teacher/poet/musician glen brown: While You Were Sleeping: HB 6209 & HB 6210 were filed by Representative Elaine Nekritz

29 Sep

HB 6209 Synopsis As Introduced

Amends the General Provision, General Assembly, State Employee, State Universities, and Downstate Teachers Articles of the Illinois Pension Code. Provides that Tier I employees and Tier I retirees must make an irrevocable election either: (1) to accept changes in eligibility for, and the amount of, automatic annual increases in retirement annuity or (2) to avoid those changes. Provides that a person who elects the first choice may have any future increases in income included as compensation and is entitled to certain healthcare benefits. Provides that a person who elects the second choice forgoes those benefits. Prohibits departments from offering to a person who elects the second choice any future increase in income in a form that would constitute compensation. Requires the System to provide information describing the consequences of making the election. Provides that, for an employee who first becomes a participant on or after the effective date of the amendatory Act, “compensation” does not include any payments for travel vouchers that are submitted late. Defines “future increase in income”, “Tier I employee”, and “Tier I retiree”. More…

via teacher/poet/musician glen brown: While You Were Sleeping: HB 6209 & HB 6210 were filed by Representative Elaine Nekritz.

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