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| | 99TH GENERAL ASSEMBLY
State of Illinois
2015 and 2016 HB2916 Introduced , by Rep. Robert F. Martwick SYNOPSIS AS INTRODUCED: |
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40 ILCS 5/7-172.1 | from Ch. 108 1/2, par. 7-172.1 |
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Amends the IMRF Article of the Illinois Pension Code. Provides that the Fund may begin enforcement action against employers who have failed to remit contributions to the Fund when the contributions are 60 (rather than 90) days overdue. Effective immediately.
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| | FISCAL NOTE ACT MAY APPLY | | PENSION IMPACT NOTE ACT MAY APPLY |
| | A BILL FOR |
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| | HB2916 | | LRB099 08065 EFG 28211 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 | | Section 7-172.1 as follows:
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6 | | (40 ILCS 5/7-172.1) (from Ch. 108 1/2, par. 7-172.1)
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7 | | Sec. 7-172.1. Actions to enforce payments by |
8 | | municipalities and
instrumentalities. |
9 | | (a) If any participating municipality or participating
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10 | | instrumentality fails to transmit to the Fund contributions |
11 | | required of it
under this Article or contributions collected by |
12 | | it from its participating
employees for the purposes of this |
13 | | Article for more than
60 90 days after the payment of such |
14 | | contributions is due, the Fund, after
giving notice to such |
15 | | municipality or instrumentality, may certify to
the State |
16 | | Comptroller the amounts of such delinquent payments and the
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17 | | Comptroller shall deduct the amounts so certified or any part |
18 | | thereof
from any grants of State funds to the municipality or |
19 | | instrumentality
involved and shall pay the amount so deducted |
20 | | to the Fund. If State
funds from which such deductions may be |
21 | | made are not available, the Fund
may proceed against the |
22 | | municipality or instrumentality to recover the
amounts of such |
23 | | delinquent payments in the appropriate circuit court.
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