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| | 97TH GENERAL ASSEMBLY
State of Illinois
2011 and 2012 HB5354 Introduced 2/15/2012, by Rep. Robert Rita SYNOPSIS AS INTRODUCED: |
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40 ILCS 5/11-223.1 | from Ch. 108 1/2, par. 11-223.1 |
40 ILCS 5/11-223.2 | from Ch. 108 1/2, par. 11-223.2 |
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Amends the Chicago Laborer Article of the Illinois Pension Code. Adds dental and vision plans to the list of health benefit plans for which an annuitant may assign his or her annuity or disability benefit to cover payment of premiums. Deletes the limitation that the group hospital and medical insurance plans must be non-profit. Effective immediately.
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| | | PENSION IMPACT NOTE ACT MAY APPLY | |
| | A BILL FOR |
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| | HB5354 | | LRB097 18452 EFG 63682 b |
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1 | | AN ACT concerning public employee benefits.
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2 | | Be it enacted by the People of the State of Illinois,
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3 | | represented in the General Assembly:
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4 | | Section 5. The Illinois Pension Code is amended by changing |
5 | | Sections 11-223.1 and 11-223.2 as follows:
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6 | | (40 ILCS 5/11-223.1) (from Ch. 108 1/2, par. 11-223.1)
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7 | | Sec. 11-223.1. Assignment for health, hospital and medical |
8 | | insurance.
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9 | | The board may provide, by regulation, that any annuitant or |
10 | | pensioner,
may assign his annuity or disability benefit, or any |
11 | | part thereof, for the
purpose of premium payment for a |
12 | | membership for the annuitant, and his or
her spouse and |
13 | | children, in a non-profit group hospital care plan , or group
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14 | | medical surgical plan, group dental plan, or group vision plan, |
15 | | provided, however, that the board may, in its
discretion, |
16 | | terminate the right of assignment. Any such hospital insurance |
17 | | plan, or medical
insurance plan , dental plan, or vision plan |
18 | | may include provision for the beneficiaries thereof who rely
on |
19 | | treatment by spiritual means alone through prayer for healing |
20 | | in
accordance with the tenets and practice of a well recognized |
21 | | religious
denomination.
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22 | | Upon the adoption of a regulation permitting such |
23 | | assignment, the board
shall establish and administer a plan for |