70 | 107 | | 1 (d) Coverage. The level of health benefits provided under |
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71 | 108 | | 2 this Section shall be similar to the level of benefits |
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72 | 109 | | 3 provided by the program previously established under Article |
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73 | 110 | | 4 16 of the Illinois Pension Code. |
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74 | 111 | | 5 Group life insurance benefits are not included in the |
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75 | 112 | | 6 benefits to be provided to TRS benefit recipients and TRS |
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76 | 113 | | 7 dependent beneficiaries under this Act. |
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77 | 114 | | 8 The program of health benefits under this Section may |
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78 | 115 | | 9 include any or all of the benefit limitations, including but |
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79 | 116 | | 10 not limited to a reduction in benefits based on eligibility |
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80 | 117 | | 11 for federal Medicare benefits, that are provided under |
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81 | 118 | | 12 subsection (a) of Section 6 of this Act for other health |
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82 | 119 | | 13 benefit programs under this Act. |
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83 | 120 | | 14 (e) Insurance rates and premiums. The Director shall |
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84 | 121 | | 15 determine the insurance rates and premiums for TRS benefit |
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85 | 122 | | 16 recipients and TRS dependent beneficiaries, and shall present |
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86 | 123 | | 17 to the Teachers' Retirement System of the State of Illinois, |
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87 | 124 | | 18 by April 15 of each calendar year, the rate-setting |
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88 | 125 | | 19 methodology (including but not limited to utilization levels |
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89 | 126 | | 20 and costs) used to determine the amount of the health care |
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90 | 127 | | 21 premiums. |
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91 | 128 | | 22 For Fiscal Year 1996, the premium shall be equal to |
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92 | 129 | | 23 the premium actually charged in Fiscal Year 1995; in |
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93 | 130 | | 24 subsequent years, the premium shall never be lower than |
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94 | 131 | | 25 the premium charged in Fiscal Year 1995. |
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95 | 132 | | 26 For Fiscal Year 2003, the premium shall not exceed |
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96 | 133 | | |
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97 | 134 | | |
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98 | 135 | | |
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99 | 136 | | |
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100 | 137 | | |
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142 | 179 | | 1 care program, up to 75% of the total insurance rate shall |
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143 | 180 | | 2 be paid from the Teacher Health Insurance Security Fund. |
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144 | 181 | | 3 Effective with Fiscal Year 2007 and thereafter, for a TRS |
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145 | 182 | | 4 benefit recipient selecting a managed care program, 75% of |
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146 | 183 | | 5 the total insurance rate shall be paid from the Teacher |
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147 | 184 | | 6 Health Insurance Security Fund. |
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148 | 185 | | 7 (2) For a TRS benefit recipient selecting the major |
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149 | 186 | | 8 medical coverage program, up to 50% of the total insurance |
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150 | 187 | | 9 rate shall be paid from the Teacher Health Insurance |
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151 | 188 | | 10 Security Fund if a managed care program is accessible, as |
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152 | 189 | | 11 determined by the Teachers' Retirement System. Effective |
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153 | 190 | | 12 with Fiscal Year 2007 and thereafter, for a TRS benefit |
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154 | 191 | | 13 recipient selecting the major medical coverage program, |
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155 | 192 | | 14 50% of the total insurance rate shall be paid from the |
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156 | 193 | | 15 Teacher Health Insurance Security Fund if a managed care |
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157 | 194 | | 16 program is accessible, as determined by the Department of |
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158 | 195 | | 17 Central Management Services. |
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159 | 196 | | 18 (3) For a TRS benefit recipient selecting the major |
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160 | 197 | | 19 medical coverage program, up to 75% of the total insurance |
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161 | 198 | | 20 rate shall be paid from the Teacher Health Insurance |
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162 | 199 | | 21 Security Fund if a managed care program is not accessible, |
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163 | 200 | | 22 as determined by the Teachers' Retirement System. |
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164 | 201 | | 23 Effective with Fiscal Year 2007 and thereafter, for a TRS |
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165 | 202 | | 24 benefit recipient selecting the major medical coverage |
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166 | 203 | | 25 program, 75% of the total insurance rate shall be paid |
