Full Text of HB2767 98th General Assembly
HB2767eng 98TH GENERAL ASSEMBLY |
| | HB2767 Engrossed | | LRB098 07983 EFG 38072 b |
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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 changing | 5 | | Section 14-103.10 as follows:
| 6 | | (40 ILCS 5/14-103.10) (from Ch. 108 1/2, par. 14-103.10)
| 7 | | Sec. 14-103.10. Compensation.
| 8 | | (a) For periods of service prior to January 1, 1978, the | 9 | | full rate of salary
or wages payable to an employee for | 10 | | personal services performed if he worked
the full normal | 11 | | working period for his position, subject to the following
| 12 | | maximum amounts: (1) prior to July 1, 1951, $400 per month or | 13 | | $4,800 per year;
(2) between July 1, 1951 and June 30, 1957 | 14 | | inclusive, $625 per month or $7,500
per year; (3) beginning | 15 | | July 1, 1957, no limitation.
| 16 | | In the case of service of an employee in a position | 17 | | involving
part-time employment, compensation shall be | 18 | | determined according to the
employees' earnings record.
| 19 | | (b) For periods of service on and after January 1, 1978, | 20 | | all
remuneration for personal services performed defined as | 21 | | "wages" under
the Social Security Enabling Act, including that | 22 | | part of such
remuneration which is in excess of any maximum | 23 | | limitation provided in
such Act, and including any benefits |
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| 1 | | received by an employee under a sick
pay plan in effect before | 2 | | January 1, 1981, but excluding lump sum salary
payments:
| 3 | | (1) for vacation,
| 4 | | (2) for accumulated unused sick leave,
| 5 | | (3) upon discharge or dismissal,
| 6 | | (4) for approved holidays.
| 7 | | (c) For periods of service on or after December 16, 1978, | 8 | | compensation
also includes any benefits, other than lump sum | 9 | | salary payments made at
termination of employment, which an | 10 | | employee receives or is eligible to
receive under a sick pay | 11 | | plan authorized by law.
| 12 | | (d) For periods of service after September 30, 1985, | 13 | | compensation also
includes any remuneration for personal | 14 | | services not included as "wages"
under the Social Security | 15 | | Enabling Act, which is deducted for purposes of
participation | 16 | | in a program established pursuant to Section 125 of the
| 17 | | Internal Revenue Code or its successor laws.
| 18 | | (e) For members for which Section 1-160 applies for periods | 19 | | of service on and after January 1, 2011, all remuneration for | 20 | | personal services performed defined as "wages" under the Social | 21 | | Security Enabling Act, excluding remuneration that is in excess | 22 | | of the annual earnings, salary, or wages of a member or | 23 | | participant, as provided in subsection (b-5) of Section 1-160, | 24 | | but including any benefits received by an employee under a sick | 25 | | pay plan in effect before January 1, 1981.
Compensation shall | 26 | | exclude lump sum salary payments: |
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| 1 | | (1) for vacation; | 2 | | (2) for accumulated unused sick leave; | 3 | | (3) upon discharge or dismissal; and | 4 | | (4) for approved holidays. | 5 | | (f) Notwithstanding the other provisions of this Section, | 6 | | for service on or after July 1, 2013, "compensation"
does not | 7 | | include any stipend payable to an employee for service on a | 8 | | board or commission. | 9 | | (Source: P.A. 96-1490, eff. 1-1-11.)
| 10 | | Section 99. Effective date. This Act takes effect upon | 11 | | becoming law.
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