IL HB5063 | 2011-2012 | 97th General Assembly
Status
Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on January 8 2013 - 100% progression
Action: 2013-01-08 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on January 8 2013 - 100% progression
Action: 2013-01-08 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the General Provisions Article of the Illinois Pension Code. In provisions that are applicable to certain new hires: (i) reduces the minimum age at which a participant is entitled to an unreduced retirement annuity and the annual increases in retirement annuity from 67 to 62, and (ii) removes provisions concerning entitlement to a reduced retirement annuity at age 62. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.
Title
PEN CD-NEW HIRES-67 TO 62
Sponsors
| Rep. Raymond Poe [R] |
History
| Date | Chamber | Action |
|---|---|---|
| 2013-01-08 | House | Session Sine Die |
| 2012-02-07 | House | Referred to Rules Committee |
| 2012-02-07 | House | First Reading |
| 2012-02-07 | House | Filed with the Clerk by Rep. Raymond Poe |
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 30 | 805 | 8.36 | New Code | See Bill Text |
| 40 | 5 | 1-160 | Amended Code | Citation Text |
Illinois State Sources
| Type | Source |
|---|---|
| Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=5063&GAID=11&DocTypeID=HB&SessionID=84&GA=97 |
| Text | https://www.ilga.gov/legislation/97/HB/09700HB5063.htm |
