95TH GENERAL ASSEMBLY
State of Illinois
2007 and 2008
SB0785


 
Introduced 2/8/2007, by Sen. Ira I. Silverstein - Emil Jones, Jr.
 
SYNOPSIS AS INTRODUCED:
 		















30 ILCS 105/14.1  from Ch. 127, par. 150.1







    Amends the State Finance Act. Makes a technical change in a Section concerning the State
Employees' Retirement System.
















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A BILL FOR









 











SB0785

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    AN ACT concerning finance.

 
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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 State Finance Act is amended by changing 
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Section 14.1 as follows:
 



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    (30 ILCS 105/14.1)
  (from Ch. 127, par. 150.1)



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    Sec. 14.1. Appropriations for State contributions to the

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the State
Employees' Retirement System; payroll requirements.
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    (a) Appropriations for State contributions to the State

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Employees' Retirement System of Illinois shall be expended in 
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the manner
provided in this Section.
Except as otherwise 
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provided in subsection (a-1),
 at the time of each payment of 
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salary to an
employee under the personal services line item, 
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payment shall be made to
the State Employees' Retirement 
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System, from the amount appropriated for
State contributions to 
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the State Employees' Retirement System, of an amount
calculated 
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at the rate certified for the applicable fiscal year by the

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Board of Trustees of the State Employees' Retirement System 
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under Section
14-135.08 of the Illinois Pension Code.  If a line 
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item appropriation to an
employer for this purpose is exhausted 
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or is unavailable due to any limitation on appropriations that 
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may apply, (including, but not limited to, limitations on 
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appropriations from the Road Fund under Section 8.3 of the 
 


 






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State Finance Act), the amounts shall be
paid under the 
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continuing appropriation for this purpose contained in the 
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State
Pension Funds Continuing Appropriation Act.

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    (a-1) Beginning on the effective date of this amendatory 
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Act of the 93rd
General Assembly through the payment of the 
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final payroll from fiscal
year 2004 appropriations, 
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appropriations for State contributions to the
State Employees' 
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Retirement System of Illinois shall be expended in the
manner 
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provided in this subsection (a-1). At the time of each payment 
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of
salary to an employee under the personal services line item 
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from a fund
other than the General Revenue Fund, payment shall 
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be made for deposit
into the General Revenue Fund from the 
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amount appropriated for State
contributions to the State 
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Employees' Retirement System of an amount
calculated at the 
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rate certified for fiscal year 2004 by the Board of
Trustees of 
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the State Employees' Retirement System under Section
14-135.08 
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of the Illinois Pension Code. This payment shall be made to
the 
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extent that a line item appropriation to an employer for this 
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purpose is
available or unexhausted. No payment from 
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appropriations for State
contributions shall be made in 
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conjunction with payment of salary to an
employee under the 
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personal services line item from the General Revenue
Fund.

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    (b) Except during the period beginning on the effective 
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date of this
amendatory
Act of the 93rd General Assembly and 
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ending at the time of the payment of the
final payroll from 
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fiscal year 2004 appropriations, the State Comptroller
shall 
 


 






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not approve for payment any payroll
voucher that (1) includes 
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payments of salary to eligible employees in the
State 
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Employees' Retirement System of Illinois and (2) does not 
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include the
corresponding payment of State contributions to 
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that retirement system at the
full rate certified under Section 
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14-135.08 for that fiscal year for eligible
employees, unless 
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the balance in the fund on which the payroll voucher is drawn

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is insufficient to pay the total payroll voucher, or 
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unavailable due to any limitation on appropriations that may 
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apply, including, but not limited to, limitations on 
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appropriations from the Road Fund under Section 8.3 of the 
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State Finance Act.  If the State Comptroller
approves a payroll 
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voucher under this Section for which the fund balance is

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insufficient to pay the full amount of the required State 
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contribution to the
State Employees' Retirement System, the 
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Comptroller shall promptly so notify
the Retirement System.

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(Source: P.A. 93-665, eff. 3-5-04; 93-1067, eff. 1-15-05.)