(40 ILCS 5/8-164.2)
Payments to board of education for group health benefits.
(a) Should the Board of Education continue to sponsor a retiree health
plan, the board is authorized to pay to the Board of Education, on behalf of
each eligible annuitant who chooses to participate in the Board of Education's
retiree health benefit plan, the following amounts:
(1) From July 1, 2003 through June 30, 2008, $85 per
month for each such annuitant who is not eligible to receive Medicare benefits and $55 per month for each such annuitant who is eligible to receive Medicare benefits.
(2) Beginning July 1, 2008 and until such time as the
city no longer provides a health care plan for such annuitants or December 31, 2016, whichever comes first, $95 per month for each such annuitant who is not eligible to receive Medicare benefits and $65 per month for each such annuitant who is eligible to receive Medicare benefits.
The payments described in this subsection shall be paid from the tax levy
authorized under Section 8-173; such amounts shall be credited to the reserve
for group hospital care and group medical and surgical plan benefits, and all
payments to the Board of Education under this subsection shall be charged
(b) The Board of Education health benefit plan referred to in this Section
and the board's payments to the Board of Education under this Section are
not and shall not be construed to be pension or retirement benefits for the
purposes of Section 5 of Article XIII of the Illinois Constitution of 1970.
(Source: P.A. 98-43, eff. 6-28-13.)