Illinois House Bill 4839 (Prior Session Legislation)

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Completed Legislative Action
Sponsorship: Partisan Bill (Republican 1)
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. For the 5 State-funded Retirement Systems: Requires implementation of a Tier 3 plan that aggregates State and employee contributions in individual participant accounts. Provides that a person who becomes a participant on or after July 1, 2019 shall participate in the Tier 3 plan. Authorizes a Tier 1 or Tier 2 participant to elect to participate in the Tier 3 plan. Repeals provisions relating to a hybrid benefit plan and makes related changes. Requires Systems to offer an optional accelerated benefit payment to certain members in lieu of receiving a pension and authorizes the issuance of bonds for those payments. Authorizes a person to elect not to participate or to terminate participation in the Systems. Restricts participation in the General Assembly Retirement System to current participants. In Articles 7, 14, 15, and 16, for new participants, prohibits unused sick or vacation time from being used to calculate pensionable salary or establish service credit. In Articles 15 and 16, requires an employer to pay the projected costs of the increase in pension benefits associated with an increase in salary. In Article 16, prohibits an employer from making employee contributions on behalf of an employee, except as specified. Amends other Acts to prohibit collective bargaining over that prohibition and make conforming changes. Effective immediately.

PENCD-STATE SYS-TIER 3

Rep. Jeanne Ives [R]

Date	Chamber	Action
2019-01-08	House	Session Sine Die
2018-04-13	House	Rule 19(a) / Re-referred to Rules Committee
2018-03-21	House	Assigned to Personnel & Pensions Committee
2018-02-14	House	Referred to Rules Committee
2018-02-14	House	First Reading
2018-02-14	House	Filed with the Clerk by Rep. Jeanne M Ives

Chapter	Article	Section	Citation Type	Statute Text
115	5	10.6	New Code	See Bill Text
115	5	17	Amended Code	Citation Text
115	5	4	Amended Code	Citation Text
20	3501	801-40	Amended Code	Citation Text
30	105	5.886	New Code	See Bill Text
30	330	11	Amended Code	Citation Text
30	330	12	Amended Code	Citation Text
30	330	13	Amended Code	Citation Text
30	330	2	Amended Code	Citation Text
30	330	2.5	Amended Code	Citation Text
30	330	7.7	New Code	See Bill Text
30	330	9	Amended Code	Citation Text
30	805	8.42	New Code	See Bill Text
40	15	1.9	New Code	See Bill Text
40	5	1-160	Amended Code	Citation Text
40	5	1-161	Repealed Code	Citation Text
40	5	14-103.05	Amended Code	Citation Text
40	5	14-103.10	Amended Code	Citation Text
40	5	14-103.40	Repealed Code	Citation Text
40	5	14-103.41	New Code	See Bill Text
40	5	14-103.42	New Code	See Bill Text
40	5	14-103.43	New Code	See Bill Text
40	5	14-104.3	Amended Code	Citation Text
40	5	14-106	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	14-155.5	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	15-108.3	New Code	See Bill Text
40	5	15-112	Amended Code	Citation Text
40	5	15-113.4	Amended Code	Citation Text
40	5	15-134	Amended Code	Citation Text
40	5	15-155	Amended Code	Citation Text
40	5	15-155.2	Repealed Code	Citation Text
40	5	15-185.5	New Code	See Bill Text
40	5	15-198	Amended Code	Citation Text
40	5	15-200.5	New Code	See Bill Text
40	5	16-106.4	Repealed Code	Citation Text
40	5	16-106.40	New Code	See Bill Text
40	5	16-106.41	New Code	See Bill Text
40	5	16-106.42	New Code	See Bill Text
40	5	16-123	Amended Code	Citation Text
40	5	16-127	Amended Code	Citation Text
40	5	16-152.1	Amended Code	Citation Text
40	5	16-158	Amended Code	Citation Text
40	5	16-158.3	Repealed Code	Citation Text
40	5	16-190.5	New Code	See Bill Text
40	5	16-203	Amended Code	Citation Text
40	5	16-205.5	New Code	See Bill Text
40	5	18-110.1	New Code	See Bill Text
40	5	18-110.2	New Code	See Bill Text
40	5	18-110.3	New Code	See Bill Text
40	5	18-120	Amended Code	Citation Text
40	5	18-121.5	New Code	See Bill Text
40	5	18-124	Amended Code	Citation Text
40	5	18-125	Amended Code	Citation Text
40	5	18-125.1	Amended Code	Citation Text
40	5	18-127	Amended Code	Citation Text
40	5	18-128.01	Amended Code	Citation Text
40	5	18-133	Amended Code	Citation Text
40	5	18-161.5	New Code	See Bill Text
40	5	18-169	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	2-117	Amended Code	Citation Text
40	5	2-154.5	New Code	See Bill Text
40	5	2-162	Amended Code	Citation Text
40	5	2-165.5	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
40	5	7-114	Amended Code	Citation Text
40	5	7-116	Amended Code	Citation Text
40	5	7-139	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=4839&GAID=14&DocTypeID=HB&SessionID=91&GA=100
Text	https://www.ilga.gov/legislation/100/HB/10000HB4839.htm