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1 | AN ACT concerning public employee benefits.
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2 | Be it enacted by the People of the State of Illinois,
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3 | represented in the General Assembly:
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4 | Section 5. The Illinois Pension Code is amended by changing | ||||||||||||||||||||||||
5 | Section 6-229 as follows:
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6 | (40 ILCS 5/6-229) | ||||||||||||||||||||||||
7 | Sec. 6-229. Provisions applicable to new hires. | ||||||||||||||||||||||||
8 | (a) Notwithstanding any other provision of this Article,
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9 | the provisions of this Section apply to a person who first
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10 | becomes a fireman under this Article on or after January 1, | ||||||||||||||||||||||||
11 | 2011. | ||||||||||||||||||||||||
12 | (b) A fireman age 55 or more who has 10 or more years of | ||||||||||||||||||||||||
13 | service in that capacity shall be entitled at his or her option | ||||||||||||||||||||||||
14 | to receive a monthly retirement annuity for his or her service | ||||||||||||||||||||||||
15 | as a fireman computed by multiplying 2.5% for each year of such | ||||||||||||||||||||||||
16 | service by his or her final average salary. | ||||||||||||||||||||||||
17 | The retirement annuity of a fireman who is retiring after | ||||||||||||||||||||||||
18 | attaining age 50 with 10 or more years of creditable service | ||||||||||||||||||||||||
19 | shall be reduced by one-half of 1% for each month that the | ||||||||||||||||||||||||
20 | fireman's age is under age 55. | ||||||||||||||||||||||||
21 | The maximum retirement annuity under this subsection (b) | ||||||||||||||||||||||||
22 | shall be 75%
of final average salary. | ||||||||||||||||||||||||
23 | For the purposes of this subsection (b), "final average |
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1 | salary" means the average monthly salary obtained by dividing | ||||||
2 | the total salary of the fireman during the 96 consecutive | ||||||
3 | months of service within the last 120 months of service in | ||||||
4 | which the total salary was the highest by the number of months | ||||||
5 | of service in that period. | ||||||
6 | Beginning on January 1, 2011, for all purposes under
this | ||||||
7 | Code (including without limitation the calculation of
benefits | ||||||
8 | and employee contributions), the annual salary
based on the | ||||||
9 | plan year of a member or participant to whom this Section | ||||||
10 | applies shall not exceed $106,800; however, that amount shall | ||||||
11 | annually thereafter be increased by the lesser of (i) 3% of | ||||||
12 | that amount, including all previous adjustments, or (ii) | ||||||
13 | one-half the annual unadjusted percentage increase (but not | ||||||
14 | less than zero) in the consumer price index-u for the 12 months | ||||||
15 | ending with the September preceding each November 1, including | ||||||
16 | all previous adjustments. | ||||||
17 | (c) Notwithstanding any other provision of this Article, | ||||||
18 | for a person who first becomes a fireman under this Article on | ||||||
19 | or after January 1, 2011, the annuity to which the surviving | ||||||
20 | spouse, children, or parents are entitled under this subsection | ||||||
21 | (c) shall be in the amount of 66 2/3% of the fireman's earned | ||||||
22 | pension at the date of death. | ||||||
23 | Notwithstanding any other provision of this Article, the | ||||||
24 | monthly annuity
of a survivor of a person who first becomes a | ||||||
25 | fireman under this Article on or after January 1, 2011 shall be | ||||||
26 | increased on the January 1 after attainment of age 60 by the |
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1 | recipient of the survivor's pension and
each January 1 | ||||||
2 | thereafter by 3% or one-half the annual unadjusted percentage | ||||||
3 | increase in the consumer price index-u for the
12 months ending | ||||||
4 | with September preceding each November 1, whichever is less, of | ||||||
5 | the originally granted survivor's annuity. If the annual | ||||||
6 | unadjusted percentage change in
the consumer price index-u for | ||||||
7 | a 12-month period ending in September is zero or, when compared | ||||||
8 | with the preceding period, decreases, then the annuity shall | ||||||
9 | not
be increased.
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10 | (d) Notwithstanding the provisions of subsection (c) of | ||||||
11 | this Section: | ||||||
12 | (1) Any surviving spouse of a deceased fireman shall be | ||||||
13 | paid an amount no less than the amount of the minimum | ||||||
14 | widow's annuity, as provided for in Section 6-128.4. | ||||||
15 | (2) If the deceased fireman was an active fireman at | ||||||
16 | the time of his or her death and had completed at least 10 | ||||||
17 | years of creditable service, the widow's annuity shall be | ||||||
18 | the greater of (i) 30% of the salary attached to the rank | ||||||
19 | of first class firefighter in the classified career service | ||||||
20 | at the time of the fireman's death, or (ii) 66 2/3% of the | ||||||
21 | retirement annuity that the deceased fireman would have | ||||||
22 | been eligible to receive under subsection (b) of this | ||||||
23 | Section, based upon the actual service accrued through the | ||||||
24 | day before the fireman's death and as if the fireman had | ||||||
25 | attained age 55 on the day before his or her death and | ||||||
26 | retired on that day. |
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1 | The provisions of this subsection (d) shall apply without | ||||||
2 | regard to whether the death of the deceased fireman may have | ||||||
3 | occurred prior to the effective date of this amendatory Act of | ||||||
4 | the 99th General Assembly. | ||||||
5 | (e) Notwithstanding the provisions of subsections (c) and | ||||||
6 | (d) of this Section, the annuity for a surviving spouse of a | ||||||
7 | fireman whose death results from the performance of an act or | ||||||
8 | acts of duty shall be an amount as provided for in Section | ||||||
9 | 6-140 of this Article, without regard to the fact that the | ||||||
10 | death of the deceased fireman may have occurred prior to the | ||||||
11 | effective date of this amendatory Act. | ||||||
12 | Notwithstanding any other provisions of this Article, any | ||||||
13 | annuity provided for in this subsection (e) shall be subject to | ||||||
14 | the provisions of Sections 6-142, 6-143, and 6-143.2. | ||||||
15 | (f) Notwithstanding any other provision of this Article, | ||||||
16 | (i) each child of a deceased fireman shall be paid a child's | ||||||
17 | annuity subject to the conditions in Section 6-147 and as | ||||||
18 | provided for in Section 6-148; and (ii) eligibility for a | ||||||
19 | parent's annuity, as provided for in Section 6-149, shall not | ||||||
20 | be denied to the parent of a deceased fireman because the | ||||||
21 | parent's child first became a fireman on or after January 1, | ||||||
22 | 2011. Benefits under this subsection (f) shall be paid without | ||||||
23 | regard to the fact that the death of the deceased fireman may | ||||||
24 | have occurred prior to the effective date of this amendatory | ||||||
25 | Act. | ||||||
26 | (g) For the purposes of Section 1-103.1 of this Code, the |
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1 | changes to this Section made by this amendatory Act of the 99th | ||||||
2 | General Assembly apply without regard to whether the fireman | ||||||
3 | was in service on or after the effective date of this | ||||||
4 | amendatory Act. | ||||||
5 | (Source: P.A. 96-1495, eff. 1-1-11.)
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6 | Section 99. Effective date. This Act takes effect upon | ||||||
7 | becoming law.
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