirement  System
12    pursuant to continuing appropriation authorized by the  State
13    Pensions  Fund  Continuing Appropriation Act, is appropriated
14    from the State Pensions Fund to the Board of Trustees of  the
15    State Employees' Retirement System pursuant to the provisions
16    of  Section  8.12  of  "An Act in relation to State finance",
17    approved June 10, 1919, as amended.

18        Section  15.  The  sum  of  $1,420,575,000,  or  so  much
19    thereof as may be necessary, is appropriated from the Pension
20    Contribution Fund to the State  Employees  Retirement  System
21    pursuant  to  the  provisions  of  Section  7.2 of "An Act in
22    relation to General Obligation Bonds."

23        Section 20.  The sum of $35,032,000, or so  much  thereof
24    as may be necessary, is appropriated from the General Revenue
25    Fund  to  the  Board  of  Trustees  of the Judges' Retirement
26    System for the State's Contribution, as provided by law.

27        Section 25.  The sum  of  $1,530,000,  minus  the  amount
28    transferred  to  the  Judges'  Retirement  System pursuant to
29    continuing appropriation authorized  by  the  State  Pensions
30    Fund  Continuing  Appropriation Act, is appropriated from the
 
                            -3-      HDS093 00069 TWH 00069 a
 1    State Pensions Fund to the Board of Trustees of  the  Judges'
 2    Retirement  System pursuant to the provisions of Section 8.12
 3    of "An Act in relation to State finance", approved  June  10,
 4    1919, as amended.

 5        Section  30.  The sum of $143,230,000, or so much thereof
 6    as  may  be  necessary,  is  appropriated  from  the  Pension
 7    Contribution Fund to the Board of  Trustees  of  the  Judges'
 8    Retirement  System  pursuant to the provisions of Section 7.2
 9    of "An Act in relation to General Obligation Bonds."

10        Section 35.  The sum of $5,490,000, or so much thereof as
11    may be necessary, is appropriated from  the  General  Revenue
12    Fund  to  the  Board  of  Trustees  of  the  General Assembly
13    Retirement System for the State's Contribution,  as  provided
14    by law.

15        Section  40.  The  sum  of  $300,000,  minus  the  amount
16    transferred   to   the  General  Assembly  Retirement  System
17    pursuant to continuing appropriation authorized by the  State
18    Pensions  Fund  Continuing Appropriation Act, is appropriated
19    from the State Pensions Fund to the Board of Trustees of  the
20    General   Assembly   Retirement   System,   pursuant  to  the
21    provisions of Section 8.12 of "An Act in  relation  to  State
22    finance", approved June 10, 1919, as amended.

23        Section  45.  The  sum of $28,025,000, or so much thereof
24    as  may  be  necessary,  is  appropriated  from  the  Pension
25    Contribution Fund to the Board of  Trustees  of  the  General
26    Assembly  Retirement  System  pursuant  to  the provisions of
27    Section 7.2 of "An Act  in  relation  to  General  Obligation
28    Bonds."

29        Section  50.   The  following  named  amount,  or so much
 
                            -4-      HDS093 00069 TWH 00069 a
 1    thereof as may be necessary,  respectively,  is  appropriated
 2    from  the  General  Revenue  Fund to the Teachers' Retirement
 3    System for the objects and purposes hereinafter named:
 4    For additional costs due to the establishment
 5       of minimum retirement allowances
 6       pursuant to Sections 16-136.2 and
 7       16-136.3 of the "Illinois
 8       Pension Code", as amended....................   $3,400,000
 9        Total                                          $3,400,000

10        Section 55.  The sum of  $47,360,000,  minus  the  amount
11    transferred  to  the  Teachers' Retirement System pursuant to
12    continuing appropriation authorized  by  the  State  Pensions
13    Fund  Continuing  Appropriation Act, is appropriated from the
14    State Pensions Fund to the Board of Trustees of the Teachers'
15    Retirement System pursuant to the provisions of Section  8.12
16    of  "AN  ACT in relation to State finance", approved June 10,
17    1919, as amended.

18        Section  60.  The  sum  of  $4,439,890,000,  or  so  much
19    thereof as may be necessary, is appropriated from the Pension
20    Contribution Fund to the Board of Trustees of  the  Teachers'
21    Retirement  System  pursuant to the provisions of Section 7.2
22    of "An Act in relation to General Obligation Bonds."

23        Section 65.  The sum of $50,000, or so  much  thereof  as
24    may  be  necessary,  is  appropriated  to  the  Public School
25    Teachers'  Pension  and  Retirement  Fund  of  Chicago,   for
26    supplementary  payments  as  set  forth  in  Sections 17-154,
27    17-155 and 17-156 of the "Illinois  Pension  Code",  approved
28    March 18, 1963, as amended.

29        Section  70.  The  sum  of  $15,660,000, minus the amount
30    transferred  to  the  State  Universities  Retirement  System
 
                            -5-      HDS093 00069 TWH 00069 a
 1    pursuant to continuing appropriation authorized by the  State
 2    Pensions  Fund  Continuing Appropriation Act, is appropriated
 3    from the State Pensions Fund to the Board of Trustees of  the
 4    State  Universities Retirement System of Illinois pursuant to
 5    the provisions of Section 8.12 of  "AN  ACT  in  relation  to
 6    State finance", approved June 10, 1919, as amended.

 7        Section  75.  The  sum  of  $1,468,280,000,  or  so  much
 8    thereof as may be necessary, is appropriated from the Pension
 9    Contribution  Fund  to  the  Board  of  Trustees of the State
10    Universities Retirement System pursuant to the provisions  of
11    Section  7.2  of  "An  Act  in relation to General Obligation
12    Bonds."

13                              ARTICLE 2

14        Section 5.  The sum of $3,101,100, or so much thereof  as
15    may  be  necessary,  is appropriated to the Community College
16    Health Insurance Security Fund for the State's  contribution,
17    as required by law.

18        Section  10.  The following amounts or so much thereof as
19    may be necessary, respectively, are appropriated to the Board
20    of Trustees of the State Universities Retirement  System  for
21    the State's contribution, as provided by law:
22    Payable from the Common School Fund .............$250,000,000
23    Payable from the General Revenue FUnd ...........  46,080,000
24        Total                                        $296,080,000

25        Section  99.   Effective  date.  This Act takes effect on
26    July 1, 2003.