IL SB1690 | 2023-2024 | 103rd General Assembly


Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 8 2023 - 25% progression
Action: 2023-05-11 - Rule 3-9(a) / Re-referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]


Amends the Illinois Pension Code. In the General Provisions Article, provides that beginning on January 1, 2024, the annual earnings, salary, or wages of a Tier 2 participant under the Cook County Article shall track with the Social Security wage base (rather than shall not exceed $106,800, adjusted annually). Makes conforming changes in the Cook County Article and provides that the county's contribution shall be paid through a tax levy and any other lawfully available funds. Provides that beginning on January 1, 2025, the Fund shall not use contributions received by the Fund for subsidy for an annuitant health care program. Deletes a restrictive date in a provision concerning establishing credit for military service. Beginning on December 1, 2023, provides that the president of the county shall appoint 2 additional members to the board of trustees. Requires the retirement board to retain an actuary who is a member in good standing of the American Academy of Actuaries to produce an annual actuarial report of the Fund and provides criteria for the report. Provides that the annual audit required of the Fund may include the preparation of the annual actuarial report. Provides that the annual report submitted to the county board shall include the annual actuarial report. Requires that the minimum required employer contribution shall be submitted annually by the county and provides the method of determining the minimum required employer contribution. Provides that the Fund shall (rather than may) pay for an annuitant health care program administered by the Fund (rather than any of the county's health care plans). Makes other changes. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

Tracking Information

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2023-05-11SenateRule 3-9(a) / Re-referred to Assignments
2023-04-28SenateRule 2-10 Third Reading Deadline Established As May 11, 2023
2023-03-31SenateRule 2-10(a) Third Reading Deadline Established As April 28, 2023
2023-03-29SenatePlaced on Calendar Order of 3rd Reading March 30, 2023
2023-03-29SenateSecond Reading
2023-03-10SenatePlaced on Calendar Order of 2nd Reading March 21, 2023
2023-03-10SenateDo Pass as Amended Senate Special Committee on Pensions; 010-000-000
2023-03-09SenateSenate Committee Amendment No. 1 Adopted; Senate Special Committee on Pensions
2023-03-07SenateSenate Committee Amendment No. 1 Assignments Refers to Senate Special Committee on Pensions
2023-03-03SenateSenate Committee Amendment No. 1 Referred to Assignments
2023-03-03SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. Robert F. Martwick
2023-02-21SenateAssigned to Senate Special Committee on Pensions
2023-02-08SenateReferred to Assignments
2023-02-08SenateFirst Reading
2023-02-08SenateFiled with Secretary by Sen. Robert F. Martwick

Code Citations

ChapterArticleSectionCitation TypeStatute Text
308058.47New CodeSee Bill Text
4051-160Amended CodeCitation Text
4059-169Amended CodeCitation Text
4059-169.1New CodeSee Bill Text
4059-169.2New CodeSee Bill Text
4059-179.1Amended CodeCitation Text
4059-184Amended CodeCitation Text
4059-185Amended CodeCitation Text
4059-195Amended CodeCitation Text
4059-199Amended CodeCitation Text
4059-239Amended CodeCitation Text

Illinois State Sources

Bill Comments