Public Act 096-0429
 		





SB1974 Enrolled
LRB096 09271 AMC 19425 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 1-109.3 as follows:
 
    (40 ILCS 5/1-109.3  new)
    Sec. 1-109.3. Training requirement for pension trustees. 
    (a) All elected and appointed trustees under Article 3 and 
4 of this Code must participate in a mandatory trustee 
certification training seminar that consists of at least 32 
hours of initial trustee certification at a training facility 
that is accredited and affiliated with a State of Illinois 
certified college or university. This training must include 
without limitation all of the following:
        (1) Duties and liabilities of a fiduciary under Article 
    1 of the Illinois Pension Code.
        (2) Adjudication of pension claims.
        (3) Basic accounting and actuarial training.
        (4) Trustee ethics.
        (5) The Illinois Open Meetings Act.
        (6) The Illinois Freedom of Information Act.
    The training required under this subsection (a) must be 
completed within the first year that a trustee is elected or 
appointed under an Article 3 or 4 pension fund. The elected and 
appointed trustees of an Article 3 or 4 pension fund who are 
police officers (as defined in Section 3-106 of this Code) or 
firefighters (as defined in Section 4-106 of this Code) or are 
employed by the municipality shall be permitted time away from 
their duties to attend such training without reduction of 
accrued leave or benefit time. Active or appointed trustees 
serving on the effective date of this amendatory Act of the 
96th General Assembly shall not be required to attend the 
training required under this subsection (a). 
    (b) In addition to  the initial trustee certification 
training required under subsection (a), all elected and 
appointed trustees under Article 3 and 4 of this Code, 
including trustees serving on the effective date of this 
amendatory Act of the 96th General Assembly, shall also  
participate in a minimum of 16 hours of continuing trustee 
education each year after the first year that the trustee is 
elected or appointed.
    (c) The training required under this Section shall be paid 
for by the pension fund. 
    (d)  Any board member who does not timely complete the 
training required under this Section is not eligible to serve 
on the board of trustees of an Article 3 or 4 pension fund, 
unless the board member completes the missed training within 6 
months after the date the member failed to complete the 
required training.  In the event of a board member's failure to 
complete the required training, a successor shall be appointed 
or elected, as applicable, for the unexpired term.  A successor 
who is elected under such circumstances must be elected at a 
special election called by the board and conducted in the same 
manner as a regular election under Article 3 or 4, as 
applicable. 
 
    Section 90. The State Mandates Act is amended by adding 
Section 8.33 as follows:
 
    (30 ILCS 805/8.33 new)
    Sec. 8.33. 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 96th General Assembly.
 

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