Bill Text: IL SB3061 | 2019-2020 | 101st General Assembly | Introduced

---

Bill Title: Amends the State Universities Article of the Illinois Pension Code. Removes a provision requiring the Department of Central Management Services to prepare a report showing, on a fiscal year by fiscal year basis, the amount by which the State's cost for health insurance coverage under the State Employees Group Insurance Act of 1971 for retirees of the State's universities and their survivors has declined as a result of requiring some of those retirees and survivors to contribute to the cost of their basic health insurance. Effective immediately.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Failed) 2021-01-13 - Session Sine Die [SB3061 Detail]

Download: Illinois-2019-SB3061-Introduced.html

---

101ST GENERAL ASSEMBLY State of Illinois 2019 and 2020 SB3061 Introduced 2/5/2020, by Sen. Michael E. Hastings SYNOPSIS AS INTRODUCED:
40 ILCS 5/15-158.3
Amends the State Universities Article of the Illinois Pension Code. Removes a provision requiring the Department of Central Management Services to prepare a report showing, on a fiscal year by fiscal year basis, the amount by which the State's cost for health insurance coverage under the State Employees Group Insurance Act of 1971 for retirees of the State's universities and their survivors has declined as a result of requiring some of those retirees and survivors to contribute to the cost of their basic health insurance. Effective immediately.
LRB101 15316 RPS 64501 b
PENSION IMPACT NOTE ACT MAY APPLY
A BILL FOR
SB3061 LRB101 15316 RPS 64501 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 changing
Section 15-158.3 as follows:
(40 ILCS 5/15-158.3)
Sec. 15-158.3. Reports on cost reduction; effect on
retirement at any age with 30 years of service.
(a) On or before November 15, 2001 and on or before
November 15th of each year thereafter, the Board shall have the
System's actuary prepare a report showing, on a fiscal year by
fiscal year basis, the actual rate of participation in the
self-managed plan authorized by Section 15-158.2, (i) by
employees of the System's covered higher educational
institutions who were hired on or after the implementation date
of the self-managed plan and (ii) by other System participants.
(b) On or before November 15th of 2001 and on or before
November 15th of each year thereafter, the Illinois Board of
Higher Education, in conjunction with the Bureau of the Budget
(now Governor's Office of Management and Budget) shall prepare
a report showing, on a fiscal year by fiscal year basis, the
amount by which the costs associated with compensable sick
leave have been reduced as a result of the termination of

SB3061 - 2 - LRB101 15316 RPS 64501 b
compensable sick leave accrual on and after January 1, 1998 by
employees of higher education institutions who are
participants in the System.
(c) (Blank). On or before November 15 of 2001 and on or
before November 15th of each year thereafter, the Department of
Central Management Services shall prepare a report showing, on
a fiscal year by fiscal year basis, the amount by which the
State's cost for health insurance coverage under the State
Employees Group Insurance Act of 1971 for retirees of the
State's universities and their survivors has declined as a
result of requiring some of those retirees and survivors to
contribute to the cost of their basic health insurance. These
year-by-year reductions in cost must be quantified both in
dollars and as a level percentage of payroll covered by the
System.
(d) The report reports required under subsection
subsections (b) and (c) shall be disseminated to the Board, the
Pension Laws Commission (until it ceases to exist), the
Commission on Government Forecasting and Accountability, the
Illinois Board of Higher Education, and the Governor.
(e) The report reports required under subsection
subsections (b) and (c) shall be taken into account by the
Pension Laws Commission (or its successor, the Commission on
Government Forecasting and Accountability) in making any
recommendation to extend by legislation beyond December 31,
2002 the provision that allows a System participant to retire

SB3061 - 3 - LRB101 15316 RPS 64501 b
at any age with 30 or more years of service as authorized in
Section 15-135.
(Source: P.A. 95-83, eff. 8-13-07.)
Section 99. Effective date. This Act takes effect upon
becoming law.