Illinois 2023-2024 Regular Session

Illinois House Bill HB3432 Compare Versions

Only one version of the bill is available at this time.

Old	New	Differences
1	1	103RD GENERAL ASSEMBLY State of Illinois 2023 and 2024 HB3432 Introduced , by Rep. Dave Severin SYNOPSIS AS INTRODUCED: 40 ILCS 5/16-128.5 new40 ILCS 5/16-203 Amends the Downstate Teacher Article of the Illinois Pension Code. Provides that a teacher who served as a teacher during the public health emergency declared by the Governor related to the COVID-19 pandemic shall receive one additional day of service credit for each day of service credit earned during that period, notwithstanding any limitation on the amount of service credit that may be earned in a single year. Provides that the service credit shall be granted without any additional employee or employer contribution. Provides that any benefit increase that results from the amendatory Act is excluded from the definition of "new benefit increase". Effective immediately. LRB103 28268 RPS 54647 b A BILL FOR 103RD GENERAL ASSEMBLY State of Illinois 2023 and 2024 HB3432 Introduced , by Rep. Dave Severin SYNOPSIS AS INTRODUCED: 40 ILCS 5/16-128.5 new40 ILCS 5/16-203 40 ILCS 5/16-128.5 new 40 ILCS 5/16-203 Amends the Downstate Teacher Article of the Illinois Pension Code. Provides that a teacher who served as a teacher during the public health emergency declared by the Governor related to the COVID-19 pandemic shall receive one additional day of service credit for each day of service credit earned during that period, notwithstanding any limitation on the amount of service credit that may be earned in a single year. Provides that the service credit shall be granted without any additional employee or employer contribution. Provides that any benefit increase that results from the amendatory Act is excluded from the definition of "new benefit increase". Effective immediately. LRB103 28268 RPS 54647 b LRB103 28268 RPS 54647 b A BILL FOR
2	2	103RD GENERAL ASSEMBLY State of Illinois 2023 and 2024 HB3432 Introduced , by Rep. Dave Severin SYNOPSIS AS INTRODUCED:
3	3	40 ILCS 5/16-128.5 new40 ILCS 5/16-203 40 ILCS 5/16-128.5 new 40 ILCS 5/16-203
4	4	40 ILCS 5/16-128.5 new
5	5	40 ILCS 5/16-203
6	6	Amends the Downstate Teacher Article of the Illinois Pension Code. Provides that a teacher who served as a teacher during the public health emergency declared by the Governor related to the COVID-19 pandemic shall receive one additional day of service credit for each day of service credit earned during that period, notwithstanding any limitation on the amount of service credit that may be earned in a single year. Provides that the service credit shall be granted without any additional employee or employer contribution. Provides that any benefit increase that results from the amendatory Act is excluded from the definition of "new benefit increase". Effective immediately.
7	7	LRB103 28268 RPS 54647 b LRB103 28268 RPS 54647 b
8	8	LRB103 28268 RPS 54647 b
9	9	A BILL FOR
10	10	HB3432LRB103 28268 RPS 54647 b HB3432 LRB103 28268 RPS 54647 b
11	11	HB3432 LRB103 28268 RPS 54647 b
12	12	1 AN ACT concerning public employee benefits.
13	13	2 Be it enacted by the People of the State of Illinois,
14	14	3 represented in the General Assembly:
15	15	4 Section 5. The Illinois Pension Code is amended by adding
16	16	5 Section 16-128.5 and by amending Section 16-203 as follows:
17	17	6 (40 ILCS 5/16-128.5 new)
18	18	7 Sec. 16-128.5. Additional service credit for service
19	19	8 during the COVID-19 public health emergency. A teacher who
20	20	9 served as a teacher during the public health emergency
21	21	10 declared by the Governor related to the COVID-19 pandemic
22	22	11 shall receive one additional day of service credit for each
23	23	12 day of service credit earned during that period,
24	24	13 notwithstanding any limitation on the amount of service credit
25	25	14 that may be earned in a single year. Service credit under this
26	26	15 Section shall be granted without any additional employee or
27	27	16 employer contribution.
28	28	17 (40 ILCS 5/16-203)
29	29	18 Sec. 16-203. Application and expiration of new benefit
30	30	19 increases.
31	31	20 (a) As used in this Section, "new benefit increase" means
32	32	21 an increase in the amount of any benefit provided under this
33	33	22 Article, or an expansion of the conditions of eligibility for
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37	37	103RD GENERAL ASSEMBLY State of Illinois 2023 and 2024 HB3432 Introduced , by Rep. Dave Severin SYNOPSIS AS INTRODUCED:
38	38	40 ILCS 5/16-128.5 new40 ILCS 5/16-203 40 ILCS 5/16-128.5 new 40 ILCS 5/16-203
39	39	40 ILCS 5/16-128.5 new
40	40	40 ILCS 5/16-203
