IL HB0149 | 2011-2012 | 97th General Assembly
Status
Completed Legislative Action
Spectrum: Partisan Bill (Republican 7-0)
Status: Failed on January 8 2013 - 100% progression
Action: 2013-01-08 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]
Spectrum: Partisan Bill (Republican 7-0)
Status: Failed on January 8 2013 - 100% progression
Action: 2013-01-08 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the Illinois Pension Code. Requires current participants in the State-funded pension and retirement systems to make a one-time, irrevocable election of one of the following: (i) the traditional benefit package under the applicable Article of the Pension Code, (ii) the existing benefit package for new hires, or (iii) a self-managed plan (if made available by the participant's employer). Authorizes persons who became or become participants on or after January 1, 2011 to irrevocably elect either: (i) the benefit package for new hires or (ii) the self-managed plan (if made available by the participant's employer). Sets forth the requirements for the self-managed plan and provides that if such a plan is available it is the default plan if a participant fails to make an election. In the Articles creating the State-funded pension and retirement systems, provides: (i) that, beginning in fiscal year 2013, the State's required contribution is the greater of 6% of the applicable employee payroll or one-half of the actuarially-determined normal cost of the benefit package for new hires and (ii) that the required employee contribution will be based on the benefit package elected by the participant. Amends the Illinois Public Labor Relations Act to provide that the changes made by the amendatory Act control when there is a conflict with the Illinois Public Labor Relations Act.
Title
PEN CD-ELECTION OF BENEFITS
Sponsors
Rep. Tom Cross [R] | Rep. Dave Winters [R] | Rep. Darlene Senger [R] | Rep. Sandra Pihos [R] |
Sen. Chris Nybo [R] | Rep. David Harris [R] | Rep. David Leitch [R] |
History
Date | Chamber | Action |
---|---|---|
2013-01-08 | House | Session Sine Die |
2011-05-25 | House | Removed Co-Sponsor Rep. Michael W. Tryon |
2011-03-17 | House | Rule 19(a) / Re-referred to Rules Committee |
2011-02-17 | House | Added Co-Sponsor Rep. David R. Leitch |
2011-02-09 | House | Added Co-Sponsor Rep. Michael W. Tryon |
2011-02-09 | House | Added Co-Sponsor Rep. David Harris |
2011-02-08 | House | Assigned to Personnel and Pensions Committee |
2011-01-18 | House | Referred to Rules Committee |
2011-01-18 | House | First Reading |
2011-01-18 | House | Added Co-Sponsor Rep. Chris Nybo |
2011-01-13 | House | Chief Co-Sponsor Rep. Sandra M. Pihos |
2011-01-13 | House | Chief Co-Sponsor Rep. Darlene J. Senger |
2011-01-13 | House | Chief Co-Sponsor Rep. Dave Winters |
2011-01-13 | House | Filed with the Clerk by Rep. Tom Cross |
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
40 | 5 | 1-161 | New Code | See Bill Text |
40 | 5 | 1-162 | New Code | See Bill Text |
40 | 5 | 1-163 | New Code | See Bill Text |
40 | 5 | 14-131 | Amended Code | Citation Text |
40 | 5 | 14-133 | Amended Code | Citation Text |
40 | 5 | 15-155 | Amended Code | Citation Text |
40 | 5 | 15-157 | Amended Code | Citation Text |
40 | 5 | 16-152 | Amended Code | Citation Text |
40 | 5 | 16-158 | Amended Code | Citation Text |
40 | 5 | 18-131 | Amended Code | Citation Text |
40 | 5 | 18-133 | Amended Code | Citation Text |
40 | 5 | 2-124 | Amended Code | Citation Text |
40 | 5 | 2-126 | Amended Code | Citation Text |
5 | 315 | 15 | Amended Code | Citation Text |
Illinois State Sources
Type | Source |
---|---|
Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=149&GAID=11&DocTypeID=HB&SessionID=84&GA=97 |
Text | https://www.ilga.gov/legislation/97/HB/09700HB0149.htm |