Illinois Senate Bill 1690

---

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.

PEN CD-COOK COUNTY-VARIOUS

Sen. Robert Martwick [D]

Date	Chamber	Action
2023-05-11	Senate	Rule 3-9(a) / Re-referred to Assignments
2023-04-28	Senate	Rule 2-10 Third Reading Deadline Established As May 11, 2023
2023-03-31	Senate	Rule 2-10(a) Third Reading Deadline Established As April 28, 2023
2023-03-29	Senate	Placed on Calendar Order of 3rd Reading March 30, 2023
2023-03-29	Senate	Second Reading
2023-03-10	Senate	Placed on Calendar Order of 2nd Reading March 21, 2023
2023-03-10	Senate	Do Pass as Amended Senate Special Committee on Pensions; 010-000-000
2023-03-09	Senate	Senate Committee Amendment No. 1 Adopted; Senate Special Committee on Pensions
2023-03-07	Senate	Senate Committee Amendment No. 1 Assignments Refers to Senate Special Committee on Pensions
2023-03-03	Senate	Senate Committee Amendment No. 1 Referred to Assignments
2023-03-03	Senate	Senate Committee Amendment No. 1 Filed with Secretary by Sen. Robert F. Martwick
2023-02-21	Senate	Assigned to Senate Special Committee on Pensions
2023-02-08	Senate	Referred to Assignments
2023-02-08	Senate	First Reading
2023-02-08	Senate	Filed with Secretary by Sen. Robert F. Martwick

Chapter	Article	Section	Citation Type	Statute Text
30	805	8.47	New Code	See Bill Text
40	5	1-160	Amended Code	Citation Text
40	5	9-169	Amended Code	Citation Text
40	5	9-169.1	New Code	See Bill Text
40	5	9-169.2	New Code	See Bill Text
40	5	9-179.1	Amended Code	Citation Text
40	5	9-184	Amended Code	Citation Text
40	5	9-185	Amended Code	Citation Text
40	5	9-195	Amended Code	Citation Text
40	5	9-199	Amended Code	Citation Text
40	5	9-239	Amended Code	Citation Text

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=1690&GAID=17&DocTypeID=SB&SessionID=112&GA=103
Text	https://www.ilga.gov/legislation/103/SB/10300SB1690.htm
Amendment	https://www.ilga.gov/legislation/103/SB/10300SB1690sam001.htm