Illinois House Bill 5137 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Slight Partisan Bill (Republican 5-2)
Status: Passed on August 10 2018 - 100% progression
Action: 2018-08-10 - Public Act . . . . . . . . . 100-0769
Text: Latest bill text (Chaptered) [HTML]

Amends the Downstate Teacher Article of the Illinois Pension Code. Provides that the System shall offer a defined contribution benefit to active members of the System. Provides that the defined contribution benefit shall collect optional employee and optional employer contributions into an account and shall offer investment options to the participant. Provides that the defined contribution benefit shall be operated in full compliance with any applicable State and federal laws, and the System shall utilize generally accepted practices in creating and maintaining the benefit for the best interest of the participants. Authorizes the System to use funds from the employee and employer contributions to defray any and all costs of creating and maintaining the benefit. Requires the System to produce an annual report on the participation in the benefit and to make that report public. Excludes any benefit increase resulting from the change made by the amendatory Act from the definition of "new benefit increase". Effective immediately.

PENCD-TRS-DEFINED CONTRIBUTION

Sen. Robert Martwick [D]	Rep. David Harris [R]	Rep. Mark Batinick [R]	Rep. Jaime Andrade [D]
Sen. Dan McConchie [R]	Sen. Pamela Althoff [R]	Sen. Michael Connelly [R]

2018-05-24 - Senate - Third Reading in Senate (Y: 55 N: 0 NV: 4 Abs: 0) [PASS]
2018-04-27 - House - Third Reading in House (Y: 94 N: 0 NV: 2 Abs: 5) [PASS]

Date	Chamber	Action
2018-08-10	House	Public Act . . . . . . . . . 100-0769
2018-08-10	House	Effective Date August 10, 2018
2018-08-10	House	Governor Approved
2018-06-22	House	Sent to the Governor
2018-05-24	House	Passed Both Houses
2018-05-24	Senate	Third Reading - Passed; 055-000-000
2018-05-24	Senate	Added as Alternate Chief Co-Sponsor Sen. Michael Connelly
2018-05-21	Senate	Placed on Calendar Order of 3rd Reading May 22, 2018
2018-05-21	Senate	Second Reading
2018-05-17	Senate	Placed on Calendar Order of 2nd Reading May 18, 2018
2018-05-17	Senate	Do Pass Licensed Activities and Pensions; 010-000-000
2018-05-16	Senate	Added as Alternate Chief Co-Sponsor Sen. Pamela J. Althoff
2018-05-11	Senate	Rule 2-10 Committee Deadline Established As May 31, 2018
2018-05-09	Senate	Assigned to Licensed Activities and Pensions
2018-05-08	Senate	Referred to Assignments
2018-05-08	Senate	First Reading
2018-05-08	Senate	Chief Senate Sponsor Sen. Dan McConchie
2018-05-01	Senate	Placed on Calendar Order of First Reading May 2, 2018
2018-05-01	Senate	Arrive in Senate
2018-04-27	House	Added Chief Co-Sponsor Rep. Jaime M. Andrade, Jr.
2018-04-27	House	Added Chief Co-Sponsor Rep. Mark Batinick
2018-04-27	House	Added Chief Co-Sponsor Rep. David Harris
2018-04-27	House	Third Reading - Short Debate - Passed 094-000-000
2018-04-27	House	Placed on Calendar Order of 3rd Reading - Short Debate
2018-04-25	House	Held on Calendar Order of Second Reading - Short Debate
2018-04-25	House	Second Reading - Short Debate
2018-04-25	House	Placed on Calendar 2nd Reading - Short Debate
2018-04-25	House	Do Pass as Amended / Short Debate Personnel & Pensions Committee; 014-000-000
2018-04-25	House	House Committee Amendment No. 1 Adopted in Personnel & Pensions Committee; by Voice Vote
2018-04-19	House	House Committee Amendment No. 1 Rules Refers to Personnel & Pensions Committee
2018-04-18	House	House Committee Amendment No. 1 Referred to Rules Committee
2018-04-18	House	House Committee Amendment No. 1 Filed with Clerk by Rep. Robert Martwick
2018-04-16	House	Final Action Deadline Extended-9(b) May 31, 2018
2018-04-16	House	Assigned to Personnel & Pensions Committee
2018-02-16	House	Referred to Rules Committee
2018-02-16	House	First Reading
2018-02-15	House	Filed with the Clerk by Rep. Robert Martwick

Chapter	Article	Section	Citation Type	Statute Text
40	5	16-203	Amended Code	Citation Text
40	5	16-204	New Code	See Bill Text

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=5137&GAID=14&DocTypeID=HB&SessionID=91&GA=100
Text	https://www.ilga.gov/legislation/100/HB/10000HB5137.htm
Text	https://www.ilga.gov/legislation/100/HB/10000HB5137eng.htm
Text	https://www.ilga.gov/legislation/100/HB/10000HB5137enr.htm
Text	https://www.ilga.gov/legislation/publicacts/100/100-0769.htm
Amendment	https://www.ilga.gov/legislation/100/HB/10000HB5137ham001.htm
Roll Call	https://www.ilga.gov/legislation/votehistory/100/house/10000HB5137_04272018_061000T.pdf
Roll Call	https://www.ilga.gov/legislation/votehistory/100/senate/10000HB5137_05242018_043000T.pdf