Illinois House Joint Resolution Constitutional Amendment 45 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 19 2020 - 25% progression, died in committee
Action: 2020-02-20 - Referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]

Proposes to amend the General Provisions Article of the Illinois Constitution. Removes a provision that specifies that membership in any pension or retirement system of the State, any unit of local government or school district, or any agency or instrumentality thereof shall be an enforceable contractual relationship, the benefits of which shall not be diminished or impaired. Provides that a person who has not attained the age of 65 shall not be entitled to receive a retirement pension from a pension or retirement system of the State, any unit of local government or school district, or any agency or instrumentality thereof. Provides that an automatic annual increase or cost of living adjustment to any pension granted by a pension or retirement system of the State, any unit of local government or school district, or any agency or instrumentality thereof shall not exceed the lesser of 2% of the pension amount or the annual unadjusted percentage increase (but not less than zero) in the consumer price index for all urban consumers for the 12 months ending with the September preceding each November 1, including all previous adjustments. Provides that no pension granted by a pension or retirement system of the State, any unit of local government or school district, or any agency or instrumentality thereof shall exceed an annual amount of $110,000; except that this amount shall annually be increased by the lesser of 2% or the annual unadjusted percentage increase (but not less than zero) in the consumer price index for all urban consumers for the 12 months ending with the September preceding each November 1, including all previous adjustments. Effective upon being declared adopted in accordance with Section 7 of the Illinois Constitutional Amendment Act.

CONAMEND-LIMIT PENSION RIGHTS

Rep. Joe Sosnowski [R]

Date	Chamber	Action
2020-02-20	House	Referred to Rules Committee
2020-02-20	House	Read in Full a First Time
2020-02-19	House	Filed with the Clerk by Rep. Joe Sosnowski

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=45&GAID=15&DocTypeID=HJRCA&SessionID=108&GA=101
Text	https://www.ilga.gov/legislation/101/HJRCA/10100HC0045.htm