State of Illinois
91st General Assembly
Legislation

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91_HB1064ham001

 










                                          HDS91HB1064CEa100mm

 1                    AMENDMENT TO HOUSE BILL 1064

 2        AMENDMENT NO.     .  Amend House Bill 1064,  by  deleting
 3    everything  after  the  enacting clause and inserting in lieu
 4    thereof the following:

 5        "Sec. 5.  The amount of $29,175,000 or so  much  of  that
 6    amount  as may be necessary, is appropriated from the General
 7    Revenue Fund to the Teachers' Retirement System of the  State
 8    of  Illinois for transfer into the Teachers' Health Insurance
 9    Security Fund  as  the  State's  contribution  for  teachers'
10    health benefits.

11        Sec.  10.  The  following  amounts, or so much thereof as
12    may  be  necessary,  are  appropriated   to   the   Teachers'
13    Retirement  System  of  the State of Illinois for the State's
14    contribution, as provided by law:

15    Payable from the General Revenue Fund .........  $52,412,400
16    Payable from the Common School Fund ........... $526,026,600
17        Total, this Section ....................... $578,439,000

18        Sec.  15.  The  sum  of  $55,600,000,  minus  the  amount
19    transferred to the Teachers' Retirement System of  the  State
20    of   Illinois   pursuant   to  the  continuing  appropriation
 
                            -2-           HDS91HB1064CEa100mm
 1    authorized   by   the   State   Pensions   Fund    Continuing
 2    Appropriations  Act,  is appropriated from the State Pensions
 3    Fund to the Board of Trustees  of  the  Teachers'  Retirement
 4    System of the State of Illinois pursuant to the provisions of
 5    Section 8.12 of the State Finance Act.

 6        Sec. 20.  The following named amounts, or so much thereof
 7    as  may be necessary, respectively, are appropriated from the
 8    General Revenue Fund to the Teachers'  Retirement  System  of
 9    the   State   of   Illinois  for  the  objects  and  purposes
10    hereinafter named:

11    For supplemental benefits pursuant to
12      Sections 16-135 and 16-149.4 of the Pension
13      Code ........................................      $35,000
14    For additional costs due to the establishment
15      of minimum benefits under Sections 16-136.2
16      and 136.3 of the Pension Code ...............   $6,000,000
17        Total, this Section .......................   $6,035,000

18        Sec. 99.  Effective Date.  This Act takes effect July  1,
19    1999.".

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