Illinois House Bill 1645

---

Spectrum: Partisan Bill (Republican 2-0)
Status: Introduced on February 1 2023 - 25% progression
Action: 2023-03-16 - Added Co-Sponsor Rep. Chris Miller
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]

Amends the Illinois Pension Code. Provides that the total amount of the retirement annuity or pension benefits a person may receive from any pension fund or retirement system under the Code in any year shall not exceed $132,900; however, that amount shall annually thereafter be increased by the percentage increase (but not less than zero) in the consumer price index-u for the 12 months ending with the September preceding each November 1, including all previous adjustments. Provides that the changes apply without regard to whether a person became a member, participant, beneficiary, or annuitant before the effective date of the amendatory Act. Effective immediately.

PENCD-RETIREMENT ANNUITY LIMIT

Rep. Blaine Wilhour [R]

Rep. Chris Miller [R]

Date	Chamber	Action
2023-03-16	House	Added Co-Sponsor Rep. Chris Miller
2023-02-01	House	Referred to Rules Committee
2023-02-01	House	First Reading
2023-02-01	House	Filed with the Clerk by Rep. Blaine Wilhour

Chapter	Article	Section	Citation Type	Statute Text
40	5	1-163	New Code	See Bill Text

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=1645&GAID=17&DocTypeID=HB&SessionID=112&GA=103
Text	https://www.ilga.gov/legislation/103/HB/10300HB1645.htm