HB5149 96TH GENERAL ASSEMBLY

LRB096 19492 AMC 34884 b

96TH GENERAL ASSEMBLY
State of Illinois
2009 and 2010
HB5149

Introduced 1/29/2010, by Rep. Dennis M. Reboletti

SYNOPSIS AS INTRODUCED:

40 ILCS 5/3-108.3

Amends the Downstate Police Article of the Illinois Pension Code. Provides that, if a special needs trust has been established for a disabled adult child, then the special needs trust may stand in lieu of the disabled adult child as a beneficiary for the purposes of the Article. Effective immediately.

PENSION IMPACT NOTE ACT MAY APPLY

A BILL FOR

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 changing Section 3-108.3 as follows:

(40 ILCS 5/3-108.3)

Sec. 3-108.3. Beneficiary. "Beneficiary": A person receiving benefits from a pension fund, including, but not limited to, retired pensioners, disabled pensioners, their surviving spouses, minor children, disabled children, and dependent parents. If a special needs trust as described in Section 1396p(d)(4) of Title 42 of the United States Code, as amended from time to time, has been established for a disabled adult child, then the special needs trust may stand in lieu of the disabled adult child as a beneficiary for the purposes of this Article.

(Source: P.A. 90-507, eff. 8-22-97.)

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