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167 | 204 | | 26 from the Teacher Health Insurance Security Fund if a |
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168 | 205 | | |
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169 | 206 | | |
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170 | 207 | | |
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171 | 208 | | |
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172 | 209 | | |
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178 | 215 | | 1 managed care program is not accessible, as determined by |
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179 | 216 | | 2 the Department of Central Management Services. |
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180 | 217 | | 3 (3.1) For a TRS dependent beneficiary who is Medicare |
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181 | 218 | | 4 primary and enrolled in a managed care plan, or the major |
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182 | 219 | | 5 medical coverage program if a managed care plan is not |
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183 | 220 | | 6 available, 25% of the total insurance rate shall be paid |
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184 | 221 | | 7 from the Teacher Health Security Fund as determined by the |
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185 | 222 | | 8 Department of Central Management Services. For the purpose |
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186 | 223 | | 9 of this item (3.1), the term "TRS dependent beneficiary |
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187 | 224 | | 10 who is Medicare primary" means a TRS dependent beneficiary |
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188 | 225 | | 11 who is participating in Medicare Parts A and B. |
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189 | 226 | | 12 (4) Except as otherwise provided in item (3.1), the |
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190 | 227 | | 13 balance of the rate of insurance, including the entire |
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191 | 228 | | 14 premium of any coverage for TRS dependent beneficiaries |
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192 | 229 | | 15 that has been elected, shall be paid by deductions |
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193 | 230 | | 16 authorized by the TRS benefit recipient to be withheld |
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194 | 231 | | 17 from his or her monthly annuity or benefit payment from |
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195 | 232 | | 18 the Teachers' Retirement System; except that (i) if the |
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196 | 233 | | 19 balance of the cost of coverage exceeds the amount of the |
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197 | 234 | | 20 monthly annuity or benefit payment, the difference shall |
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198 | 235 | | 21 be paid directly to the Teachers' Retirement System by the |
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199 | 236 | | 22 TRS benefit recipient, and (ii) all or part of the balance |
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200 | 237 | | 23 of the cost of coverage may, at the school board's option, |
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201 | 238 | | 24 be paid to the Teachers' Retirement System by the school |
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202 | 239 | | 25 board of the school district from which the TRS benefit |
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203 | 240 | | 26 recipient retired, in accordance with Section 10-22.3b of |
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204 | 241 | | |
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205 | 242 | | |
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206 | 243 | | |
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207 | 244 | | |
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208 | 245 | | |
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214 | 251 | | 1 the School Code. The Teachers' Retirement System shall |
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215 | 252 | | 2 promptly deposit all moneys withheld by or paid to it |
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216 | 253 | | 3 under this subdivision (e)(4) into the Teacher Health |
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217 | 254 | | 4 Insurance Security Fund. These moneys shall not be |
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218 | 255 | | 5 considered assets of the Retirement System. |
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219 | 256 | | 6 (5) If, for any month beginning on or after January 1, |
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220 | 257 | | 7 2013, a TRS benefit recipient or TRS dependent beneficiary |
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221 | 258 | | 8 was enrolled in Medicare Parts A and B and such Medicare |
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222 | 259 | | 9 coverage was primary to coverage under this Section but |
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223 | 260 | | 10 payment for coverage under this Section was made at a rate |
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224 | 261 | | 11 greater than the Medicare primary rate published by the |
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225 | 262 | | 12 Department of Central Management Services, the TRS benefit |
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226 | 263 | | 13 recipient or TRS dependent beneficiary shall be eligible |
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227 | 264 | | 14 for a refund equal to the difference between the amount |
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228 | 265 | | 15 paid by the TRS benefit recipient or TRS dependent |
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229 | 266 | | 16 beneficiary and the published Medicare primary rate. To |
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230 | 267 | | 17 receive a refund pursuant to this subsection, the TRS |
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231 | 268 | | 18 benefit recipient or TRS dependent beneficiary must |
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232 | 269 | | 19 provide documentation to the Department of Central |
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233 | 270 | | 20 Management Services evidencing the TRS benefit recipient's |
