Illinois General Assembly - Bill Status for HB1374

Amends the State Employees Group Insurance Act of 1971. Adds and excludes certain classes of persons from the definition of "community college benefit recipient". Provides, beginning July 1, 2012, (i) that the program of health benefits for community college benefit recipients and community college dependent beneficiaries shall include health benefits for community college benefit recipients and community college dependent beneficiaries subject to Article VII of the Public Community College Act and (ii) that those persons and the employers of those persons shall pay the required contributions. Increases the required contribution to be paid by contributors to the State Universities Retirement System and their employers. Provides that a community college district subject to Article VII of the Public Community College Act shall contribute (i) $10 million toward the cost of these health benefits by March 30, 2012 and (ii) an additional amount on or before September 1, 2012. Requires the Board of Trustees of the State Universities Retirement System to recertify its estimate of the total amount of contributions to be contributed for these benefits, taking into account the changes made by the amendatory Act. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

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