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HB4463 Enrolled |
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LRB094 14363 AMC 49289 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 changing |
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| Section 20-109 as follows:
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| (40 ILCS 5/20-109) (from Ch. 108 1/2, par. 20-109)
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| Sec. 20-109. "Pension credit": Credit or equities acquired |
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| by an
employee in the form of contributions, earnings or |
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| service as defined
under the law governing each of the systems |
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| in which he has credits or
equities, except credits and |
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| equities (1) of less than one year in any
one system, except |
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| that this one-year limitation shall not apply to
(A) employees |
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| who transfer or are transferred, as a class, from one
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| participating system to another or who are persons to whom |
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| Section
14-108.2a or 14-108.2b applies or (B) persons who move |
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| from participation with a school district as a teacher aide |
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| under Article 7 to participation under Article 16; or (2) which |
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| have previously been
forfeited by acceptance of a refund or |
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| which have been applied towards a
retirement annuity and have |
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| not been reestablished in accordance with the
law governing the |
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| system from which the refund or retirement annuity had
been |
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| received. If a retirement system provides no refund of |
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| contributions,
the pension credit in the case of any employee |
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| who has participated in that
system shall be considered |
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| effective for the purposes of this Article.
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| (Source: P.A. 88-535; 89-246, eff. 8-4-95.)
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| Section 90. The State Mandates Act is amended by adding |
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| Section 8.30 as
follows:
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| (30 ILCS 805/8.30 new)
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| Sec. 8.30. Exempt mandate. Notwithstanding Sections 6 and 8 |