IL SB3689 | 2021-2022 | 102nd General Assembly
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 21 2022 - 25% progression, died in committee
Action: 2022-01-21 - Referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 21 2022 - 25% progression, died in committee
Action: 2022-01-21 - Referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the General Provisions, Illinois Municipal Retirement Fund (IMRF), State Universities, and Downstate Teacher Articles of the Illinois Pension Code. With regard to Tier 2 members under the Downstate Teacher or State Universities Article and Tier 2 regular employees who are employees of an educational employer: makes changes to the age and service credit requirements for receiving an annuity; increases the amount of the automatic annual increases to retirement annuities; makes changes to the formula for calculating final average salary; and increases the limitation on the amount of salary that is used to calculate benefits. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.
Title
PEN CD-TIER 2 BENEFITS
Sponsors
History
Date | Chamber | Action |
---|---|---|
2022-01-21 | Senate | Referred to Assignments |
2022-01-21 | Senate | First Reading |
2022-01-21 | Senate | Filed with Secretary by Sen. Robert F. Martwick |
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
30 | 805 | 8.46 | New Code | See Bill Text |
40 | 5 | 1-160 | Amended Code | Citation Text |
40 | 5 | 15-111 | Amended Code | Citation Text |
40 | 5 | 15-112 | Amended Code | Citation Text |
40 | 5 | 15-135 | Amended Code | Citation Text |
40 | 5 | 15-136 | Amended Code | Citation Text |
40 | 5 | 15-198 | Amended Code | Citation Text |
40 | 5 | 16-203 | Amended Code | Citation Text |
40 | 5 | 7-114 | Amended Code | Citation Text |
40 | 5 | 7-116 | Amended Code | Citation Text |
40 | 5 | 7-141 | Amended Code | Citation Text |
40 | 5 | 7-142 | Amended Code | Citation Text |
Illinois State Sources
Type | Source |
---|---|
Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=3689&GAID=16&DocTypeID=SB&SessionID=110&GA=102 |
Text | https://www.ilga.gov/legislation/102/SB/10200SB3689.htm |