Illinois House Bill 3075 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on January 8 2013 - 100% progression
Action: 2013-01-08 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]

Amends the Illinois Pension Code. Provides that a member or participant who first becomes a member of one of the specified pension or retirement systems on or after January 1, 2011 is entitled to a retirement annuity upon written application if he or she has attained age 62 (rather than 67), has at least 10 years of service credit, and is otherwise eligible under the requirements of the applicable Article. Provides that if such a person has attained age 57 (rather than 62), has at least 10 years of service credit, and is otherwise eligible under the requirements of the applicable Article, then he or she may elect to retire early and receive a lower retirement annuity. Exempts these benefit changes from the new benefit increase provisions added by Public Act 94-4 in each of the affected Articles. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

PEN CD-NEW HIRE-RETIREMENT AGE

Rep. Daniel Beiser [D]

Date	Chamber	Action
2013-01-08	House	Session Sine Die
2011-03-17	House	Rule 19(a) / Re-referred to Rules Committee
2011-02-28	House	Assigned to Personnel and Pensions Committee
2011-02-23	House	Referred to Rules Committee
2011-02-23	House	First Reading
2011-02-23	House	Filed with the Clerk by Rep. Daniel V. Beiser

Chapter	Article	Section	Citation Type	Statute Text
30	805	8.35	New Code	See Bill Text
40	5	1-160	Amended Code	Citation Text
40	5	14-152.1	Amended Code	Citation Text
40	5	15-198	Amended Code	Citation Text
40	5	16-203	Amended Code	Citation Text

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=3075&GAID=11&DocTypeID=HB&SessionID=84&GA=97
Text	https://www.ilga.gov/legislation/97/HB/09700HB3075.htm