Illinois House Bill 3707 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Strong Partisan Bill (Republican 15-1)
Status: Failed on January 8 2019 - 100% progression
Action: 2019-01-08 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]

Amends the General Assembly Article of the Illinois Pension Code. Requires the General Assembly Retirement System to establish a self-directed retirement plan. Provides that for persons who become participants on or after the effective date of the amendatory Act, participation in the System shall be limited to participation in the self-directed retirement plan. Allows a Tier 1 or Tier 2 participant to make an irrevocable election to participate in the self-directed retirement plan instead of the defined benefit plan. Makes changes to the pensionable salary for active participants. Provides that upon a participant's first day of participation in the self-directed retirement plan, the participant becomes vested in his or her contributions to the self-directed retirement plan, the employer's contributions to the self-directed retirement plan, and the investment returns attributable to those contributions credited to his or her account.

PEN CD-GARS SELF-DIRECTED PLAN

Rep. Sheri Jesiel [R]	Rep. Allen Skillicorn [R]	Rep. Margo McDermed [R]	Rep. Jeanne Ives [R]
Rep. Reginald Phillips [R]	Rep. Kelly Burke [D]	Rep. Barbara Wheeler [R]	Rep. Brad Halbrook [R]
Rep. Thomas Morrison [R]	Rep. Christopher Davidsmeyer [R]	Rep. Ryan Spain [R]	Rep. Jerry Long [R]
Rep. Sara Jimenez [R]	Rep. Patricia Bellock [R]	Rep. Nicholas Sauer [R]	Rep. Grant Wehrli [R]

Date	Chamber	Action
2019-01-08	House	Session Sine Die
2017-03-31	House	House Committee Amendment No. 1 Rule 19(a) / Re-referred to Rules Committee
2017-03-31	House	Rule 19(a) / Re-referred to Rules Committee
2017-03-27	House	House Committee Amendment No. 1 Rules Refers to Personnel & Pensions Committee
2017-03-24	House	House Committee Amendment No. 1 Referred to Rules Committee
2017-03-24	House	House Committee Amendment No. 1 Filed with Clerk by Rep. Sheri Jesiel
2017-03-16	House	Removed Co-Sponsor Rep. Steven Reick
2017-03-15	House	Added Co-Sponsor Rep. Grant Wehrli
2017-03-09	House	Added Co-Sponsor Rep. Nick Sauer
2017-03-09	House	Added Co-Sponsor Rep. Patricia R. Bellock
2017-03-09	House	Added Co-Sponsor Rep. Sara Wojcicki Jimenez
2017-03-09	House	Added Co-Sponsor Rep. Jerry Lee Long
2017-03-09	House	Added Co-Sponsor Rep. Ryan Spain
2017-03-07	House	Added Co-Sponsor Rep. Steven Reick
2017-03-07	House	Added Co-Sponsor Rep. C.D. Davidsmeyer
2017-03-07	House	Added Co-Sponsor Rep. Thomas Morrison
2017-03-07	House	Added Co-Sponsor Rep. Brad Halbrook
2017-03-07	House	Added Co-Sponsor Rep. Barbara Wheeler
2017-03-07	House	Added Co-Sponsor Rep. Kelly M. Burke
2017-03-07	House	Added Co-Sponsor Rep. Reginald Phillips
2017-03-07	House	Added Co-Sponsor Rep. Jeanne M Ives
2017-03-01	House	Assigned to Personnel & Pensions Committee
2017-02-24	House	Added Co-Sponsor Rep. Margo McDermed
2017-02-17	House	Added Chief Co-Sponsor Rep. Allen Skillicorn
2017-02-10	House	Referred to Rules Committee
2017-02-10	House	First Reading
2017-02-10	House	Filed with the Clerk by Rep. Sheri Jesiel

Chapter	Article	Section	Citation Type	Statute Text
40	5	2-105.1	Repealed Code	Citation Text
40	5	2-105.3	New Code	See Bill Text
40	5	2-167	New Code	See Bill Text

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=3707&GAID=14&DocTypeID=HB&SessionID=91&GA=100
Text	https://www.ilga.gov/legislation/100/HB/10000HB3707.htm
Amendment	https://www.ilga.gov/legislation/100/HB/10000HB3707ham001.htm