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234 | 271 | | 21 or TRS dependent beneficiary's Medicare coverage and the |
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235 | 272 | | 22 amount paid by the TRS benefit recipient or TRS dependent |
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236 | 273 | | 23 beneficiary during the applicable time period. |
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237 | 274 | | 24 (f) Financing. Beginning July 1, 1995, all revenues |
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238 | 275 | | 25 arising from the administration of the health benefit programs |
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239 | 276 | | 26 established under Article 16 of the Illinois Pension Code or |
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240 | 277 | | |
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241 | 278 | | |
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242 | 279 | | |
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243 | 280 | | |
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244 | 281 | | |
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250 | 287 | | 1 this Section shall be deposited into the Teacher Health |
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251 | 288 | | 2 Insurance Security Fund, which is hereby created as a |
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252 | 289 | | 3 nonappropriated trust fund to be held outside the State |
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253 | 290 | | 4 Treasury, with the State Treasurer as custodian. Any interest |
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254 | 291 | | 5 earned on moneys in the Teacher Health Insurance Security Fund |
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255 | 292 | | 6 shall be deposited into the Fund. |
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256 | 293 | | 7 Moneys in the Teacher Health Insurance Security Fund shall |
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257 | 294 | | 8 be used only to pay the costs of the health benefit program |
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258 | 295 | | 9 established under this Section, including associated |
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259 | 296 | | 10 administrative costs, and the costs associated with the health |
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260 | 297 | | 11 benefit program established under Article 16 of the Illinois |
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261 | 298 | | 12 Pension Code, as authorized in this Section. Beginning July 1, |
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262 | 299 | | 13 1995, the Department of Central Management Services may make |
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263 | 300 | | 14 expenditures from the Teacher Health Insurance Security Fund |
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264 | 301 | | 15 for those costs. |
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265 | 302 | | 16 After other funds authorized for the payment of the costs |
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266 | 303 | | 17 of the health benefit program established under Article 16 of |
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267 | 304 | | 18 the Illinois Pension Code are exhausted and until January 1, |
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268 | 305 | | 19 1996 (or such later date as may be agreed upon by the Director |
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269 | 306 | | 20 of Central Management Services and the Secretary of the |
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270 | 307 | | 21 Teachers' Retirement System), the Secretary of the Teachers' |
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271 | 308 | | 22 Retirement System may make expenditures from the Teacher |
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272 | 309 | | 23 Health Insurance Security Fund as necessary to pay up to 75% of |
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273 | 310 | | 24 the cost of providing health coverage to eligible benefit |
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274 | 311 | | 25 recipients (as defined in Sections 16-153.1 and 16-153.3 of |
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275 | 312 | | 26 the Illinois Pension Code) who are enrolled in the Article 16 |
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276 | 313 | | |
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277 | 314 | | |
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278 | 315 | | |
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279 | 316 | | |
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280 | 317 | | |
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286 | 323 | | 1 health benefit program and to facilitate the transfer of |
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287 | 324 | | 2 administration of the health benefit program to the Department |
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288 | 325 | | 3 of Central Management Services. |
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289 | 326 | | 4 The Department of Central Management Services, or any |
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290 | 327 | | 5 successor agency designated to procure healthcare contracts |
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291 | 328 | | 6 pursuant to this Act, is authorized to establish funds, |
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292 | 329 | | 7 separate accounts provided by any bank or banks as defined by |
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293 | 330 | | 8 the Illinois Banking Act, or separate accounts provided by any |
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294 | 331 | | 9 savings and loan association or associations as defined by the |
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295 | 332 | | 10 Illinois Savings and Loan Act of 1985 to be held by the |
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296 | 333 | | 11 Director, outside the State treasury, for the purpose of |
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297 | 334 | | 12 receiving the transfer of moneys from the Teacher Health |
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298 | 335 | | 13 Insurance Security Fund. The Department may promulgate rules |
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299 | 336 | | 14 further defining the methodology for the transfers. Any |
