Illinois Senate Bill 1310 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Democrat 2-0)
Status: Failed on January 9 2019 - 100% progression
Action: 2019-01-09 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]

Amends the Illinois Municipal Retirement Fund (IMRF) Article of the Illinois Pension Code. Provides that any current Tier 2 employee who first became an employee after attaining the age of 57 may, until December 31, 2017, make a one-time, irrevocable election to terminate his or her participation in the Fund. Provides that if an employee elects to terminate his or her participation, he or she shall receive a refund of his or her employee contributions, plus interest at the effective rate from the date of the service to the date of payment. Provides that the option not to participate in the Fund shall be offered to every person who (i) first enters employment for which creditable service may be granted on or after the effective date of the amendatory Act, (ii) is 57 years of age or more when he or she first enters that employment, and (iii) would be subject to the Tier 2 provisions. Provides that the election not to participate must be made prior to making any employee contributions and prior to any employer contributions being made on that person's behalf. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

PENCD-IMRF-OPT OUT/REFUND

Sen. William Haine [D]

Sen. Julie Morrison [D]

Date	Chamber	Action
2019-01-09	Senate	Session Sine Die
2017-05-19	Senate	Rule 3-9(a) / Re-referred to Assignments
2017-05-11	Senate	Postponed - Licensed Activities and Pensions
2017-05-09	Senate	Re-assigned to Licensed Activities and Pensions
2017-05-09	Senate	Rule 2-10 Committee Deadline Established As May 19, 2017
2017-05-05	Senate	Senate Committee Amendment No. 1 Rule 3-9(a) / Re-referred to Assignments
2017-05-05	Senate	Rule 3-9(a) / Re-referred to Assignments
2017-05-04	Senate	Senate Committee Amendment No. 1 Postponed - Licensed Activities and Pensions
2017-05-04	Senate	Postponed - Licensed Activities and Pensions
2017-04-27	Senate	Senate Committee Amendment No. 1 Postponed - Licensed Activities and Pensions
2017-04-27	Senate	Postponed - Licensed Activities and Pensions
2017-04-07	Senate	Rule 2-10 Committee Deadline Established As May 5, 2017
2017-04-06	Senate	Senate Committee Amendment No. 1 Postponed - Licensed Activities and Pensions
2017-04-06	Senate	Postponed - Licensed Activities and Pensions
2017-03-29	Senate	Senate Committee Amendment No. 1 Postponed - Licensed Activities and Pensions
2017-03-29	Senate	Postponed - Licensed Activities and Pensions
2017-03-17	Senate	Rule 2-10 Committee Deadline Established As April 7, 2017
2017-03-07	Senate	Senate Committee Amendment No. 1 Assignments Refers to Licensed Activities and Pensions
2017-03-07	Senate	Added as Chief Co-Sponsor Sen. Julie A. Morrison
2017-03-01	Senate	Postponed - Licensed Activities and Pensions
2017-02-28	Senate	Senate Committee Amendment No. 1 Referred to Assignments
2017-02-28	Senate	Senate Committee Amendment No. 1 Filed with Secretary by Sen. William R. Haine
2017-02-15	Senate	Assigned to Licensed Activities and Pensions
2017-02-09	Senate	Referred to Assignments
2017-02-09	Senate	First Reading
2017-02-09	Senate	Filed with Secretary by Sen. William R. Haine

Chapter	Article	Section	Citation Type	Statute Text
30	805	8.41	New Code	See Bill Text
40	5	7-137	Amended Code	Citation Text

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=1310&GAID=14&DocTypeID=SB&SessionID=91&GA=100
Text	https://www.ilga.gov/legislation/100/SB/10000SB1310.htm
Amendment	https://www.ilga.gov/legislation/100/SB/10000SB1310sam001.htm