IL SB3444 | 2017-2018 | 100th General Assembly

Status

Spectrum: Partisan Bill (Republican 2-0)
Status: Introduced on February 16 2018 - 25% progression
Action: 2018-09-30 - Chief Sponsor Changed to Sen. William E. Brady
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Illinois Pension Code. On January 1, 2021, merges all Article 3 police pension funds into a single Downstate Police Officers Pension Fund and all Article 4 firefighters' pension funds into a single Downstate Firefighters Pension Fund. Creates Transition Boards, which are responsible for planning, overseeing, and administering the consolidation. Authorizes the Transition Boards to undertake numerous activities necessary for the consolidation, including making arrangements for staff, investments, transfer of assets and liabilities, acquisition of property, establishment of municipal accounts, and the adoption of rules and procedures. Authorizes each Transition Board to enter into contracts and to obligate and expend the assets of each Fund. Creates a new Board of Trustees for each Fund, and provides for administration of each Fund by the Transition Board until the new Board assumes its duties on January 1, 2022. Converts the board of trustees of each consolidated pension fund into a pension benefit determination and payment board. Provides for investment of the Funds' assets by custodians chosen by the Boards of Trustees. Makes conforming and other changes. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately, except that certain changes to the Illinois Pension Code take effect January 1, 2021.

Tracking Information

Register now for our free OneVote public service or GAITS Professional trial account and you can begin tracking this and other legislation, all driven by the real-time data of the LegiScan API. Providing tools allowing you to research pending legislation, stay informed with email alerts, content feeds, and share dynamic reports. Use our new PolitiCorps to join with friends and collegaues to monitor & discuss bills through the process.

Monitor Legislation or view this same bill number from multiple sessions or take advantage of our national legislative search.

Title

PEN CD-ART 3 & 4-CONSOLIDATION

Sponsors


History

DateChamberAction
2018-09-30SenateChief Sponsor Changed to Sen. William E. Brady
2018-04-27SenateRule 3-9(a) / Re-referred to Assignments
2018-04-13SenateRule 2-10 Committee Deadline Established As April 27, 2018
2018-04-12SenateTo Subcommittee on Pension Consolidation
2018-02-27SenateAssigned to Licensed Activities and Pensions
2018-02-22SenateAdded as Chief Co-Sponsor Sen. Tom Rooney
2018-02-16SenateReferred to Assignments
2018-02-16SenateFirst Reading
2018-02-16SenateFiled with Secretary by Sen. Pamela J. Althoff

