Bill Text: IL HB0276 | 2017-2018 | 100th General Assembly | Introduced


Bill Title: Amends the General Assembly Article of the Illinois Pension Code. Restricts participation in the General Assembly Retirement System to persons who became participants before the effective date of the amendatory Act and provides that, beginning on that date, the System shall not accept any new participants. Makes related changes. Effective immediately.

Spectrum: Slight Partisan Bill (Republican 10-5)

Status: (Introduced) 2017-03-31 - Rule 19(a) / Re-referred to Rules Committee [HB0276 Detail]

Download: Illinois-2017-HB0276-Introduced.html


100TH GENERAL ASSEMBLY
State of Illinois
2017 and 2018
HB0276

Introduced , by Rep. Martin J. Moylan

SYNOPSIS AS INTRODUCED:
40 ILCS 5/2-101 from Ch. 108 1/2, par. 2-101
40 ILCS 5/2-105 from Ch. 108 1/2, par. 2-105
40 ILCS 5/2-107 from Ch. 108 1/2, par. 2-107

Amends the General Assembly Article of the Illinois Pension Code. Restricts participation in the General Assembly Retirement System to persons who became participants before the effective date of the amendatory Act and provides that, beginning on that date, the System shall not accept any new participants. Makes related changes. Effective immediately.
LRB100 04684 RPS 14690 b
FISCAL NOTE ACT MAY APPLY
PENSION IMPACT NOTE ACT MAY APPLY

A BILL FOR

HB0276LRB100 04684 RPS 14690 b
1 AN ACT concerning public employee benefits.
2 Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
4 Section 5. The Illinois Pension Code is amended by changing
5Sections 2-101, 2-105, and 2-107 as follows:
6 (40 ILCS 5/2-101) (from Ch. 108 1/2, par. 2-101)
7 Sec. 2-101. Creation of system. A retirement system is
8created to provide retirement annuities, survivor's annuities
9and other benefits for certain members of the General Assembly,
10certain elected state officials, and their beneficiaries.
11 The system shall be known as the "General Assembly
12Retirement System". All its funds and property shall be a trust
13separate from all other entities, maintained for the purpose of
14securing payment of annuities and benefits under this Article.
15 Participation in the retirement system created under this
16Article is restricted to persons who became participants before
17the effective date of this amendatory Act of the 100th General
18Assembly. Beginning on that date, the System shall not accept
19any new participants.
20(Source: P.A. 83-1440.)
21 (40 ILCS 5/2-105) (from Ch. 108 1/2, par. 2-105)
22 Sec. 2-105. Member. "Member": Members of the General

HB0276- 2 -LRB100 04684 RPS 14690 b
1Assembly of this State, including persons who enter military
2service while a member of the General Assembly, and any person
3serving as Governor, Lieutenant Governor, Secretary of State,
4Treasurer, Comptroller, or Attorney General for the period of
5service in such office.
6 Any person who has served for 10 or more years as Clerk or
7Assistant Clerk of the House of Representatives, Secretary or
8Assistant Secretary of the Senate, or any combination thereof,
9may elect to become a member of this system while thenceforth
10engaged in such service by filing a written election with the
11board. Any person so electing shall be deemed an active member
12of the General Assembly for the purpose of validating and
13transferring any service credits earned under any of the funds
14and systems established under Articles 3 through 18 of this
15Code.
16 However, notwithstanding any other provision of this
17Article, a person shall not be deemed a member for the purposes
18of this Article unless he or she became a participant of the
19System before the effective date of this amendatory Act of the
20100th General Assembly.
21(Source: P.A. 85-1008.)
22 (40 ILCS 5/2-107) (from Ch. 108 1/2, par. 2-107)
23 Sec. 2-107. Participant. "Participant": Any member who
24elects to participate; and any former member who elects to
25continue participation under Section 2-117.1, for the duration

HB0276- 3 -LRB100 04684 RPS 14690 b
1of such continued participation. However, notwithstanding any
2other provision of this Article, a person shall not be deemed a
3participant for the purposes of this Article unless he or she
4became a participant of the System before the effective date of
5this amendatory Act of the 100th General Assembly.
6(Source: P.A. 86-1488.)
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