IL HB2016 | 2011-2012 | 97th General Assembly

Status

Completed Legislative Action
Sponsorship: Partisan Bill (Republican 1)
Status: Failed on January 8 2013 - 100% progression
Action: 2013-01-08 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the General Assembly Article of the Illinois Pension Code. Provides that active participants who first became participants in the fund before January 1, 2011 shall, for periods of service on and after the effective date of the amendatory Act, be eligible only for the benefits provided to participants who first became participants on or after January 1, 2011. Specifies that the retirement annuities of active participants who were participants in the fund before January 1, 2011 shall be calculated based on a weighted average of the benefits earned before and after the effective date of the amendatory Act.

Tracking Information

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Title

PEN CD-BLENDED PENSIONS

Sponsors


History

DateChamberAction
2013-01-08HouseSession Sine Die
2011-03-17HouseRule 19(a) / Re-referred to Rules Committee
2011-02-23HouseAssigned to Personnel and Pensions Committee
2011-02-17HouseReferred to Rules Committee
2011-02-17HouseFirst Reading
2011-02-17HouseFiled with the Clerk by Rep. Dave Winters

Code Citations

ChapterArticleSectionCitation TypeStatute Text
4052-163New CodeSee Bill Text

Illinois State Sources


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