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| Public Act 103-0553 | ||||
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AN ACT concerning public employee benefits.
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Be it enacted by the People of the State of Illinois,
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represented in the General Assembly:
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Section 5. The Illinois Pension Code is amended by | ||||
changing Section 11-159 and by adding Sections 11-159.1 and | ||||
14-126.5 as follows:
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(40 ILCS 5/11-159) (from Ch. 108 1/2, par. 11-159)
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Sec. 11-159. Annuity after withdrawal while disabled for | ||||
employees who first became participants prior to January 1, | ||||
2011. | ||||
(a) This Section applies to employees who first became | ||||
participants prior to January 1, 2011. | ||||
(b) An employee whose disability continues after the | ||||
employee he has received ordinary
disability benefits benefit | ||||
for the maximum period of time prescribed by this
Article, and | ||||
who withdraws before age 60 while still so disabled, is
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entitled to receive an annuity in of such amount as can be | ||||
provided from the
total sum accumulated to the employee's his | ||||
credit from employee contributions and employer city
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contributions, to be computed as of the employee's his age on | ||||
the date of withdrawal. If the minimum annuity under Section | ||||
11-134 applies and is greater than the annuity under this | ||||
subsection (b), then the Section 11-134 annuity shall apply. | ||||
Any annuity under this subsection (b) shall be subject to | ||
automatic annual increases under Section 11-134.1.
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(c) The annuity to which the employee's spouse his wife | ||
shall be entitled upon the employee's his death, shall
be | ||
fixed on the date of the employee's his withdrawal. It shall be | ||
provided on a
reversionary annuity basis from the total sum | ||
accumulated to the employee's his credit
for widow's annuity | ||
on the date of such withdrawal. If the minimum annuity under | ||
Section 11-145.1 applies and is greater than the annuity under | ||
this subsection (c), then the Section 11-145.1 annuity shall | ||
apply. Any widow's annuity shall not be subject to any | ||
automatic annual increases.
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(d) Upon the death of any such employee while on annuity, | ||
if the employee's his service
was at least 4 years after the | ||
date of the employee's his original entry, and at least
2 years | ||
after the date of the employee's his latest re-entry, the | ||
employee's his unmarried child or
children under age 18 shall | ||
be entitled to an annuity as specified in this
Article for | ||
children of an employee who retires after age 55, subject to
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prescribed limitations on total payments to a family of an | ||
employee.
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(Source: P.A. 81-1536.)
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(40 ILCS 5/11-159.1 new) | ||
Sec. 11-159.1. Annuity after withdrawal while disabled for | ||
employees who first became participants on or after January 1, | ||
2011. | ||
(a) This Section applies to employees who first became | ||
participants on or after January 1, 2011. | ||
(b) An employee whose disability continues after the | ||
employee has received ordinary disability benefits for the | ||
maximum period of time prescribed by this Article and who | ||
withdraws before becoming eligible for a retirement annuity | ||
under subsection (c), (c-5), (d), or (d-5) of Section 1-160 | ||
while still so disabled is entitled to receive an annuity in | ||
such amount as can be provided from the total sum accumulated | ||
to the employee's credit from employee contributions and | ||
employer contributions, to be computed as of the employee's | ||
age on the date of withdrawal. The minimum annuity under | ||
Section 11-134 shall not apply, and any annuity under this | ||
subsection (b) shall not be subject to any automatic annual | ||
increases. | ||
(c) The annuity to which the employee's spouse shall be | ||
entitled upon the employee's death shall be fixed on the date | ||
of the employee's withdrawal. It shall be provided on a | ||
reversionary annuity basis from the total sum accumulated to | ||
the employee's credit for widow's annuity on the date of such | ||
withdrawal. The minimum annuity under Section 11-145.1 shall | ||
not apply and any widow's annuity under this subsection (c) | ||
shall not be subject to any automatic annual increases. | ||
(d) Upon the death of any such employee while on annuity, | ||
if the employee's service was at least 4 years after the date | ||
of the employee's original entry, and at least 2 years after | ||
the date of the employee's latest re-entry, the employee's | ||
unmarried children under age 18 shall be entitled to an | ||
annuity as specified in this Article for children of an | ||
employee who retires after age 55, subject to prescribed | ||
limitations on total payments to a family of an employee. | ||
(40 ILCS 5/14-126.5 new) | ||
Sec. 14-126.5. Retirement annuity option for termination | ||
of ordinary disability benefit. A member who is subject to the | ||
provisions of Section 1-160 whose disability continues but | ||
whose disability benefit is either terminated due to attaining | ||
age 65 or terminated after 5 years because the ordinary | ||
disability benefit commenced after age 60 shall immediately | ||
qualify to begin receiving a retirement annuity without the | ||
reduction provided under subsection (d) of Section 1-160 if | ||
the member has earned at least 10 years of creditable service. | ||
Section 90. The State Mandates Act is amended by adding | ||
Section 8.47 as follows: | ||
(30 ILCS 805/8.47 new) | ||
Sec. 8.47. 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 103rd General Assembly.
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Section 99. Effective date. This Act takes effect upon | ||
becoming law.
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