91st General Assembly
Status of HB0412
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 Full Text  Bill Summary

   40 ILCS 5/7-199.4 new                                                       
   30 ILCS 805/8.23 new                                                        

        Amends the Illinois Municipal Retirement Fund (IMRF) Article of        
   the Illinois Pension Code to provide a program of group health              
   benefits for retired employees and their dependents and survivors.          
   Provides for the fund to defray part of the cost of participation.          
   Requires active employees to contribute 1.0% of earnings toward the         
   cost of the program. Requires employers to contribute 1.25% of              
   payroll. Includes a transitional subsidy program to subsidize the cost      
   participation of certain annuitants who have contributed for less than      
   48 months. Amends the State Mandates Act to require implementation          
   without reimbursement. Effective immediately.                               
          PENSION NOTE (Pension Laws Commission)                               
          Fiscal impact has not been calculated. Contributions rates           
          would increase for employers by 1.25% of payroll, and for            
          employees by 1% of salary.                                           
   99-02-01  H  FILED WITH CLERK                                               
   99-02-02  H  FIRST READING                                                  
   99-02-02  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   99-02-03  H       ASSIGNED TO COMMITTEE               PERS PENSION          
   99-02-09  H                        PENSION NOTE FILED                       
   99-02-09  H                   COMMITTEE               PERS PENSION          
   99-03-05  H  RE-REFERRED TO RULES COMM/RULE 19(A)     RULES         HRUL    
   01-01-09  H  SESSION SINE DIE                                               


 Full Text  Bill Summary