|
| | 100TH GENERAL ASSEMBLY
State of Illinois
2017 and 2018 HB0295 Introduced , by Rep. David S. Olsen SYNOPSIS AS INTRODUCED: |
| 40 ILCS 5/16-121 | from Ch. 108 1/2, par. 16-121 |
|
Amends the Downstate Teachers Article of the Illinois Pension Code. Provides that "salary" does not include expense reimbursements, expense allowances, or fringe benefits unless included in a reportable flexible benefit plan. Effective immediately.
|
| |
| | FISCAL NOTE ACT MAY APPLY | | PENSION IMPACT NOTE ACT MAY APPLY |
| | A BILL FOR |
|
|
| | HB0295 | | LRB100 05236 RPS 15246 b |
|
|
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 16-121 as follows:
|
6 | | (40 ILCS 5/16-121) (from Ch. 108 1/2, par. 16-121)
|
7 | | (Text of Section WITHOUT the changes made by P.A. 98-599, |
8 | | which has been held unconstitutional)
|
9 | | Sec. 16-121. Salary. "Salary": The actual compensation |
10 | | received by a teacher during any
school year and recognized by |
11 | | the system in accordance with
rules of the board. "Salary" does |
12 | | not include expense reimbursements, expense allowances, or |
13 | | fringe benefits unless included in a reportable flexible |
14 | | benefit plan. For purposes of this Section, "school year" |
15 | | includes
the regular school term plus any additional period for |
16 | | which a teacher is
compensated and such compensation is |
17 | | recognized by the rules of the board.
|
18 | | (Source: P.A. 84-1028.)
|
19 | | Section 99. Effective date. This Act takes effect upon |
20 | | becoming law.
|