093_HB1269

 
                                     LRB093 08182 EFG 08389 b

 1        AN ACT in relation to public employee benefits.

 2        Be  it  enacted  by  the People of the State of Illinois,
 3    represented in the General Assembly:

 4        Section 5.  The  Illinois  Pension  Code  is  amended  by
 5    changing Section 17-142.1 as follows:

 6        (40 ILCS 5/17-142.1) (from Ch. 108 1/2, par. 17-142.1)
 7        Sec.  17-142.1.  To  defray  health  insurance costs.  To
 8    provide for the partial  reimbursement  of  health  insurance
 9    costs.
10        (1)  On   the  first  day  of  September  of  each  year,
11    beginning in 1988, the Board may, by separate warrant, pay to
12    each recipient of a service retirement, disability retirement
13    or survivor's pension an  amount  to  be  determined  by  the
14    Board,  which  shall  represent partial reimbursement for the
15    cost of the recipient's health insurance coverage.
16        (2)  In  lieu  of  the  annual  payment   authorized   in
17    subdivision  (1),  for  pensioners  enrolled  in  the  Fund's
18    regular  health  care  deduction  plans, the Fund may pay the
19    health insurance premium reimbursement on  a  monthly  rather
20    than  annual  basis,  at the percentage rate established from
21    time to time by the Board.  If the Board  so  directs,  these
22    monthly  payments may be made in the form of a direct payment
23    of premium and a reduction in the amount  deducted  from  the
24    annuity, rather than in the form of reimbursement by separate
25    warrant.
26        (3)  Total  payments  under  this Section in any year may
27    not exceed $65,000,000 $40,000,000 plus any amount  that  was
28    authorized  to  be  paid  under this Section in the preceding
29    year but was not actually paid by the  Board,  including  any
30    interest earned thereon.
31    (Source: P.A. 90-566, eff. 1-2-98; 91-852, eff. 6-22-00.)
 
                            -2-      LRB093 08182 EFG 08389 b
 1        Section  90.  The State Mandates Act is amended by adding
 2    Section 8.27 as follows:

 3        (30 ILCS 805/8.27 new)
 4        Sec. 8.27. Exempt mandate.   Notwithstanding  Sections  6
 5    and  8 of this Act, no reimbursement by the State is required
 6    for  the  implementation  of  any  mandate  created  by  this
 7    amendatory Act of the 93rd General Assembly.

 8        Section 99.  Effective date.  This Act takes effect  upon
 9    becoming law.