IL HB4508 | 2023-2024 | 103rd General Assembly

Status

Spectrum: Partisan Bill (Democrat 2-0)
Status: Engrossed on April 18 2024 - 50% progression
Action: 2024-04-19 - Referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Engrossed) [HTML]

Summary

Amends the Illinois Pension Code. Provides that the Retirement Systems Reciprocal Act (Article 20 of the Code) is adopted and made a part of the Downstate Police Article, but only with respect to a person who, on or after the effective date of the amendatory Act, is entitled under those Articles or through a participating system under the Retirement Systems Reciprocal Act to begin receiving a retirement annuity or survivor's annuity and who elects to proceed under the Retirement Systems Reciprocal Act. In the State Universities Article, provides that a Tier 2 member who has at least 20 years of service in the System as a police officer is entitled to a retirement annuity upon written application on or after the attainment of age 55 (instead of age 60) if a specified rule is applicable to the participant. Provides that any benefit increase that results from the amendatory Act is excluded from the definition of "new benefit increase". Amends the State Mandates Act to require implementation without reimbursement.

Tracking Information

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Title

PENCD-SURS&DNST POLICE-VARIOUS

Sponsors


Roll Calls

2024-04-18 - House - Third Reading in House (Y: 101 N: 11 NV: 2 Abs: 1) [PASS]

History

DateChamberAction
2024-04-19SenateReferred to Assignments
2024-04-19SenateFirst Reading
2024-04-19SenateChief Senate Sponsor Sen. Robert F. Martwick
2024-04-19SenatePlaced on Calendar Order of First Reading
2024-04-19SenateArrive in Senate
2024-04-18HouseThird Reading - Short Debate - Passed 101-011-000
2024-04-12HousePlaced on Calendar Order of 3rd Reading - Short Debate
2024-04-12HouseSecond Reading - Short Debate
2024-04-04HousePlaced on Calendar 2nd Reading - Short Debate
2024-04-04HouseDo Pass as Amended / Short Debate Personnel & Pensions Committee; 007-004-000
2024-04-04HouseHouse Committee Amendment No. 1 Adopted in Personnel & Pensions Committee; by Voice Vote
2024-03-27HouseHouse Committee Amendment No. 1 Rules Refers to Personnel & Pensions Committee
2024-03-21HouseHouse Committee Amendment No. 1 Referred to Rules Committee
2024-03-21HouseHouse Committee Amendment No. 1 Filed with Clerk by Rep. Stephanie A. Kifowit
2024-02-28HouseAssigned to Personnel & Pensions Committee
2024-01-31HouseReferred to Rules Committee
2024-01-31HouseFirst Reading
2024-01-18HouseFiled with the Clerk by Rep. Stephanie A. Kifowit

Code Citations

ChapterArticleSectionCitation TypeStatute Text
308058.48New CodeSee Bill Text
40515-135Amended CodeCitation Text
40515-198Amended CodeCitation Text
4053-144.3New CodeSee Bill Text

Illinois State Sources


Bill Comments

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