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92_HB0968
LRB9204455LDtm
1 AN ACT in relation to public employee benefits.
2 Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
4 Section 5. The Illinois Pension Code is amended by
5 changing Section 7-169 as follows:
6 (40 ILCS 5/7-169) (from Ch. 108 1/2, par. 7-169)
7 Sec. 7-169. Separation benefits; repayments. If an
8 employee who has received a separation benefit subsequently
9 becomes a participating employee, and renders at least 2
10 years of contributing service from the date of such re-entry,
11 he may pay to the fund the amount of the separation benefit,
12 plus interest at the effective rate for each year from the
13 date of payment of the separation benefit to the date of
14 repayment. Upon payment his creditable service shall be
15 reinstated and the payment shall be credited to his account
16 as normal contributions. Beginning January 1, 2002, the
17 requirement of returning to service for at least 2 years does
18 not apply to persons who return to service as a sheriff's law
19 enforcement employee.
20 (Source: P.A. 84-1028.)
21 Section 90. The State Mandates Act is amended by adding
22 Section 8.25 as follows:
23 (30 ILCS 805/8.25 new)
24 Sec. 8.25. Exempt mandate. Notwithstanding Sections 6
25 and 8 of this Act, no reimbursement by the State is required
26 for the implementation of any mandate created by this
27 amendatory Act of the 92nd General Assembly.
28 Section 99. Effective date. This Act takes effect upon
-2- LRB9204455LDtm
1 becoming law.