(40 ILCS 5/3-124.2)
(from Ch. 108 1/2, par. 3-124.2)
Deduction for group plans.
If a municipality sponsors
a group hospital and medical plan which includes retired police officers
and their spouses, upon written request of a retired police officer, deductions
shall be made from the pension payments of the officer in the amounts which
the officer is required to contribute toward the group plan in order to
obtain such coverage.
Whenever continued group insurance coverage is elected in accordance
with the provisions of Section 367g of the Illinois Insurance Code, as now
or hereafter amended, the total monthly premium for such continued group
insurance coverage or such portion thereof as is not paid
by the municipality
shall, upon request of the person electing such
continued group insurance coverage, be deducted from any monthly pension
benefit otherwise payable to such person pursuant to this Article, to be
remitted by the pension fund making such deduction to the insurance company
or other entity providing the group insurance coverage.
(Source: P.A. 84-1010.)