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300 | 337 | | 15 interest earned by moneys in the funds or accounts shall inure |
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301 | 338 | | 16 to the Teacher Health Insurance Security Fund. The transferred |
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302 | 339 | | 17 moneys, and interest accrued thereon, shall be used |
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303 | 340 | | 18 exclusively for transfers to administrative service |
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304 | 341 | | 19 organizations or their financial institutions for payments of |
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305 | 342 | | 20 claims to claimants and providers under the self-insurance |
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306 | 343 | | 21 health plan. The transferred moneys, and interest accrued |
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307 | 344 | | 22 thereon, shall not be used for any other purpose including, |
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308 | 345 | | 23 but not limited to, reimbursement of administration fees due |
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309 | 346 | | 24 the administrative service organization pursuant to its |
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310 | 347 | | 25 contract or contracts with the Department. |
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311 | 348 | | 26 (g) Contract for benefits. The Director shall by contract, |
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312 | 349 | | |
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313 | 350 | | |
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314 | 351 | | |
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315 | 352 | | |
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316 | 353 | | |
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322 | 359 | | 1 self-insurance, or otherwise make available the program of |
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323 | 360 | | 2 health benefits for TRS benefit recipients and their TRS |
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324 | 361 | | 3 dependent beneficiaries that is provided for in this Section. |
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325 | 362 | | 4 The contract or other arrangement for the provision of these |
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326 | 363 | | 5 health benefits shall be on terms deemed by the Director to be |
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327 | 364 | | 6 in the best interest of the State of Illinois and the TRS |
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328 | 365 | | 7 benefit recipients based on, but not limited to, such criteria |
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329 | 366 | | 8 as administrative cost, service capabilities of the carrier or |
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330 | 367 | | 9 other contractor, and the costs of the benefits. |
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331 | 368 | | 10 (g-5) Committee. A Teacher Retirement Insurance Program |
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332 | 369 | | 11 Committee shall be established, to consist of 10 persons |
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333 | 370 | | 12 appointed by the Governor. |
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334 | 371 | | 13 The Committee shall convene at least 4 times each year, |
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335 | 372 | | 14 and shall consider and make recommendations on issues |
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336 | 373 | | 15 affecting the program of health benefits provided under this |
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337 | 374 | | 16 Section. Recommendations of the Committee shall be based on a |
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338 | 375 | | 17 consensus of the members of the Committee. |
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339 | 376 | | 18 If the Teacher Health Insurance Security Fund experiences |
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340 | 377 | | 19 a deficit balance based upon the contribution and subsidy |
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341 | 378 | | 20 rates established in this Section and Section 6.6 for Fiscal |
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342 | 379 | | 21 Year 2008 or thereafter, the Committee shall make |
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343 | 380 | | 22 recommendations for adjustments to the funding sources |
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344 | 381 | | 23 established under these Sections. |
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345 | 382 | | 24 In addition, the Committee shall identify proposed |
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346 | 383 | | 25 solutions to the funding shortfalls that are affecting the |
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347 | 384 | | 26 Teacher Health Insurance Security Fund, and it shall report |
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348 | 385 | | |
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349 | 386 | | |
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350 | 387 | | |
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351 | 388 | | |
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352 | 389 | | |
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356 | | - | HB4972 Engrossed- 11 -LRB103 37243 MXP 67363 b HB4972 Engrossed - 11 - LRB103 37243 MXP 67363 b |
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357 | | - | HB4972 Engrossed - 11 - LRB103 37243 MXP 67363 b |
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| 393 | + | HB4972- 11 -LRB103 37243 MXP 67363 b HB4972 - 11 - LRB103 37243 MXP 67363 b |
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| 394 | + | HB4972 - 11 - LRB103 37243 MXP 67363 b |
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| 395 | + | 1 those solutions to the Governor and the General Assembly |
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| 396 | + | 2 within 6 months after August 15, 2011 (the effective date of |
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| 397 | + | 3 Public Act 97-386). |
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| 398 | + | 4 (h) Continuation of program. It is the intention of the |
