093_SB2059

 
                                     BOB093 00130 BLW 00130 b

 1        AN ACT making appropriations.

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

 4                              ARTICLE 1

 5        Section  1.1.  The  following  named  amounts, or so much
 6    thereof as may be necessary, respectively,  are  appropriated
 7    for  the  objects  and purposes hereinafter named to meet the
 8    ordinary and contingent  expenses  of  the  State  Employees'
 9    Retirement System:
10                           FOR OPERATIONS
11                FOR THE SOCIAL SECURITY ENABLING ACT
12      For Personal Services......................... $     44,200
13      For Employee Retirement Contributions
14       Paid by Employer ............................        1,800
15      For State Contributions to the State
16       Employees' Retirement System.................        6,000
17      For State Contributions to
18       Social Security..............................        3,400
19      For Contractual Services......................       19,050
20      For Travel....................................        1,100
21      For Commodities...............................          200
22      For Printing .................................            0
23      For Equipment ................................            0
24      For Electronic Data Processing ...............            0
25      For Telecommunications Services...............          300
26        Total                                             $76,050
27                           CENTRAL OFFICE
28      For Employee Retirement Contributions
29       Paid by Employer for Prior Fiscal Year:
30       Payable from General Revenue Fund...............$   45,000
 
                            -2-      BOB093 00130 BLW 00130 b
 1        Section  1.2.  The  sum  of $15,150,000, minus the amount
 2    transferred  to  the  State  Employees'   Retirement   System
 3    pursuant  to continuing appropriation authorized by the State
 4    Pensions Fund Continuing Appropriation Act,  is  appropriated
 5    from  the State Pensions Fund to the Board of Trustees of the
 6    State Employees' Retirement System pursuant to the provisions
 7    of Section 8.12 of "An Act in  relation  to  State  finance",
 8    approved June 10, 1919, as amended.

 9        Section  1.3.  The  sum  of  $1,420,575,000,  or  so much
10    thereof as may be necessary, is appropriated from the Pension
11    Contribution Fund to the State  Employees  Retirement  System
12    pursuant  to  the  provisions  of  Section  7.2 of "An Act in
13    relation to General Obligation Bonds."

14        Section 2.1.  The sum of $35,032,000, or so much  thereof
15    as may be necessary, is appropriated from the General Revenue
16    Fund  to  the  Board  of  Trustees  of the Judges' Retirement
17    System for the State's Contribution, as provided by law.

18        Section 2.2.  The sum of  $1,530,000,  minus  the  amount
19    transferred  to  the  Judges'  Retirement  System pursuant to
20    continuing appropriation authorized  by  the  State  Pensions
21    Fund  Continuing  Appropriation Act, is appropriated from the
22    State Pensions Fund to the Board of Trustees of  the  Judges'
23    Retirement  System pursuant to the provisions of Section 8.12
24    of "An Act in relation to State finance", approved  June  10,
25    1919, as amended.

26        Section 2.3.  The sum of $143,230,000, or so much thereof
27    as  may  be  necessary,  is  appropriated  from  the  Pension
28    Contribution  Fund  to  the  Board of Trustees of the Judges'
29    Retirement System pursuant to the provisions of  Section  7.2
30    of "An Act in relation to General Obligation Bonds."
 
                            -3-      BOB093 00130 BLW 00130 b
 1        Section  3.1.  The  sum of $5,490,000, or so much thereof
 2    as may be necessary, is appropriated from the General Revenue
 3    Fund to  the  Board  of  Trustees  of  the  General  Assembly
 4    Retirement  System  for the State's Contribution, as provided
 5    by law.

 6        Section 3.2.  The  sum  of  $300,000,  minus  the  amount
 7    transferred   to   the  General  Assembly  Retirement  System
 8    pursuant to continuing appropriation authorized by the  State
 9    Pensions  Fund  Continuing Appropriation Act, is appropriated
10    from the State Pensions Fund to the Board of Trustees of  the
11    General   Assembly   Retirement   System,   pursuant  to  the
12    provisions of Section 8.12 of "An Act in  relation  to  State
13    finance", approved June 10, 1919, as amended.

14        Section  3.3.  The sum of $28,025,000, or so much thereof
15    as  may  be  necessary,  is  appropriated  from  the  Pension
16    Contribution Fund to the Board of  Trustees  of  the  General
17    Assembly  Retirement  System  pursuant  to  the provisions of
18    Section 7.2 of "An Act  in  relation  to  General  Obligation
19    Bonds."

20        Section  4.1.   The  following  named  amount, or so much
21    thereof as may be necessary,  respectively,  is  appropriated
22    from  the  General  Revenue  Fund to the Teachers' Retirement
23    System for the objects and purposes hereinafter named:
24    For additional costs due to the establishment
25       of minimum retirement allowances
26       pursuant to Sections 16-136.2 and
27       16-136.3 of the "Illinois
28       Pension Code", as amended....................   $3,400,000
29        Total                                          $3,400,000

30        Section 4.1a.  The sum of $47,360,000, minus  the  amount
 
                            -4-      BOB093 00130 BLW 00130 b
 1    transferred  to  the  Teachers' Retirement System pursuant to
 2    continuing appropriation authorized  by  the  State  Pensions
 3    Fund  Continuing  Appropriation Act, is appropriated from the
 4    State Pensions Fund to the Board of Trustees of the Teachers'
 5    Retirement System pursuant to the provisions of Section  8.12
 6    of  "AN  ACT in relation to State finance", approved June 10,
 7    1919, as amended.

 8        Section 4.1b.  The sum  of  $4,439,890,000,  or  so  much
 9    thereof as may be necessary, is appropriated from the Pension
10    Contribution  Fund  to the Board of Trustees of the Teachers'
11    Retirement System pursuant to the provisions of  Section  7.2
12    of "An Act in relation to General Obligation Bonds."

13        Section  5.1.  The  sum of $50,000, or so much thereof as
14    may be  necessary,  is  appropriated  to  the  Public  School
15    Teachers'   Pension  and  Retirement  Fund  of  Chicago,  for
16    supplementary payments  as  set  forth  in  Sections  17-154,
17    17-155  and  17-156  of the "Illinois Pension Code", approved
18    March 18, 1963, as amended.

19        Section 6.1.  The sum of $15,660,000,  minus  the  amount
20    transferred  to  the  State  Universities  Retirement  System
21    pursuant  to continuing appropriation authorized by the State
22    Pensions Fund Continuing Appropriation Act,  is  appropriated
23    from  the State Pensions Fund to the Board of Trustees of the
24    State Universities Retirement System of Illinois pursuant  to
25    the  provisions  of  Section  8.12  of "AN ACT in relation to
26    State finance", approved June 10, 1919, as amended.

27        Section 6.2.  The  sum  of  $1,468,280,000,  or  so  much
28    thereof as may be necessary, is appropriated from the Pension
29    Contribution  Fund  to  the  Board  of  Trustees of the State
30    Universities Retirement System pursuant to the provisions  of
 
                            -5-      BOB093 00130 BLW 00130 b
 1    Section  7.2  of  "An  Act  in relation to General Obligation
 2    Bonds."

 3        Section 99.  Effective date.  This Act  takes  effect  on
 4    July 1, 2003.