Bill Text: IL HB0092 | 2013-2014 | 98th General Assembly | Introduced

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Bill Title: Amends the General Assembly Article of the Illinois Pension Code. Provides that no participant shall accrue service credit on or after January 14, 2015, and no member shall become a participant on or after January 14, 2015.

Spectrum: Partisan Bill (Republican 6-0)

Status: (Failed) 2014-12-03 - Session Sine Die [HB0092 Detail]

Download: Illinois-2013-HB0092-Introduced.html

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98TH GENERAL ASSEMBLY State of Illinois 2013 and 2014 HB0092 Introduced , by Rep. David McSweeney SYNOPSIS AS INTRODUCED:
40 ILCS 5/2-101.1 new
Amends the General Assembly Article of the Illinois Pension Code. Provides that no participant shall accrue service credit on or after January 14, 2015, and no member shall become a participant on or after January 14, 2015.
LRB098 03852 JDS 33869 b
FISCAL NOTE ACT MAY APPLY PENSION IMPACT NOTE ACT MAY APPLY
A BILL FOR
HB0092 LRB098 03852 JDS 33869 b
AN ACT concerning public employee benefits.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
Section 5. The Illinois Pension Code is amended by adding
Section 2-101.1 as follows:
(40 ILCS 5/2-101.1 new)
Sec. 2-101.1. Elimination of benefit accruals; termination
of participation in system. Notwithstanding any other law, no
participant shall accrue service credit under this Article on
or after January 14, 2015, and no member shall become a
participant on or after January 14, 2015.