Illinois Senate Bill 2195 (Prior Session Legislation)

---

Completed Legislative Action
Spectrum: Partisan Bill (Republican 3-0)
Status: Failed on January 9 2019 - 100% progression
Action: 2019-01-09 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]

Amends the Illinois Pension Code. Provides optional separate benefits for persons who, on or after 6 months after the effective date, first become participants or members under the State Universities or Downstate Teachers Article or noncovered participants under the State Employee Article. Contains provisions concerning retirement conditions, the amount of the retirement annuity, the amount of the annual increases to the retirement annuity, the calculation of salary, and the amount of certain survivor benefits. Sets forth the amount of employee and employer contributions. Requires those retirement systems to establish a defined contribution plan for certain members. In the Chicago Teachers Article, establishes similar benefits if the governing body of the unit of local government adopts those benefits by resolution or ordinance. In the State Employee, State Universities, and Downstate Teachers Articles, requires those Systems to offer certain inactive members the opportunity to elect to receive an accelerated pension benefit payment equal to 70% of the net present value of their pension benefits in lieu of receiving any pension benefit. In the State Employee, State Universities, and Downstate Teachers Articles, makes funding changes. In the State Universities and Downstate Teachers Articles, shifts certain costs to the local employer. Makes other changes. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

PEN CD-VARIOUS

Sen. Bill Brady [R]

Sen. Kyle McCarter [R]

Sen. Tom Rooney [R]

Date	Chamber	Action
2019-01-09	Senate	Session Sine Die
2017-10-10	Senate	Chief Sponsor Changed to Sen. William E. Brady
2017-08-04	Senate	Pursuant to Senate Rule 3-9(b) / Referred to Assignments
2017-05-19	Senate	To Subcommittee on Special Issues (LA)
2017-05-16	Senate	Assigned to Licensed Activities and Pensions
2017-05-16	Senate	Rule 2-10 Committee Deadline Established As May 31, 2017
2017-05-12	Senate	Rule 3-9(a) / Re-referred to Assignments
2017-05-11	Senate	To Subcommittee on Special Issues (LA)
2017-05-10	Senate	Added as Co-Sponsor Sen. William E. Brady
2017-05-09	Senate	Added as Chief Co-Sponsor Sen. Tom Rooney
2017-05-03	Senate	Added as Chief Co-Sponsor Sen. Kyle McCarter
2017-05-02	Senate	Assigned to Licensed Activities and Pensions
2017-05-02	Senate	Rule 2-10 Committee Deadline Established As May 12, 2017
2017-04-27	Senate	Referred to Assignments
2017-04-27	Senate	First Reading
2017-04-27	Senate	Filed with Secretary by Sen. Christine Radogno

Chapter	Article	Section	Citation Type	Statute Text
30	805	8.41	New Code	See Bill Text
40	5	1-160	Amended Code	Citation Text
40	5	1-161	New Code	See Bill Text
40	5	1-162	New Code	See Bill Text
40	5	14-103.41	New Code	See Bill Text
40	5	14-131	Amended Code	Citation Text
40	5	14-135.08	Amended Code	Citation Text
40	5	14-147.5	New Code	See Bill Text
40	5	14-152.1	Amended Code	Citation Text
40	5	14-155	Repealed Code	Citation Text
40	5	14-155.1	New Code	See Bill Text
40	5	14-155.2	New Code	See Bill Text
40	5	14-156	Repealed Code	Citation Text
40	5	14-156.1	New Code	See Bill Text
40	5	15-108.1	Amended Code	Citation Text
40	5	15-108.2	Amended Code	Citation Text
40	5	15-155	Amended Code	Citation Text
40	5	15-165	Amended Code	Citation Text
40	5	15-185.5	New Code	See Bill Text
40	5	15-198	Amended Code	Citation Text
40	5	15-200	Repealed Code	Citation Text
40	5	15-200.1	New Code	See Bill Text
40	5	15-201	Repealed Code	Citation Text
40	5	15-201.1	New Code	See Bill Text
40	5	16-107.1	New Code	See Bill Text
40	5	16-158	Amended Code	Citation Text
40	5	16-190.5	New Code	See Bill Text
40	5	16-203	Amended Code	Citation Text
40	5	16-205	Repealed Code	Citation Text
40	5	16-205.1	New Code	See Bill Text
40	5	16-206	Repealed Code	Citation Text
40	5	16-206.1	New Code	See Bill Text
40	5	17-106.05	New Code	See Bill Text
40	5	17-129	Amended Code	Citation Text
40	5	20-121	Amended Code	Citation Text
40	5	20-123	Amended Code	Citation Text
40	5	20-124	Amended Code	Citation Text
40	5	20-125	Amended Code	Citation Text
5	375	10	Amended Code	Citation Text
5	375	3	Amended Code	Citation Text

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=2195&GAID=14&DocTypeID=SB&SessionID=91&GA=100
Text	https://www.ilga.gov/legislation/100/SB/10000SB2195.htm