Illinois Senate Bill 1796 (Prior Session Legislation)

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Spectrum: Slight Partisan Bill (Democrat 2-1)
Status: Introduced on February 26 2021 - 25% progression, died in committee
Action: 2021-07-16 - Senate Floor Amendment No. 1 Pursuant to Senate Rule 3-9(b) / Referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]

Amends the State Employee Article of the Illinois Pension Code. Provides that a State policeman may elect to convert service credit earned under the Article to eligible creditable service under the alternative retirement annuity formula by filing a written election with the Board and making a specified contribution. Provides that the conversion of service credit to eligible creditable service is not subject to provisions that limit the amount of eligible creditable service that may be established to 12 years. Provides that a State policeman may elect to establish eligible creditable service under the alternative retirement annuity formula for up to 5 years of service as a person employed by a participating municipality to perform police duties under the Illinois Municipal Retirement Fund (IMRF) Article, a county corrections officer, or a court services officer under the Cook County Article by filing a written application with the Board and making a specified contribution. Provides that any benefit increase that results from the amendatory Act is excluded from the definition of "new benefit increase". Effective immediately.

PENCD-SERS-ALTERNATIVE FORMULA

Sen. Robert Martwick [D]

Sen. Brian Stewart [R]

Sen. Karina Villa [D]

Date	Chamber	Action
2021-07-16	Senate	Senate Floor Amendment No. 1 Pursuant to Senate Rule 3-9(b) / Referred to Assignments
2021-04-23	Senate	Rule 3-9(a) / Re-referred to Assignments
2021-04-21	Senate	Added as Chief Co-Sponsor Sen. Brian W. Stewart
2021-04-14	Senate	Senate Floor Amendment No. 1 Postponed - Pensions
2021-03-25	Senate	Senate Floor Amendment No. 1 Assignments Refers to Pensions
2021-03-24	Senate	Placed on Calendar Order of 3rd Reading March 25, 2021
2021-03-24	Senate	Second Reading
2021-03-24	Senate	Senate Floor Amendment No. 1 Referred to Assignments
2021-03-24	Senate	Senate Floor Amendment No. 1 Filed with Secretary by Sen. Robert F. Martwick
2021-03-19	Senate	Added as Co-Sponsor Sen. Karina Villa
2021-03-17	Senate	Placed on Calendar Order of 2nd Reading March 23, 2021
2021-03-17	Senate	Do Pass Pensions; 009-000-000
2021-03-09	Senate	Assigned to Pensions
2021-02-26	Senate	Referred to Assignments
2021-02-26	Senate	First Reading
2021-02-26	Senate	Filed with Secretary by Sen. Robert F. Martwick

Chapter	Article	Section	Citation Type	Statute Text
40	5	14-110	Amended Code	Citation Text
40	5	14-152.1	Amended Code	Citation Text

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=1796&GAID=16&DocTypeID=SB&SessionID=110&GA=102
Text	https://www.ilga.gov/legislation/102/SB/10200SB1796.htm
Amendment	https://www.ilga.gov/legislation/102/SB/10200SB1796sam001.htm