100TH GENERAL ASSEMBLY
State of Illinois
2017 and 2018
HB4868

 

Introduced , by Rep. David S. Olsen

 

SYNOPSIS AS INTRODUCED:
 
40 ILCS 5/16-121  from Ch. 108 1/2, par. 16-121

    Amends the Downstate Teachers Article of the Illinois Pension Code. Provides that "salary" does not include expense reimbursements, expense allowances, or fringe benefits unless included in a reportable flexible benefit plan. Effective immediately.


LRB100 16366 RPS 31494 b

FISCAL NOTE ACT MAY APPLY
PENSION IMPACT NOTE ACT MAY APPLY

 

 

A BILL FOR

 

HB4868LRB100 16366 RPS 31494 b

1    AN ACT concerning public employee benefits.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 5. The Illinois Pension Code is amended by changing
5Section 16-121 as follows:
 
6    (40 ILCS 5/16-121)  (from Ch. 108 1/2, par. 16-121)
7    (Text of Section WITHOUT the changes made by P.A. 98-599,
8which has been held unconstitutional)
9    Sec. 16-121. Salary. "Salary": The actual compensation
10received by a teacher during any school year and recognized by
11the system in accordance with rules of the board. "Salary" does
12not include expense reimbursements, expense allowances, or
13fringe benefits unless included in a reportable flexible
14benefit plan. For purposes of this Section, "school year"
15includes the regular school term plus any additional period for
16which a teacher is compensated and such compensation is
17recognized by the rules of the board.
18(Source: P.A. 84-1028.)
 
19    Section 99. Effective date. This Act takes effect upon
20becoming law.