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HB0157 Engrossed |
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LRB094 03611 LRD 33615 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 adding |
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| Section 17-142.2 as follows:
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| (40 ILCS 5/17-142.2 new)
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| Sec. 17-142.2. Medicare coverage. To provide for an |
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| election of
medicare coverage.
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| (a) The Fund shall conduct a divided medicare coverage |
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| referendum, open
to any teacher who was hired by an employer |
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| prior to March 31, 1986 and has been continuously employed by |
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| the same employer through the effective date of this amendatory |
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| Act of the 94th General Assembly.
The referendum shall be |
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| conducted in accordance with the applicable provisions
of |
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| federal law and Article 21 of this Code.
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| (b) A teacher's election to participate in the federal |
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| medicare program is
irrevocable.
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| (c) Employers shall pay the necessary employer |
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| contributions and make the
necessary deductions from salary for |
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| teachers who elect to participate in the
federal medicare |
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| program under this Section, as required by the Fund, Article
21 |
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| of this Code, and federal law.
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| Section 90. The State Mandates Act is amended by adding |
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| Section 8.29 as
follows:
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| (30 ILCS 805/8.29 new)
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| Sec. 8.29. Exempt mandate. Notwithstanding Sections 6 and 8 |
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| of this
Act, no reimbursement by the State is required for the |
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| implementation of
any mandate created by this amendatory Act of |
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| the 94th General Assembly.
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| Section 99. Effective date. This Act takes effect upon |