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| 399 | + | 5 General Assembly that the program of health benefits provided |
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| 400 | + | 6 under this Section be maintained on an ongoing, affordable |
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| 401 | + | 7 basis. |
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| 402 | + | 8 The program of health benefits provided under this Section |
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| 403 | + | 9 may be amended by the State and is not intended to be a pension |
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| 404 | + | 10 or retirement benefit subject to protection under Article |
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| 405 | + | 11 XIII, Section 5 of the Illinois Constitution. |
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| 406 | + | 12 (i) Repeal. (Blank). |
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| 407 | + | 13 (j) At least 120 days prior to making any changes to the |
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| 408 | + | 14 benefits allowed under this Section, the Department shall post |
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| 409 | + | 15 those changes on its website and shall submit the planned |
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| 410 | + | 16 changes to the Commission on Government Forecasting and |
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| 411 | + | 17 Accountability. |
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| 412 | + | 18 (Source: P.A. 101-483, eff. 1-1-20; 102-210, eff. 7-30-21.) |
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| 413 | + | 19 (5 ILCS 375/6.6) |
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| 414 | + | 20 Sec. 6.6. Contributions to the Teacher Health Insurance |
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| 415 | + | 21 Security Fund. |
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| 416 | + | 22 (a) Beginning July 1, 1995, all active contributors of the |
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| 417 | + | 23 Teachers' Retirement System (established under Article 16 of |
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| 418 | + | 24 the Illinois Pension Code) who are not employees of a |
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| 419 | + | 25 department as defined in Section 3 of this Act shall make |
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363 | | - | HB4972 Engrossed - 11 - LRB103 37243 MXP 67363 b |
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| 425 | + | HB4972 - 11 - LRB103 37243 MXP 67363 b |
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| 426 | + | |
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| 427 | + | |
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| 428 | + | HB4972- 12 -LRB103 37243 MXP 67363 b HB4972 - 12 - LRB103 37243 MXP 67363 b |
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| 429 | + | HB4972 - 12 - LRB103 37243 MXP 67363 b |
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| 430 | + | 1 contributions toward the cost of annuitant and survivor health |
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| 431 | + | 2 benefits. These contributions shall be at the following rates: |
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| 432 | + | 3 until January 1, 2002, 0.5% of salary; beginning January 1, |
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| 433 | + | 4 2002, 0.65% of salary; beginning July 1, 2003, 0.75% of |
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| 434 | + | 5 salary; beginning July 1, 2005, 0.80% of salary; beginning |
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| 435 | + | 6 July 1, 2007, a percentage of salary to be determined by the |
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| 436 | + | 7 Department of Central Management Services by rule, which in |
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| 437 | + | 8 each fiscal year shall not exceed 105% of the percentage of |
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| 438 | + | 9 salary actually required to be paid in the previous fiscal |
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| 439 | + | 10 year. |
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| 440 | + | 11 These contributions shall be deducted by the employer and |
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| 441 | + | 12 paid to the System as service agent for the Department of |
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| 442 | + | 13 Central Management Services. The System may use the same |
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| 443 | + | 14 processes for collecting the contributions required by this |
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| 444 | + | 15 subsection that it uses to collect contributions received from |
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| 445 | + | 16 school districts and other covered employers under Sections |
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| 446 | + | 17 16-154 and 16-155 of the Illinois Pension Code. |
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| 447 | + | 18 An employer may agree to pick up or pay the contributions |
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| 448 | + | 19 required under this subsection on behalf of the teacher; such |
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| 449 | + | 20 contributions shall be deemed to have to have been paid by the |
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| 450 | + | 21 teacher. Beginning January 1, 2002, if the employer does not |
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| 451 | + | 22 directly pay the required member contribution, then the |
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| 452 | + | 23 employer shall reduce the member's salary by an amount equal |
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| 453 | + | 24 to the required contribution and shall then pay the |
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| 454 | + | 25 contribution on behalf of the member. This reduction shall not |
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| 455 | + | 26 change the amounts reported as creditable earnings to the |
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| 456 | + | |
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| 457 | + | |
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| 458 | + | |
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| 459 | + | |
