IL Code | §40-5-14-131 | Current

StateBillSummary/TitleLast Actionsort icon
ILSB2404Amends the Budget Stabilization Act. Provides for transfers from the General Revenue Fund to the Pension Stabilization Fund according to a specified schedule beginning in FY 2016 and continuing until FY 2045 or until the retirement funds have achieve...
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2013-05-21
ILHB1277Amends the Illinois Pension Code. In the current funding provisions of the 5 State-funded retirement systems, changes the actuarial cost method from "projected unit credit" to "entry age normal". Effective immediately.
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2013-05-10
Rule 2-10 Committee Deadline Established As May 31, 2013
ILHB3162Amends the Budget Stabilization Act. Provides for transfers from the General Revenue Fund to the Pension Stabilization Fund according to a specified schedule beginning in FY 2016 and continuing until FY 2045 or until the retirement funds have achieve...
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2013-05-07
ILSB0001Amends the General Provisions, General Assembly, Illinois Municipal Retirement Fund (IMRF), State Employee, State Universities, Downstate Teacher, and Judges Articles of the Illinois Pension Code. Contains a Part A, which is intended by the General A...
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2013-05-06
Placed on Calendar Order of Concurrence House Amendment(s) 1, 3 - May 7, 2013
ILHB3411Amends the General Provisions, General Assembly, State Employee, State Universities, and Downstate Teacher Articles of the Illinois Pension Code. In the Downstate Teacher and State Universities Articles, creates a Tier 3 composite defined-benefit, de...
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2013-04-19
ILSB2203Amends the Illinois Pension Code. For the 5 State-funded retirement systems, requires the Board to follow the State Actuary's recommendations when making the final certification of the annual required State contribution. Changes the funding formula t...
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2013-04-16
ILHB0098Amends the General Provisions, General Assembly, State Employee, State Universities, and Downstate Teacher Articles of the Illinois Pension Code. In the General Provisions Article, creates a cash balance plan for new hires of the State Universities a...
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2013-03-22
ILHB1266Amends the Illinois Pension Code. Increases the prescribed funding ratio for the 5 State-funded retirement systems from 90% to 100%. Makes corresponding changes in the funding formula for each system. Effective immediately.
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2013-03-22
ILSB2368Amends the Illinois Pension Code. In the 5 State-funded retirement systems: (1) increases employee contributions; (2) decreases the annual increase in retirement annuities; (3) adds funding guarantee language and authorizes a mandamus action against ...
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2013-03-22
ILHB1271Amends the Illinois Pension Code. Creates a Tier III benefit package applicable to persons who first begin participating in one of the State-funded retirement systems on or after July 1, 2014. Provides for retirement benefits and certain employee con...
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2013-03-22
ILHB2228Amends the General Provisions, General Assembly, Illinois Municipal Retirement Fund (IMRF), State Employee, State Universities, Downstate Teacher, and Judges Articles of the Illinois Pension Code. In the General Assembly, State Employee, State Univer...
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2013-03-22
ILHB2365Amends the Budget Stabilization Act. Makes changes concerning transfers from the General Revenue Fund to the Pension Stabilization Fund. Amends the General Assembly, State Employees, State Universities, Downstate Teachers, and Judges Articles of the ...
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2013-03-22
ILHB2375Amends the State Employees Group Insurance Act of 1971. Provides that, beginning in State fiscal year 2014, a member who is eligible for medicare shall pay the full premium amount for his or her healthcare coverage under the Act. Amends the Illinois ...
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2013-03-22
ILHB2746Amends the Property Tax Code to impose a 3-year freeze on tax levies by school districts and community college districts. Amends the School Code and the Public Community College Act to make conforming changes. Amends the Illinois Pension Code. In the...
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2013-03-22
ILHB3130Amends the Budget Stabilization Act. Provides for the transfer of $1 billion from the General Revenue Fund to the Pension Stabilization Fund in 2020 and each fiscal year thereafter. Provides for the termination of those transfers in State fiscal year...
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2013-03-22
ILHB3303Amends the Illinois Pension Code. With respect to the 5 State-funded retirement systems: Provides a new funding formula for State contributions, with a 100% funding goal and amortization calculated on a level dollar amount. Provides that no additiona...
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2013-03-22
ILSB0035Amends the General Provisions, General Assembly, State Employee, State Universities, and Downstate Teacher Articles of the Illinois Pension Code. In the General Provisions Article, creates a cash balance plan for new hires of the State Universities a...
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2013-03-20
Third Reading - Lost; 023-030-003
ILHB0096Amends the State Employees Group Insurance Act of 1971. Shifts the costs of health insurance coverage for future employees of certain higher education institutions from the State to those higher education institutions. Creates a new health benefit pr...
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2013-02-19
Tabled
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