41	41	Amends the Downstate Teacher Article of the Illinois Pension Code. Provides that a teacher who served as a teacher during the public health emergency declared by the Governor related to the COVID-19 pandemic shall receive one additional day of service credit for each day of service credit earned during that period, notwithstanding any limitation on the amount of service credit that may be earned in a single year. Provides that the service credit shall be granted without any additional employee or employer contribution. Provides that any benefit increase that results from the amendatory Act is excluded from the definition of "new benefit increase". Effective immediately.
42	42	LRB103 28268 RPS 54647 b LRB103 28268 RPS 54647 b
43	43	LRB103 28268 RPS 54647 b
44	44	A BILL FOR
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50	50	40 ILCS 5/16-128.5 new
51	51	40 ILCS 5/16-203
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68	68	HB3432- 2 -LRB103 28268 RPS 54647 b HB3432 - 2 - LRB103 28268 RPS 54647 b
69	69	HB3432 - 2 - LRB103 28268 RPS 54647 b
70	70	1 any benefit under this Article, that results from an amendment
71	71	2 to this Code that takes effect after June 1, 2005 (the
72	72	3 effective date of Public Act 94-4). "New benefit increase",
73	73	4 however, does not include any benefit increase resulting from
74	74	5 the changes made to Article 1 or this Article by Public Act
75	75	6 95-910, Public Act 100-23, Public Act 100-587, Public Act
76	76	7 100-743, Public Act 100-769, Public Act 101-10, Public Act
77	77	8 101-49, Public Act 102-16, Public Act 102-871, or this
78	78	9 amendatory Act of the 103rd General Assembly Public Act 102-16
79	79	10 this amendatory Act of the 102nd General Assembly.
80	80	11 (b) Notwithstanding any other provision of this Code or
81	81	12 any subsequent amendment to this Code, every new benefit
82	82	13 increase is subject to this Section and shall be deemed to be
83	83	14 granted only in conformance with and contingent upon
84	84	15 compliance with the provisions of this Section.
85	85	16 (c) The Public Act enacting a new benefit increase must
86	86	17 identify and provide for payment to the System of additional
87	87	18 funding at least sufficient to fund the resulting annual
88	88	19 increase in cost to the System as it accrues.
89	89	20 Every new benefit increase is contingent upon the General
90	90	21 Assembly providing the additional funding required under this
91	91	22 subsection. The Commission on Government Forecasting and
92	92	23 Accountability shall analyze whether adequate additional
93	93	24 funding has been provided for the new benefit increase and
94	94	25 shall report its analysis to the Public Pension Division of
95	95	26 the Department of Insurance. A new benefit increase created by
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106	106	1 a Public Act that does not include the additional funding
107	107	2 required under this subsection is null and void. If the Public
108	108	3 Pension Division determines that the additional funding
109	109	4 provided for a new benefit increase under this subsection is
110	110	5 or has become inadequate, it may so certify to the Governor and
111	111	6 the State Comptroller and, in the absence of corrective action
112	112	7 by the General Assembly, the new benefit increase shall expire
113	113	8 at the end of the fiscal year in which the certification is
114	114	9 made.
115	115	10 (d) Every new benefit increase shall expire 5 years after
116	116	11 its effective date or on such earlier date as may be specified
117	117	12 in the language enacting the new benefit increase or provided
118	118	13 under subsection (c). This does not prevent the General
119	119	14 Assembly from extending or re-creating a new benefit increase
120	120	15 by law.
121	121	16 (e) Except as otherwise provided in the language creating
122	122	17 the new benefit increase, a new benefit increase that expires
123	123	18 under this Section continues to apply to persons who applied
124	124	19 and qualified for the affected benefit while the new benefit
125	125	20 increase was in effect and to the affected beneficiaries and
126	126	21 alternate payees of such persons, but does not apply to any
127	127	22 other person, including, without limitation, a person who
128	128	23 continues in service after the expiration date and did not
129	129	24 apply and qualify for the affected benefit while the new
130	130	25 benefit increase was in effect.
131	131	26 (Source: P.A. 101-10, eff. 6-5-19; 101-49, eff. 7-12-19;
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137	137	HB3432 - 3 - LRB103 28268 RPS 54647 b
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140	140	HB3432- 4 -LRB103 28268 RPS 54647 b HB3432 - 4 - LRB103 28268 RPS 54647 b
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142	142	1 101-81, eff. 7-12-19; 102-16, eff. 6-17-21; 102-558, eff.
143	143	2 8-20-21; 102-813, eff. 5-13-22; 102-871, eff. 5-13-22; revised
144	144	3 7-26-22.)
145	145	4 Section 99. Effective date. This Act takes effect upon
146	146	5 becoming law.
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152	152	HB3432 - 4 - LRB103 28268 RPS 54647 b