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| 460 | + | |
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| 461 | + | HB4972 - 12 - LRB103 37243 MXP 67363 b |
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| 462 | + | |
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| 463 | + | |
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| 464 | + | HB4972- 13 -LRB103 37243 MXP 67363 b HB4972 - 13 - LRB103 37243 MXP 67363 b |
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| 465 | + | HB4972 - 13 - LRB103 37243 MXP 67363 b |
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| 466 | + | 1 Teachers' Retirement System. |
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| 467 | + | 2 A person who purchases optional service credit under |
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| 468 | + | 3 Article 16 of the Illinois Pension Code for a period after June |
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| 469 | + | 4 30, 1995 must also make a contribution under this subsection |
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| 470 | + | 5 for that optional credit, at the rate provided in subsection |
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| 471 | + | 6 (a), based on the salary used in computing the optional |
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| 472 | + | 7 service credit, plus interest on this employee contribution. |
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| 473 | + | 8 This contribution shall be collected by the System as service |
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| 474 | + | 9 agent for the Department of Central Management Services. The |
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| 475 | + | 10 contribution required under this subsection for the optional |
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| 476 | + | 11 service credit must be paid in full before any annuity based on |
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| 477 | + | 12 that credit begins. |
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| 478 | + | 13 (a-5) Beginning January 1, 2002, every employer of a |
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| 479 | + | 14 teacher (other than an employer that is a department as |
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| 480 | + | 15 defined in Section 3 of this Act) shall pay an employer |
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| 481 | + | 16 contribution toward the cost of annuitant and survivor health |
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| 482 | + | 17 benefits. These contributions shall be computed as follows: |
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| 483 | + | 18 (1) Beginning January 1, 2002 through June 30, 2003, |
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| 484 | + | 19 the employer contribution shall be equal to 0.4% of each |
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| 485 | + | 20 teacher's salary. |
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| 486 | + | 21 (2) Beginning July 1, 2003, the employer contribution |
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| 487 | + | 22 shall be equal to 0.5% of each teacher's salary. |
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| 488 | + | 23 (3) Beginning July 1, 2005, the employer contribution |
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| 489 | + | 24 shall be equal to 0.6% of each teacher's salary. |
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| 490 | + | 25 (4) Beginning July 1, 2007, the employer contribution |
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| 491 | + | 26 shall be a percentage of each teacher's salary to be |
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| 492 | + | |
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| 493 | + | |
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| 494 | + | |
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| 495 | + | |
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| 496 | + | |
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| 497 | + | HB4972 - 13 - LRB103 37243 MXP 67363 b |
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| 498 | + | |
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| 499 | + | |
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| 500 | + | HB4972- 14 -LRB103 37243 MXP 67363 b HB4972 - 14 - LRB103 37243 MXP 67363 b |
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| 501 | + | HB4972 - 14 - LRB103 37243 MXP 67363 b |
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| 502 | + | 1 determined by the Department of Central Management |
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| 503 | + | 2 Services by rule, which in each fiscal year shall not |
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| 504 | + | 3 exceed 105% of the percentage of each teacher's salary |
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| 505 | + | 4 actually required to be paid in the previous fiscal year. |
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| 506 | + | 5 These contributions shall be paid by the employer to the |
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| 507 | + | 6 System as service agent for the Department of Central |
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| 508 | + | 7 Management Services. The System may use the same processes for |
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| 509 | + | 8 collecting the contributions required by this subsection that |
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| 510 | + | 9 it uses to collect contributions received from school |
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| 511 | + | 10 districts and other covered employers under the Illinois |
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| 512 | + | 11 Pension Code. |
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| 513 | + | 12 The school district or other employing unit may pay these |
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| 514 | + | 13 employer contributions out of any source of funding available |
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| 515 | + | 14 for that purpose and shall forward the contributions to the |
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| 516 | + | 15 System on the schedule established for the payment of member |
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| 517 | + | 16 contributions. |
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| 518 | + | 17 (b) The Teachers' Retirement System shall promptly deposit |
