IL HB5837 | 2013-2014 | 98th General Assembly

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on December 3 2014 - 100% progression
Action: 2014-12-03 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the General Assembly Article of the Illinois Pension Code. Restricts participation in the General Assembly Retirement System to persons who are receiving annuities from the System on January 1, 2015. Terminates participation by all other persons. Provides that annuities in payment status on January 1, 2015 shall continue to be paid by the System, along with any increases provided by law. Provides that no new or additional benefits may be granted or paid by the System on or after January 1, 2015, including any refund of contributions. Provides that no new transfers of credits into or out of the System shall be made on or after that date. Provides that these provisions control over any other law. Effective January 1, 2015.

Tracking Information

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Title

PEN CD-GARS-END PARTICIPATION

Sponsors


History

DateChamberAction
2014-12-03HouseSession Sine Die
2014-02-14HouseReferred to Rules Committee
2014-02-14HouseFirst Reading
2014-02-14HouseFiled with the Clerk by Rep. Darlene J. Senger

Code Citations

ChapterArticleSectionCitation TypeStatute Text
4052-101Amended CodeCitation Text

Illinois State Sources


Bill Comments

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