IL HB3162 | 2013-2014 | 98th General Assembly

Illinois House Bill 3162 (Prior Session Legislation)

Status

Completed Legislative Action
Spectrum: Bipartisan Bill
Status: Failed on December 3 2014 - 100% progression
Action: 2014-12-03 - Session Sine Die
Text: Latest bill text (Amended) [HTML]

Summary

Amends 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 achieved a 100% funding ratio, whichever is earlier. Amends the General Assembly, State Employee, State Universities and Downstate Teacher Articles of the Illinois Pension Code. Changes the manner in which the annual required State contribution is calculated so that the affected systems are 100% funded by 2045. Provides that employee contributions to the retirement systems are increased an additional 1% on July 1, 2013 and 2% on July 1, 2014. Provides that the State is contractually obligated to each retirement plan participant and retiree to provide funding to the retirement systems according to the specified amortization schedule beginning in FY 2016 and continuing until FY 2045 or until the retirement funds have achieved a 100% funding ratio, whichever is earlier, in addition to the annual required State contribution certified by the Board for each fiscal year. Provides that each retirement system has the right to bring a mandamus action against the State to compel the State to make any installment of the annual required State contribution certified by the Board and the transfers required under the Budget Stabilization Act. Provides that if a retirement system fails to bring a mandamus action against the State to compel the State to make any required installment, then any participant or retiree may bring such a mandamus action. Effective July 1, 2013.

Title

PEN CD-REFORM STATE SYSTEMS

History

Date	Chamber	Action
2014-12-03	House	Session Sine Die
2013-05-07	House	Added Co-Sponsor Rep. Camille Y. Lilly
2013-04-24	House	Added Co-Sponsor Rep. Kelly Burke
2013-04-08	House	Added Co-Sponsor Rep. Jack D. Franks
2013-04-04	House	Added Co-Sponsor Rep. John D'Amico
2013-03-22	House	Rule 19(a) / Re-referred to Rules Committee
2013-03-21	House	Added Co-Sponsor Rep. Mary E. Flowers
2013-03-21	House	House Committee Amendment No. 1 Referred to Rules Committee
2013-03-21	House	House Committee Amendment No. 1 Filed with Clerk by Rep. Jay Hoffman
2013-03-20	House	Pension Note Filed
2013-03-19	House	Added Co-Sponsor Rep. Michael W. Tryon
2013-03-18	House	Added Co-Sponsor Rep. Brandon W. Phelps
2013-03-15	House	Added Co-Sponsor Rep. Mike Bost
2013-03-14	House	Added Co-Sponsor Rep. Charles E. Meier
2013-03-14	House	Added Co-Sponsor Rep. C.D. Davidsmeyer
2013-03-14	House	Added Co-Sponsor Rep. David Reis
2013-03-14	House	Added Co-Sponsor Rep. Donald L. Moffitt
2013-03-14	House	Added Co-Sponsor Rep. Rich Brauer
2013-03-14	House	Added Co-Sponsor Rep. Chad Hays
2013-03-14	House	Added Co-Sponsor Rep. Josh Harms
2013-03-13	House	Added Co-Sponsor Rep. Robert F. Martwick
2013-03-11	House	Assigned to Personnel and Pensions Committee
2013-03-08	House	Added Co-Sponsor Rep. John D. Cavaletto
2013-03-07	House	Added Co-Sponsor Rep. Norine Hammond
2013-03-05	House	Added Co-Sponsor Rep. Naomi D. Jakobsson
2013-03-05	House	Added Co-Sponsor Rep. Lawrence M. Walsh, Jr.
2013-03-05	House	Added Co-Sponsor Rep. Anthony DeLuca
2013-03-01	House	Added Co-Sponsor Rep. Al Riley
2013-03-01	House	Added Co-Sponsor Rep. Mike Smiddy
2013-03-01	House	Added Co-Sponsor Rep. Patrick J. Verschoore
2013-03-01	House	Added Co-Sponsor Rep. Ann Williams
2013-03-01	House	Added Co-Sponsor Rep. Kelly M. Cassidy
2013-03-01	House	Added Co-Sponsor Rep. Daniel V. Beiser
2013-03-01	House	Added Co-Sponsor Rep. Robyn Gabel
2013-03-01	House	Added Co-Sponsor Rep. Dennis M. Reboletti
2013-03-01	House	Added Co-Sponsor Rep. Sandra M. Pihos
2013-03-01	House	Added Co-Sponsor Rep. Emanuel Chris Welch
2013-03-01	House	Added Co-Sponsor Rep. Wayne Rosenthal
2013-03-01	House	Added Chief Co-Sponsor Rep. Adam Brown
2013-03-01	House	Added Chief Co-Sponsor Rep. Linda Chapa LaVia
2013-03-01	House	Added Co-Sponsor Rep. Robert W. Pritchard
2013-02-27	House	Added Chief Co-Sponsor Rep. Bill Mitchell
2013-02-26	House	Referred to Rules Committee
2013-02-26	House	First Reading
2013-02-26	House	Added Chief Co-Sponsor Rep. Raymond Poe
2013-02-26	House	Filed with the Clerk by Rep. Jay Hoffman

