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 Bill Status of HB4057  100th General Assembly


Short Description:  PENCD-STATE SYS-TIER 3

House Sponsors
Rep. Jeanne M Ives

Last Action
DateChamber Action
  5/29/2017HouseReferred to Rules Committee

Statutes Amended In Order of Appearance
5 ILCS 375/3from Ch. 127, par. 523
5 ILCS 375/10from Ch. 127, par. 530
20 ILCS 3501/801-40
30 ILCS 105/5.878 new
30 ILCS 330/2from Ch. 127, par. 652
30 ILCS 330/2.5
30 ILCS 330/7.6 new
30 ILCS 330/9from Ch. 127, par. 659
30 ILCS 330/11from Ch. 127, par. 661
30 ILCS 330/12from Ch. 127, par. 662
30 ILCS 330/13from Ch. 127, par. 663
40 ILCS 5/1-160
40 ILCS 5/2-101from Ch. 108 1/2, par. 2-101
40 ILCS 5/2-105from Ch. 108 1/2, par. 2-105
40 ILCS 5/2-105.3 new
40 ILCS 5/2-107from Ch. 108 1/2, par. 2-107
40 ILCS 5/2-117from Ch. 108 1/2, par. 2-117
40 ILCS 5/2-154.5 new
40 ILCS 5/2-162
40 ILCS 5/2-165.5 new
40 ILCS 5/7-114from Ch. 108 1/2, par. 7-114
40 ILCS 5/7-116from Ch. 108 1/2, par. 7-116
40 ILCS 5/7-139from Ch. 108 1/2, par. 7-139
40 ILCS 5/14-103.05from Ch. 108 1/2, par. 14-103.05
40 ILCS 5/14-103.10from Ch. 108 1/2, par. 14-103.10
40 ILCS 5/14-103.41 new
40 ILCS 5/14-103.42 new
40 ILCS 5/14-103.43 new
40 ILCS 5/14-104.3from Ch. 108 1/2, par. 14-104.3
40 ILCS 5/14-106from Ch. 108 1/2, par. 14-106
40 ILCS 5/14-147.5 new
40 ILCS 5/14-152.1
40 ILCS 5/14-155.5 new
40 ILCS 5/15-108.1
40 ILCS 5/15-108.2
40 ILCS 5/15-108.3 new
40 ILCS 5/15-112from Ch. 108 1/2, par. 15-112
40 ILCS 5/15-113.4from Ch. 108 1/2, par. 15-113.4
40 ILCS 5/15-134from Ch. 108 1/2, par. 15-134
40 ILCS 5/15-155from Ch. 108 1/2, par. 15-155
40 ILCS 5/15-185.5 new
40 ILCS 5/15-198
40 ILCS 5/15-200.5 new
40 ILCS 5/16-106.40 new
40 ILCS 5/16-106.41 new
40 ILCS 5/16-106.42 new
40 ILCS 5/16-123from Ch. 108 1/2, par. 16-123
40 ILCS 5/16-127from Ch. 108 1/2, par. 16-127
40 ILCS 5/16-152.1from Ch. 108 1/2, par. 16-152.1
40 ILCS 5/16-158from Ch. 108 1/2, par. 16-158
40 ILCS 5/16-190.5 new
40 ILCS 5/16-203
40 ILCS 5/16-205.5 new
40 ILCS 5/18-110.1 new
40 ILCS 5/18-110.2 new
40 ILCS 5/18-110.3 new
40 ILCS 5/18-120from Ch. 108 1/2, par. 18-120
40 ILCS 5/18-121.5 new
40 ILCS 5/18-124from Ch. 108 1/2, par. 18-124
40 ILCS 5/18-125from Ch. 108 1/2, par. 18-125
40 ILCS 5/18-125.1from Ch. 108 1/2, par. 18-125.1
40 ILCS 5/18-127from Ch. 108 1/2, par. 18-127
40 ILCS 5/18-128.01from Ch. 108 1/2, par. 18-128.01
40 ILCS 5/18-133from Ch. 108 1/2, par. 18-133
40 ILCS 5/18-161.5 new
40 ILCS 5/18-169
40 ILCS 5/20-121from Ch. 108 1/2, par. 20-121
40 ILCS 5/20-123from Ch. 108 1/2, par. 20-123
40 ILCS 5/20-124from Ch. 108 1/2, par. 20-124
40 ILCS 5/20-125from Ch. 108 1/2, par. 20-125
40 ILCS 5/2-165 rep.
40 ILCS 5/2-166 rep.
40 ILCS 5/14-155 rep.
40 ILCS 5/14-156 rep.
40 ILCS 5/15-200 rep.
40 ILCS 5/15-201 rep.
40 ILCS 5/16-106.4 rep.
40 ILCS 5/16-205 rep.
40 ILCS 5/16-206 rep.
40 ILCS 15/1.9 new
115 ILCS 5/4from Ch. 48, par. 1704
115 ILCS 5/10.6 new
115 ILCS 5/17from Ch. 48, par. 1717
30 ILCS 805/8.41 new


Synopsis As Introduced
Amends the Illinois Pension Code. For the 5 State-funded Retirement Systems: Requires implementation of a Tier 3 plan that aggregates State and employee contributions in individual participant accounts. Provides that a person who becomes a participant on or after July 1, 2018 shall participate in the Tier 3 plan. Authorizes a Tier 1 or Tier 2 participant to elect to participate in the Tier 3 plan. Requires Systems to offer an optional accelerated benefit payment to certain members in lieu of receiving a pension and authorizes the issuance of bonds for those payments. Authorizes a person to elect not to participate or to terminate participation in the Systems. Restricts participation in the General Assembly Retirement System to current participants. In Articles 7, 14, 15, and 16, for new participants, prohibits unused sick or vacation time from being used to calculate pensionable salary or establish service credit. In Articles 15 and 16, requires an employer to pay the projected costs of the increase in pension benefits associated with an increase in salary. In Article 16, prohibits an employer from making employee contributions on behalf of an employee, except as specified. Amends other Acts to prohibit collective bargaining over that prohibition and make conforming changes. Effective immediately.

Actions 
DateChamber Action
  5/26/2017HouseFiled with the Clerk by Rep. Jeanne M Ives
  5/29/2017HouseFirst Reading
  5/29/2017HouseReferred to Rules Committee

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