95TH GENERAL ASSEMBLY
State of Illinois
2007 and 2008
HB0692


 
Introduced 2/6/2007, by Rep. Michael P. McAuliffe - Angelo Saviano - John D'Amico - Joseph M. Lyons
 
SYNOPSIS AS INTRODUCED:
 		














40 ILCS 5/8-164.1
  from Ch. 108 1/2, par. 8-164.1







    Amends the Illinois Pension Code. Makes a technical change in Section concerning payments to the City of Chicago for participation in the City of Chicago's health care plans.
















LRB095 04384 AMC 24429 b

















PENSION IMPACT NOTE ACT MAY APPLY
















 


 


A BILL FOR









 











HB0692

LRB095 04384 AMC 24429 b






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    AN ACT concerning public employee benefits.

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


 
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    Section 5. The Illinois Pension Code is amended  by changing 
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Section 8-164.1 as follows:
 



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    (40 ILCS 5/8-164.1)  (from Ch. 108 1/2, par. 8-164.1)



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    Sec. 8-164.1. Payments to city. 

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    (a) For the
the purposes of this Section, "city annuitant" 
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means a person
receiving an age and service annuity, a widow's 
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annuity, a child's annuity, or
a minimum annuity under this 
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Article as a direct result of previous employment
by the City 
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of Chicago ("the city").

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    (b) The board shall pay to the city, on behalf of the 
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board's city
annuitants who participate in any of the city's 
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health care plans, the
following amounts:


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        (1) From July 1, 2003 through June 30, 2008, $85 per 
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    month for each such
annuitant who is not eligible to 
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    receive Medicare benefits and $55 per month
for each such 
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    annuitant who is eligible to receive Medicare benefits.


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        (2) From July 1, 2008 through June 30, 2013, $95 per 
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    month for each such
annuitant who is not eligible to 
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    receive Medicare benefits and $65 per month
for each such 
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    annuitant who is eligible to receive Medicare benefits.

 


 






HB0692
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LRB095 04384 AMC 24429 b




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    The payments described in this subsection shall be paid 
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from the tax levy
authorized under Section 8-173; such amounts 
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shall be credited to the reserve
for group hospital care and 
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group medical and surgical plan benefits, and all
payments to 
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the city required under this subsection shall be charged 
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against
it.

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    (c) The city health care plans referred to in this Section 
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and the board's
payments to the city under this Section are not 
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and shall not be construed to
be pension or retirement benefits 
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for the purposes of Section 5 of Article XIII
of the Illinois 
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Constitution of 1970.

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(Source: P.A. 92-599, eff. 6-28-02; 93-42, eff. 7-1-03.)