Code Citations

ChapterArticleSectionCitation TypeStatute Text
308058.42New CodeSee Bill Text
4051-109.1Amended CodeCitation Text
4051-109.3Amended CodeCitation Text
4051-110Amended CodeCitation Text
4051-113Amended CodeCitation Text
4051-113.1Repealed CodeCitation Text
4051-113.10Repealed CodeCitation Text
4051-113.11Repealed CodeCitation Text
4051-113.12Repealed CodeCitation Text
4051-113.14Amended CodeCitation Text
4051-113.16Amended CodeCitation Text
4051-113.2Repealed CodeCitation Text
4051-113.20Amended CodeCitation Text
4051-113.3Repealed CodeCitation Text
4051-113.4Repealed CodeCitation Text
4051-113.4aRepealed CodeCitation Text
4051-113.5Repealed CodeCitation Text
4051-113.6Repealed CodeCitation Text
4051-113.7Repealed CodeCitation Text
4051-113.8Repealed CodeCitation Text
4051-113.9Repealed CodeCitation Text
4051-150Amended CodeCitation Text
4051A-103Amended CodeCitation Text
4051A-104Amended CodeCitation Text
4051A-108Amended CodeCitation Text
4051A-108.5Amended CodeCitation Text
4051A-110Amended CodeCitation Text
4051A-111Repealed CodeCitation Text
4051A-112Amended CodeCitation Text
4053-101Amended CodeCitation Text
4053-101.1New CodeSee Bill Text
4053-101.2New CodeSee Bill Text
4053-102Amended CodeCitation Text
4053-102.1New CodeSee Bill Text
4053-103Amended CodeCitation Text
4053-104.5New CodeSee Bill Text
4053-105Amended CodeCitation Text
4053-108.2Amended CodeCitation Text
4053-108.3Amended CodeCitation Text
4053-108.4New CodeSee Bill Text
4053-109.4Amended CodeCitation Text
4053-110Amended CodeCitation Text
4053-110.05New CodeSee Bill Text
4053-110.2Amended CodeCitation Text
4053-110.4Amended CodeCitation Text
4053-110.6Amended CodeCitation Text
4053-110.7Amended CodeCitation Text
4053-111Amended CodeCitation Text
4053-111.1Amended CodeCitation Text
4053-112Amended CodeCitation Text
4053-114.1Amended CodeCitation Text
4053-115Amended CodeCitation Text
4053-116.1Amended CodeCitation Text
4053-124Amended CodeCitation Text
4053-124.1Amended CodeCitation Text
4053-125Amended CodeCitation Text
4053-125.1Amended CodeCitation Text
4053-125.3New CodeSee Bill Text
4053-127Amended CodeCitation Text
4053-128Amended CodeCitation Text
4053-128.1New CodeSee Bill Text
4053-128.2New CodeSee Bill Text
4053-130Amended CodeCitation Text
4053-130.5New CodeSee Bill Text
4053-130.8New CodeSee Bill Text
4053-131Amended CodeCitation Text
4053-132Amended CodeCitation Text
4053-133Amended CodeCitation Text
4053-134Amended CodeCitation Text
4053-135Amended CodeCitation Text
4053-138.1New CodeSee Bill Text
4053-138.10New CodeSee Bill Text
4053-138.2New CodeSee Bill Text
4053-138.3New CodeSee Bill Text
4053-138.4New CodeSee Bill Text
4053-138.5New CodeSee Bill Text
4053-138.6New CodeSee Bill Text
4053-138.7New CodeSee Bill Text
4053-138.8New CodeSee Bill Text
4053-138.9New CodeSee Bill Text
4053-140Amended CodeCitation Text
4053-140.10New CodeSee Bill Text
4053-140.2New CodeSee Bill Text
4053-140.3New CodeSee Bill Text
4053-140.4New CodeSee Bill Text
4053-140.5New CodeSee Bill Text
4053-140.6New CodeSee Bill Text
4053-140.7New CodeSee Bill Text
4053-140.8New CodeSee Bill Text
4053-140.9New CodeSee Bill Text
4053-141Amended CodeCitation Text
4053-141.1Amended CodeCitation Text
4053-143Amended CodeCitation Text
4053-144.2Amended CodeCitation Text
4053-144.5Amended CodeCitation Text
4053-144.6Amended CodeCitation Text
4053-144.7New CodeSee Bill Text
4053-144.8New CodeSee Bill Text
4053-145Amended CodeCitation Text
4053-146.05New CodeSee Bill Text
4053-146.1New CodeSee Bill Text
4053-146.2New CodeSee Bill Text
4053-146.3New CodeSee Bill Text
4053-146.4New CodeSee Bill Text
4053-146.5New CodeSee Bill Text
4053-146.6New CodeSee Bill Text
4053-148Amended CodeCitation Text
4053-150Amended CodeCitation Text
4054-101Amended CodeCitation Text
4054-101.1New CodeSee Bill Text
4054-101.2New CodeSee Bill Text
4054-102.1New CodeSee Bill Text
4054-103Amended CodeCitation Text
4054-104.5New CodeSee Bill Text
4054-104.9New CodeSee Bill Text
4054-105Amended CodeCitation Text
4054-105cAmended CodeCitation Text
4054-105dAmended CodeCitation Text
4054-106.1Amended CodeCitation Text
4054-106.2New CodeSee Bill Text
4054-106.5New CodeSee Bill Text
4054-108Amended CodeCitation Text
4054-108.1Amended CodeCitation Text
4054-108.2Amended CodeCitation Text
4054-108.4Amended CodeCitation Text
4054-108.5Amended CodeCitation Text
4054-109Amended CodeCitation Text
4054-109.3Amended CodeCitation Text
4054-109.4New CodeSee Bill Text
4054-110Amended CodeCitation Text
4054-110.1Amended CodeCitation Text
4054-111Amended CodeCitation Text
4054-112Amended CodeCitation Text
4054-113Amended CodeCitation Text
4054-114Amended CodeCitation Text
4054-116Amended CodeCitation Text
4054-117Amended CodeCitation Text
4054-118Amended CodeCitation Text
4054-118.1Amended CodeCitation Text
4054-118.3New CodeSee Bill Text
4054-120Amended CodeCitation Text
4054-121Amended CodeCitation Text
4054-121.1New CodeSee Bill Text
4054-121.2New CodeSee Bill Text
4054-121.3New CodeSee Bill Text
4054-121.5New CodeSee Bill Text
4054-121.6New CodeSee Bill Text
4054-122Amended CodeCitation Text
4054-123Amended CodeCitation Text
4054-124Amended CodeCitation Text
4054-125Amended CodeCitation Text
4054-127.1New CodeSee Bill Text
4054-127.10New CodeSee Bill Text
4054-127.2New CodeSee Bill Text
4054-127.3New CodeSee Bill Text
4054-127.4New CodeSee Bill Text
4054-127.5New CodeSee Bill Text
4054-127.6New CodeSee Bill Text
4054-127.7New CodeSee Bill Text
4054-127.8New CodeSee Bill Text
4054-127.9New CodeSee Bill Text
4054-128Amended CodeCitation Text
4054-130Amended CodeCitation Text
4054-130.1New CodeSee Bill Text
4054-130.2New CodeSee Bill Text
4054-130.3New CodeSee Bill Text
4054-130.4New CodeSee Bill Text
4054-130.5New CodeSee Bill Text
4054-131Amended CodeCitation Text
4054-132Amended CodeCitation Text
4054-133Amended CodeCitation Text
4054-134Amended CodeCitation Text
4054-135Amended CodeCitation Text
4054-136.05New CodeSee Bill Text
4054-136.1New CodeSee Bill Text
4054-136.2New CodeSee Bill Text
4054-136.3New CodeSee Bill Text
4054-136.4New CodeSee Bill Text
4054-136.5New CodeSee Bill Text
4054-136.6New CodeSee Bill Text
4054-138.10Amended CodeCitation Text
4054-138.5Amended CodeCitation Text
4054-139Amended CodeCitation Text
4054-141Amended CodeCitation Text
4054-142Amended CodeCitation Text
4057-109Amended CodeCitation Text
4057-139.10Amended CodeCitation Text
4057-199.5New CodeSee Bill Text
4057-199.6New CodeSee Bill Text

Illinois State Sources


Bill Comments

feedback