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| 519 | + | 18 all moneys collected under subsections (a) and (a-5) of this |
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| 520 | + | 19 Section into the Teacher Health Insurance Security Fund |
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| 521 | + | 20 created in Section 6.5 of this Act. The moneys collected under |
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| 522 | + | 21 this Section shall be used only for the purposes authorized in |
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| 523 | + | 22 Section 6.5 of this Act and shall not be considered to be |
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| 524 | + | 23 assets of the Teachers' Retirement System. Contributions made |
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| 525 | + | 24 under this Section are not transferable to other pension funds |
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| 526 | + | 25 or retirement systems and are not refundable upon termination |
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| 527 | + | 26 of service. |
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| 528 | + | |
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| 529 | + | |
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| 530 | + | |
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| 531 | + | |
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| 532 | + | |
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| 533 | + | HB4972 - 14 - LRB103 37243 MXP 67363 b |
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| 534 | + | |
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| 535 | + | |
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| 536 | + | HB4972- 15 -LRB103 37243 MXP 67363 b HB4972 - 15 - LRB103 37243 MXP 67363 b |
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| 537 | + | HB4972 - 15 - LRB103 37243 MXP 67363 b |
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| 538 | + | 1 (c) On or before November 15 of each year, the Board of |
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| 539 | + | 2 Trustees of the Teachers' Retirement System shall certify to |
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| 540 | + | 3 the Governor, the Director of Central Management Services, and |
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| 541 | + | 4 the State Comptroller its estimate of the total amount of |
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| 542 | + | 5 contributions to be paid under subsection (a) of this Section |
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| 543 | + | 6 6.6 for the next fiscal year. The amount certified shall be |
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| 544 | + | 7 decreased or increased each year by the amount that the actual |
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| 545 | + | 8 active teacher contributions either fell short of or exceeded |
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| 546 | + | 9 the estimate used by the Board in making the certification for |
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| 547 | + | 10 the previous fiscal year. The certification shall include a |
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| 548 | + | 11 detailed explanation of the methods and information that the |
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| 549 | + | 12 Board relied upon in preparing its estimate. As soon as |
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| 550 | + | 13 possible after the effective date of this amendatory Act of |
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| 551 | + | 14 the 92nd General Assembly, the Board shall recalculate and |
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| 552 | + | 15 recertify its certifications for fiscal years 2002 and 2003. |
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| 553 | + | 16 (d) Beginning in fiscal year 1996, on the first day of each |
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| 554 | + | 17 month, or as soon thereafter as may be practical, the State |
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| 555 | + | 18 Treasurer and the State Comptroller shall transfer from the |
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| 556 | + | 19 General Revenue Fund to the Teacher Health Insurance Security |
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| 557 | + | 20 Fund 1/12 of the annual amount appropriated for that fiscal |
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| 558 | + | 21 year to the State Comptroller for deposit into the Teacher |
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| 559 | + | 22 Health Insurance Security Fund under Section 1.3 of the State |
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| 560 | + | 23 Pension Funds Continuing Appropriation Act. |
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| 561 | + | 24 (e) Except where otherwise specified in this Section, the |
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| 562 | + | 25 definitions that apply to Article 16 of the Illinois Pension |
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| 563 | + | 26 Code apply to this Section. |
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| 564 | + | |
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| 565 | + | |
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| 566 | + | |
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| 567 | + | |
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| 568 | + | |
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| 569 | + | HB4972 - 15 - LRB103 37243 MXP 67363 b |
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| 570 | + | |
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| 571 | + | |
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| 572 | + | HB4972- 16 -LRB103 37243 MXP 67363 b HB4972 - 16 - LRB103 37243 MXP 67363 b |
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| 573 | + | HB4972 - 16 - LRB103 37243 MXP 67363 b |
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| 574 | + | |
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| 575 | + | |
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| 576 | + | |
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| 577 | + | |
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| 578 | + | |
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| 579 | + | HB4972 - 16 - LRB103 37243 MXP 67363 b |
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