Code Citations

Chapter	Article	Section	Citation Type	Statute Text
30	122	20	Amended Code	Citation Text
30	122	25	Amended Code	Citation Text
40	5	1-103.3	Amended Code	Citation Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.4	New Code	See Bill Text
40	5	14-103.40	New Code	See Bill Text
40	5	14-103.41	New Code	See Bill Text
40	5	14-131	Amended Code	Citation Text
40	5	14-132	Amended Code	Citation Text
40	5	14-133	Amended Code	Citation Text
40	5	15-107.1	New Code	See Bill Text
40	5	15-107.2	New Code	See Bill Text
40	5	15-136	Amended Code	Citation Text
40	5	15-155	Amended Code	Citation Text
40	5	15-156	Amended Code	Citation Text
40	5	15-157	Amended Code	Citation Text
40	5	16-106.4	New Code	See Bill Text
40	5	16-106.5	New Code	See Bill Text
40	5	16-133	Amended Code	Citation Text
40	5	16-152	Amended Code	Citation Text
40	5	16-158	Amended Code	Citation Text
40	5	16-158.2	New Code	See Bill Text
40	5	2-105.1	New Code	See Bill Text
40	5	2-105.2	New Code	See Bill Text
40	5	2-124	Amended Code	Citation Text
40	5	2-125	Amended Code	Citation Text
40	5	2-126	Amended Code	Citation Text

Illinois State Sources

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=3162&GAID=12&DocTypeID=HB&SessionID=85&GA=98
Text	https://www.ilga.gov/legislation/98/HB/09800HB3162.htm
Text	https://www.ilga.gov/legislation/98/HB/09800HB3162ham001.htm

Bill Comments

LegiScan Search

View Top 50 Searches

LegiScan Info

2024 Schedules

Price List

Voter Registration

Governor Deadlines &
Effective Dates

LegiScan Trends

View Top 50 National

MI SB0747 Appropriations: omnibus; appropriations for multiple departments and branches...

CT SB00183 An Act Implementing The Recommendations Of The Department Of Motor Vehicles...

CA AB1906 California Law Revision Commission: persons with disabilities: termino...

CA SR94 Relative to animals.

LA HB575 Provides relative to the membership of the Orleans Parish Communications...

CA SB1233 University of California: Western University of Health Sciences: veterinary...

CA AB1972 Regional property crimes task force.

CA AB2747 Tenancy: credit reporting.

LA HB58 Provides relative to simple burglary

MI HB5191 Criminal procedure: sentencing guidelines; sentencing guidelines for fraudulent...

Rep. Jay Hoffman [D]	Rep. Raymond Poe [R]	Rep. Bill Mitchell [R]	Rep. Linda LaVia [D]
Rep. Adam Brown [R]	Rep. Robert Pritchard [R]	Rep. Wayne Rosenthal [R]	Rep. Emanuel Welch [D]
Rep. Sandra Pihos [R]	Rep. Dennis Reboletti [R]	Rep. Robyn Gabel [D]	Rep. Daniel Beiser [D]
Rep. Kelly Cassidy [D]	Rep. Ann Williams [D]	Rep. Patrick Verschoore [D]	Rep. Mike Smiddy [D]
Rep. Al Riley [D]	Rep. Anthony DeLuca [D]	Rep. Lawrence Walsh [D]	Rep. Naomi Jakobsson [D]
Rep. Norine Hammond [R]	Rep. John Cavaletto [R]	Sen. Robert Martwick [D]	Rep. Josh Harms [R]
Rep. Chad Hays [R]	Rep. Rich Brauer [R]	Rep. Donald Moffitt [R]	Rep. David Reis [R]
Rep. Christopher Davidsmeyer [R]	Rep. Charles Meier [R]	Rep. Mike Bost [R]	Rep. Brandon Phelps [D]
Rep. Michael Tryon [R]	Rep. Mary Flowers [D]	Rep. John D'Amico [D]	Rep. Jack Franks [D]
Rep. Kelly Burke [D]	Rep. Camille Lilly [D]

Main menu