State of Illinois
91st General Assembly
Legislation

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[ Introduced ][ House Amendment 001 ]

91_HB1064eng

 
HB1064 Engrossed                               LRB9104820NTsb

 1        AN ACT making appropriations.

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

 4        Section 5.  The amount of $29,175,000 or so much of  that
 5    amount  as may be necessary, is appropriated from the General
 6    Revenue Fund to the Teachers' Retirement System of the  State
 7    of  Illinois for transfer into the Teachers' Health Insurance
 8    Security Fund  as  the  State's  contribution  for  teachers'
 9    health benefits.

10        Section 10.  The following amounts, or so much thereof as
11    may   be   necessary,   are  appropriated  to  the  Teachers'
12    Retirement System of the State of Illinois  for  the  State's
13    contribution, as provided by law:

14    Payable from the General Revenue Fund .........  $52,412,400
15    Payable from the Common School Fund ........... $526,026,600
16        Total, this Section ....................... $578,439,000

17        Section  15.  The  sum  of  $55,600,000, minus the amount
18    transferred to the Teachers' Retirement System of  the  State
19    of   Illinois   pursuant   to  the  continuing  appropriation
20    authorized   by   the   State   Pensions   Fund    Continuing
21    Appropriations  Act,  is appropriated from the State Pensions
22    Fund to the Board of Trustees  of  the  Teachers'  Retirement
23    System of the State of Illinois pursuant to the provisions of
24    Section 8.12 of the State Finance Act.

25        Section  20.  The  following  named  amounts,  or so much
26    thereof as may be necessary, respectively,  are  appropriated
27    from  the  General  Revenue  Fund to the Teachers' Retirement
28    System of the State of Illinois for the objects and  purposes
 
HB1064 Engrossed            -2-                LRB9104820NTsb
 1    hereinafter named:

 2    For supplemental benefits pursuant to
 3      Sections 16-135 and 16-149.4 of the Pension
 4      Code ........................................      $35,000
 5    For additional costs due to the establishment
 6      of minimum benefits under Sections 16-136.2
 7      and 136.3 of the Pension Code ...............   $6,000,000
 8        Total, this Section .......................   $6,035,000

 9        Section  99.  Effective Date.  This Act takes effect July
10    1, 1999.

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