(40 ILCS 5/17-130.3)
Election of medicare coverage.
(a) The Fund shall conduct a divided medicare coverage referendum, open
to teachers continuously employed by the same employer since March 31, 1986.
The referendum shall be conducted in accordance with the applicable provisions
of federal law and Article 21 of this Code.
(b) As used in this Section and in compliance with federal law,
"referendum" means the process whereby teachers are granted the opportunity
to make an irrevocable individual election to participate in the medicare
program on a prospective basis.
(c) Employers shall pay the necessary employer contributions and make the
necessary deductions from salary for teachers who elect to participate in the
federal medicare program under this Section, as required by the System, Article
21 of this Code, and federal law.
(Source: P.A. 94-724, eff. 1-20-06.)