Bill > SB1070

This bill makes a technical amendment to Section 14-119 of the Illinois Pension Code regarding widow's annuities, which are monthly payments made to the surviving spouse of a state employee. The bill appears to be making a minor technical correction, specifically removing and reinserting the word "The" at the beginning of a paragraph describing how the widow's annuity is calculated. The existing law stipulates that a widow's annuity shall be 50% of the retirement annuity payable to the member at the time of their death, with potential increases if the widow has children under specific age requirements. The bill also maintains existing provisions about Social Security benefit offsets, including rules about when such offsets can be applied and options for employees to reduce their retirement annuity to eliminate these offsets. Additionally, the bill preserves existing provisions about annuity increases based on the length of time since the annuity began and provides for potential increases on January 1st of each year. While the change appears to be primarily technical in nature, it ensures the continued clarity and precision of the pension code's language regarding widow's annuities.

Government Affairs

https://www.ilga.gov/legislation/BillStatus.asp?DocNum=1070&GAID=18&DocTypeID=SB&SessionID=114&GA=104