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94TH GENERAL ASSEMBLY
State of Illinois
2005 and 2006
HB4700
Introduced 1/12/2006, by Rep. Robin Kelly SYNOPSIS AS INTRODUCED:
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40 ILCS 5/8-164.1 |
from Ch. 108 1/2, par. 8-164.1 |
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Amends the Illinois Pension Code. Makes a technical change in Section concerning payments to the City of Chicago for participation in the City of Chicago's health care plans.
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| PENSION IMPACT NOTE ACT MAY APPLY | |
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A BILL FOR
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HB4700 |
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LRB094 16220 AMC 51464 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 8-164.1 as follows:
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| (40 ILCS 5/8-164.1) (from Ch. 108 1/2, par. 8-164.1)
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| Sec. 8-164.1. Payments to city.
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| (a) For the
the purposes of this Section, "city annuitant" |
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| means a person
receiving an age and service annuity, a widow's |
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| annuity, a child's annuity, or
a minimum annuity under this |
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| Article as a direct result of previous employment
by the City |
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| of Chicago ("the city").
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| (b) The board shall pay to the city, on behalf of the |
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| board's city
annuitants who participate in any of the city's |
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| health care plans, the
following amounts:
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| (1) From July 1, 2003 through June 30, 2008, $85 per |
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| month for each such
annuitant who is not eligible to |
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| receive Medicare benefits and $55 per month
for each such |
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| annuitant who is eligible to receive Medicare benefits.
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| (2) From July 1, 2008 through June 30, 2013, $95 per |
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| month for each such
annuitant who is not eligible to |
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| receive Medicare benefits and $65 per month
for each such |
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| annuitant who is eligible to receive Medicare benefits.
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| The payments described in this subsection shall be paid |
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| from the tax levy
authorized under Section 8-173; such amounts |
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| shall be credited to the reserve
for group hospital care and |
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| group medical and surgical plan benefits, and all
payments to |
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| the city required under this subsection shall be charged |
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| against
it.
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| (c) The city health care plans referred to in this Section |
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| and the board's
payments to the city under this Section are not |
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| and shall not be construed to
be pension or retirement benefits |