Illinois House Bill 4065 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on January 8 2019 - 100% progression
Action: 2019-01-08 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]

Amends the Illinois Pension Code. Restricts participation in the General Assembly Retirement System to persons who became participants before the effective date. Provides separate benefits for persons who, on or after 6 months after the effective date, first become participants or members under the State Universities or Downstate Teachers Article or a noncovered participant under the State Employee Article. Requires those retirement systems to establish a defined contribution plan for certain members. For the Chicago Municipal, Cook County, Cook County Forest Preserve, Chicago Laborers, Chicago Park District, and Chicago Teachers pension funds, establishes similar benefits if the governing body of the unit of local government adopts those benefits by resolution or ordinance. In the State Employee, State Universities, and Downstate Teachers Articles, requires those Systems to offer certain inactive members the opportunity to elect to receive an accelerated pension benefit payment in lieu of receiving any pension benefit. In the 5 State-funded retirement systems and the Chicago Teachers Pension Fund, makes funding changes. In the State Universities and Downstate Teachers Articles, shifts certain costs to the local employer. In the Chicago Teachers Article, requires the State to contribute the employer normal cost of pension benefits for certain employees and provides a continuing appropriation from the Common School Fund for those contributions. Amends the Budget Stabilization Act. Provides for the transfer of certain amounts from the General Revenue Fund to the Pension Stabilization Fund. Makes other changes. Effective immediately.

PEN CD-VARIOUS

Rep. James Durkin [R]

Date	Chamber	Action
2019-01-08	House	Session Sine Die
2017-06-21	House	Referred to Rules Committee
2017-06-21	House	First Reading
2017-06-14	House	Filed with the Clerk by Rep. Jim Durkin

Chapter	Article	Section	Citation Type	Statute Text
30	122	20	Amended Code	Citation Text
30	805	8.41	New Code	See Bill Text
40	15	1.1	Amended Code	Citation Text
40	5	1-160	Amended Code	Citation Text
40	5	1-161	New Code	See Bill Text
40	5	1-162	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	14-135.08	Amended Code	Citation Text
40	5	14-147.5	New Code	See Bill Text
40	5	14-152.1	Amended Code	Citation Text
40	5	14-155	Repealed Code	Citation Text
40	5	14-155.1	New Code	See Bill Text
40	5	14-155.2	New Code	See Bill Text
40	5	14-156	Repealed Code	Citation Text
40	5	14-156.1	New Code	See Bill Text
40	5	15-108.1	Amended Code	Citation Text
40	5	15-108.2	Amended Code	Citation Text
40	5	15-155	Amended Code	Citation Text
40	5	15-155.2	New Code	See Bill Text
40	5	15-165	Amended Code	Citation Text
40	5	15-185.5	New Code	See Bill Text
40	5	15-198	Amended Code	Citation Text
40	5	15-200	Repealed Code	Citation Text
40	5	15-200.1	New Code	See Bill Text
40	5	15-201	Repealed Code	Citation Text
40	5	15-201.1	New Code	See Bill Text
40	5	16-107.1	New Code	See Bill Text
40	5	16-158	Amended Code	Citation Text
40	5	16-158.3	New Code	See Bill Text
40	5	16-190.5	New Code	See Bill Text
40	5	16-203	Amended Code	Citation Text
40	5	16-205	Repealed Code	Citation Text
40	5	16-205.1	New Code	See Bill Text
40	5	16-206	Repealed Code	Citation Text
40	5	16-206.1	New Code	See Bill Text
40	5	17-106.05	New Code	See Bill Text
40	5	17-127	Amended Code	Citation Text
40	5	17-129	Amended Code	Citation Text
40	5	18-131	Amended Code	Citation Text
40	5	18-140	Amended Code	Citation Text
40	5	2-101	Amended Code	Citation Text
40	5	2-105	Amended Code	Citation Text
40	5	2-105.3	New Code	See Bill Text
40	5	2-107	Amended Code	Citation Text
40	5	2-124	Amended Code	Citation Text
40	5	2-134	Amended Code	Citation Text
40	5	2-162	Amended Code	Citation Text
40	5	2-165	Repealed Code	Citation Text
40	5	2-165.1	New Code	See Bill Text
40	5	2-166	Repealed Code	Citation Text
40	5	2-166.1	New Code	See Bill Text
40	5	20-121	Amended Code	Citation Text
40	5	20-123	Amended Code	Citation Text
40	5	20-124	Amended Code	Citation Text
40	5	20-125	Amended Code	Citation Text
5	375	10	Amended Code	Citation Text
5	375	3	Amended Code	Citation Text

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=4065&GAID=14&DocTypeID=HB&SessionID=91&GA=100
Text	https://www.ilga.gov/legislation/100/HB/10000HB4065.htm