HB0157eng 94TH GENERAL ASSEMBLY

HB0157 Engrossed LRB094 03611 LRD 33615 b

AN ACT concerning public employee benefits.

Be it enacted by the People of the State of Illinois, represented in the General Assembly:

Section 5. The Illinois Pension Code is amended by adding Section 17-142.2 as follows:

(40 ILCS 5/17-142.2 new)

Sec. 17-142.2. Medicare coverage. To provide for an election of medicare coverage.

(a) The Fund shall conduct a divided medicare coverage referendum, open to any teacher who was hired by an employer prior to March 31, 1986 and has been continuously employed by the same employer through the effective date of this amendatory Act of the 94th General Assembly. The referendum shall be conducted in accordance with the applicable provisions of federal law and Article 21 of this Code.

(b) A teacher's election to participate in the federal medicare program is irrevocable.

(c) Employers shall pay the necessary employer contributions and make the necessary deductions from salary for teachers who elect to participate in the federal medicare program under this Section, as required by the Fund, Article 21 of this Code, and federal law.

Section 90. The State Mandates Act is amended by adding Section 8.29 as follows:

(30 ILCS 805/8.29 new)

Sec. 8.29. Exempt mandate. Notwithstanding Sections 6 and 8 of this Act, no reimbursement by the State is required for the implementation of any mandate created by this amendatory Act of the 94th General Assembly.

Section 99. Effective date. This Act takes effect upon becoming law.