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HB0230 Enrolled |
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LRB094 03932 AMC 33947 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
17-130.3 as follows:
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| (40 ILCS 5/17-130.3 new)
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| Sec. 17-130.3. Election of medicare coverage. |
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| (a) The Fund shall conduct a divided medicare coverage |
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| referendum, open
to teachers continuously employed by the same |
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| employer since March 31, 1986.
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) As used in this Section and in compliance with federal |
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| law,
"referendum" means the process whereby teachers are |
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| granted the opportunity
to make an irrevocable individual |
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| election to participate in the medicare
program on a |
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| prospective basis.
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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 System, Article
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| 21 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 |