|Public Act 094-0724
||LRB094 03932 AMC 33947 b
AN ACT concerning public employee benefits.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
The Illinois Pension Code is amended by adding
17-130.3 as follows:
(40 ILCS 5/17-130.3 new)
Election of medicare coverage.
(a) The Fund shall conduct a divided medicare coverage
to teachers continuously employed by the same
employer since March 31, 1986.
The referendum shall be
conducted in accordance with the applicable provisions
federal law and Article 21 of this Code.
(b) As used in this Section and in compliance with federal
"referendum" means the process whereby teachers are
granted the opportunity
to make an irrevocable individual
election to participate in the medicare
program on a
(c) Employers shall pay the necessary employer
contributions and make the
necessary deductions from salary for
teachers who elect to participate in the
program under this Section, as required by the System, Article
21 of this Code, and federal law.
The State Mandates Act is amended by adding
Section 8.29 as
(30 ILCS 805/8.29 new)
Notwithstanding Sections 6 and 8
Act, no reimbursement by the State is required for the
any mandate created by this amendatory Act of
the 94th General Assembly.
This Act takes effect upon