(40 ILCS 5/7-170)
(from Ch. 108 1/2, par. 7-170)
Federal Social Security coverage.
(a) It is declared to be the policy and purpose to extend to covered
employees as defined in Section 7-138, the benefits of the Federal Old
Age and Survivors Insurance System as authorized by the Federal Social
Security Act and amendments thereto. To effect this, the board shall
take such action as may be required by applicable State and Federal laws
(b) The board shall execute an agreement with the State Agency to
secure coverage of covered employees as provided in paragraph (a) of
(c) Each participating municipality and each participating instrumentality
shall remit payment of contributions for Social Security purposes on behalf
of covered employees and covered municipalities and participating
as required by applicable State and federal laws and regulations.
(d) Contributions of covered employees for Federal
Social Security purposes shall be paid in such
amounts and at such time as required by applicable State and federal laws and regulations.
(f) The board shall maintain such records and submit such reports as may
be required by applicable State and Federal laws or regulations.
(Source: P.A. 96-1084, eff. 7-16-10; 97-933, eff. 8-10-12.)