Illinois General Assembly - Bill Status for HB5063

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Bill Status of HB5063 97th General Assembly

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Short Description: PEN CD-NEW HIRES-67 TO 62

House Sponsors
Rep. Raymond Poe

Last Action

Date	Chamber	Action
1/8/2013	House	Session Sine Die

Statutes Amended In Order of Appearance

40 ILCS 5/1-160

30 ILCS 805/8.36 new

Synopsis As Introduced
Amends the General Provisions Article of the Illinois Pension Code. In provisions that are applicable to certain new hires: (i) reduces the minimum age at which a participant is entitled to an unreduced retirement annuity and the annual increases in retirement annuity from 67 to 62, and (ii) removes provisions concerning entitlement to a reduced retirement annuity at age 62. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

Actions

Date	Chamber	Action
2/7/2012	House	Filed with the Clerk by Rep. Raymond Poe
2/7/2012	House	First Reading
2/7/2012	House	Referred to Rules Committee
1/8/2013	House	Session Sine Die

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