SB1281 - 104th General Assembly
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| 1 | AN ACT concerning 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 adding | |||||||||||||||||||||||
| 5 | Sections 3-144.3 and 4-138.15 as follows: | |||||||||||||||||||||||
| 6 | (40 ILCS 5/3-144.3 new) | |||||||||||||||||||||||
| 7 | Sec. 3-144.3. Retirement Systems Reciprocal Act. The | |||||||||||||||||||||||
| 8 | Retirement Systems Reciprocal Act, Article 20 of this Code, is | |||||||||||||||||||||||
| 9 | adopted and made a part of this Article, but only with respect | |||||||||||||||||||||||
| 10 | to a person who, on or after the effective date of this | |||||||||||||||||||||||
| 11 | amendatory Act of the 104th General Assembly, is entitled | |||||||||||||||||||||||
| 12 | under this Article to begin receiving a retirement annuity or | |||||||||||||||||||||||
| 13 | survivor's annuity (as those terms are defined in Article 20) | |||||||||||||||||||||||
| 14 | and who elects to proceed under the Retirement Systems | |||||||||||||||||||||||
| 15 | Reciprocal Act. | |||||||||||||||||||||||
| 16 | (40 ILCS 5/4-138.15 new) | |||||||||||||||||||||||
| 17 | Sec. 4-138.15. Retirement Systems Reciprocal Act. The | |||||||||||||||||||||||
| 18 | Retirement Systems Reciprocal Act, Article 20 of this Code, is | |||||||||||||||||||||||
| 19 | adopted and made a part of this Article, but only with respect | |||||||||||||||||||||||
| 20 | to a person who, on or after the effective date of this | |||||||||||||||||||||||
| 21 | amendatory Act of the 104th General Assembly, is entitled | |||||||||||||||||||||||
| 22 | under this Article to begin receiving a retirement annuity or | |||||||||||||||||||||||
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| 1 | survivor's annuity (as those terms are defined in Article 20) | ||||||
| 2 | and who elects to proceed under the Retirement Systems | ||||||
| 3 | Reciprocal Act. | ||||||
| 4 | Section 90. The State Mandates Act is amended by adding | ||||||
| 5 | Section 8.49 as follows: | ||||||
| 6 | (30 ILCS 805/8.49 new) | ||||||
| 7 | Sec. 8.49. Exempt mandate. Notwithstanding Sections 6 and | ||||||
| 8 | 8 of this Act, no reimbursement by the State is required for | ||||||
| 9 | the implementation of any mandate created by this amendatory | ||||||
| 10 | Act of the 104th General Assembly. | ||||||
