IL HB3162 | 2013-2014 | 98th General Assembly
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]
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
Sponsors
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 |