State of Illinois
91st General Assembly
Legislation

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91_SB0619eng

 
SB619 Engrossed                                BOB-RetSys2000

 1        AN ACT regarding appropriations.

 2        Be it enacted by the People of  the  State  of  Illinois,
 3    represented in the General Assembly:

 4        Section  1.1.  The  following  named  amounts, or so much
 5    thereof as may be necessary, respectively,  are  appropriated
 6    for  the  objects  and purposes hereinafter named to meet the
 7    ordinary and contingent  expenses  of  the  State  Employees'
 8    Retirement System:
 9                           FOR OPERATIONS
10                FOR THE SOCIAL SECURITY ENABLING ACT
11      For Personal Services......................... $     37,200
12      For Employee Retirement Contributions
13       Paid by Employer ............................        1,500
14      For State Contributions to the State
15       Employees' Retirement System.................        3,700
16      For State Contributions to
17       Social Security..............................        2,900
18      For Contractual Services......................       25,200
19      For Travel....................................        2,000
20      For Commodities...............................          400
21      For Printing .................................          100
22      For Equipment ................................          100
23      For Electronic Data Processing ...............          700
24      For Telecommunications Services...............          600
25        Total                                             $74,400
26                           CENTRAL OFFICE
27      For Employee Retirement Contributions
28       Paid by Employer for Prior Fiscal Year:
29       Payable from General Revenue Fund...............$   50,000

30        Section  1.2.  The  sum  of $12,720,000, minus the amount
31    transferred  to  the  State  Employees'   Retirement   System
 
SB619 Engrossed             -2-                BOB-RetSys2000
 1    pursuant  to continuing appropriation authorized by the State
 2    Pensions Fund Continuing Appropriation Act,  is  appropriated
 3    from  the State Pensions Fund to the Board of Trustees of the
 4    State Employees' Retirement System pursuant to the provisions
 5    of Section 8.12 of "An Act in  relation  to  State  finance",
 6    approved June 10, 1919, as amended.

 7        Section  2.1.  The sum of $19,228,000, or so much thereof
 8    as may be necessary, is appropriated from the General Revenue
 9    Fund to the Board  of  Trustees  of  the  Judges'  Retirement
10    System for the State's Contribution, as provided by law.

11        Section  2.2.  The  sum  of  $2,160,000, minus the amount
12    transferred to the  Judges'  Retirement  System  pursuant  to
13    continuing  appropriation  authorized  by  the State Pensions
14    Fund Continuing Appropriation Act, is appropriated  from  the
15    State  Pensions  Fund to the Board of Trustees of the Judges'
16    Retirement System pursuant to the provisions of Section  8.12
17    of  "An  Act in relation to State finance", approved June 10,
18    1919, as amended.

19        Section 3.1.  The sum of $3,471,000, or so  much  thereof
20    as may be necessary, is appropriated from the General Revenue
21    Fund  to  the  Board  of  Trustees  of  the  General Assembly
22    Retirement System for the State's Contribution,  as  provided
23    by law.

24        Section  3.2.  The  sum  of  $480,000,  minus  the amount
25    transferred  to  the  General  Assembly   Retirement   System
26    pursuant  to continuing appropriation authorized by the State
27    Pensions Fund Continuing Appropriation Act,  is  appropriated
28    from  the State Pensions Fund to the Board of Trustees of the
29    General  Assembly  Retirement   System,   pursuant   to   the
30    provisions  of  Section  8.12 of "An Act in relation to State
 
SB619 Engrossed             -3-                BOB-RetSys2000
 1    finance", approved June 10, 1919, as amended.

 2        Section 4.1.  The following named  amounts,  or  so  much
 3    thereof  as  may be necessary, respectively, are appropriated
 4    from the General Revenue Fund  to  the  Teachers'  Retirement
 5    System for the objects and purposes hereinafter named:
 6    For supplementary payments to teachers pursuant
 7       to the provisions of Sections 16-135
 8       and 16-149.4 of the "Illinois Pension Code",
 9       as amended................................... $     35,000
10    For additional costs due to the establishment
11       of minimum retirement allowances
12       pursuant to Sections 16-136.2 and
13       16-136.3 of the "Illinois
14       Pension Code", as amended....................    6,000,000
15        Total                                          $6,035,000

16        Section  4.1a.  The  sum of $55,600,000, minus the amount
17    transferred to the Teachers' Retirement  System  pursuant  to
18    continuing  appropriation  authorized  by  the State Pensions
19    Fund Continuing Appropriation Act, is appropriated  from  the
20    State Pensions Fund to the Board of Trustees of the Teachers'
21    Retirement  System pursuant to the provisions of Section 8.12
22    of "AN ACT in relation to State finance", approved  June  10,
23    1919, as amended.

24        Section  5.1.  The  sum of $50,000, or so much thereof as
25    may be  necessary,  is  appropriated  to  the  Public  School
26    Teachers'   Pension  and  Retirement  Fund  of  Chicago,  for
27    supplementary payments  as  set  forth  in  Sections  17-154,
28    17-155  and  17-156  of the "Illinois Pension Code", approved
29    March 18, 1963, as amended.

30        Section 6.1.  The sum of  $9,040,000,  minus  the  amount
 
SB619 Engrossed             -4-                BOB-RetSys2000
 1    transferred  to  the  State  Universities  Retirement  System
 2    pursuant  to continuing appropriation authorized by the State
 3    Pensions Fund Continuing Appropriation Act,  is  appropriated
 4    from  the State Pensions Fund to the Board of Trustees of the
 5    State Universities Retirement System of Illinois pursuant  to
 6    the  provisions  of  Section  8.12  of "AN ACT in relation to
 7    State finance", approved June 10, 1919, as amended.

 8        Section 99.  Effective date.  This Act takes effect  July
 9    1, 1999.

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