IL SB2106 | 2021-2022 | 102nd General Assembly
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 26 2021 - 25% progression, died in committee
Action: 2021-04-16 - Rule 3-9(a) / Re-referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 26 2021 - 25% progression, died in committee
Action: 2021-04-16 - Rule 3-9(a) / Re-referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the Illinois Pension Code. In the General Assembly, State Employee, and Judges Articles, provides that certain survivors' and widows' annuities shall become payable on a specified date or December 1 of the calendar year in which the deceased spouse would have attained age 72 (instead of 70 1/2), whichever occurs last. In the Illinois Municipal Retirement Fund (IMRF) Article, provides that retirement annuities shall be payable upon attainment of the required age of distribution under a specified provision of the Internal Revenue Code of 1986 (instead of age 70 1/2). In the State Universities Article, provides that if a participant is not an employee of an employer participating in the System or in a reciprocal system on April 1 of the calendar year next following the calendar year in which the participant attains the age specified under a provision of the Internal Revenue Code of 1986 (instead of the age of 70 1/2), the annuity payment period shall begin on that date. In a provision of the Downstate Teacher Article concerning the required distribution of monthly survivor benefits for certain persons, provides that the distribution shall become payable on certain dates or December 1 of the calendar year in which the deceased member or annuitant would have attained age 72 (instead of 70 1/2), whichever occurs latest. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.
Title
PENCD-BENEFIT DISTRIBUTION AGE
Sponsors
History
Date | Chamber | Action |
---|---|---|
2021-04-16 | Senate | Rule 3-9(a) / Re-referred to Assignments |
2021-03-16 | 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 |
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
30 | 805 | 8.45 | New Code | See Bill Text |
40 | 5 | 14-121.1 | Amended Code | Citation Text |
40 | 5 | 15-135 | Amended Code | Citation Text |
40 | 5 | 16-142.3 | Amended Code | Citation Text |
40 | 5 | 18-128.3 | Amended Code | Citation Text |
40 | 5 | 2-121.3 | Amended Code | Citation Text |
40 | 5 | 7-141 | Amended Code | Citation Text |
Illinois State Sources
Type | Source |
---|---|
Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=2106&GAID=16&DocTypeID=SB&SessionID=110&GA=102 |
Text | https://www.ilga.gov/legislation/102/SB/10200SB2106.htm |