Illinois General Assembly - Bill Status for HB2061

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Bill Status of HB2061 97th General Assembly

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Short Description: PEN CD-NEW HIRE-SALARY

House Sponsors
Rep. Carol A. Sente

Last Action

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

Statutes Amended In Order of Appearance

40 ILCS 5/1-162 new

Synopsis As Introduced
Amends the Illinois Pension Code. Provides that if the amount of earnings of a participant or member of the specified pension systems or retirement funds exceeds the amount of his or her earnings with the same employer for the previous plan year by more than 12%, then that portion of the increase of salary in excess of 12% shall not be included in the calculation of any of the following, as is applicable: final average salary, highest average annual salary for any 4 consecutive years within the last 10 years of service immediately preceding the date of withdrawal, average final salary, final average compensation, or average salary. Effective July 1, 2011.

Actions

Date	Chamber	Action
2/17/2011	House	Filed with the Clerk by Rep. Carol A. Sente
2/17/2011	House	First Reading
2/17/2011	House	Referred to Rules Committee
2/23/2011	House	Assigned to Personnel and Pensions Committee
3/1/2011	House	House Committee Amendment No. 1 Filed with Clerk by Rep. Carol A. Sente
3/1/2011	House	House Committee Amendment No. 1 Referred to Rules Committee
3/7/2011	House	House Committee Amendment No. 1 Rules Refers to Personnel and Pensions Committee
3/17/2011	House	House Committee Amendment No. 1 Tabled Pursuant to Rule 40
3/17/2011	House	Rule 19(a) / Re-referred to Rules Committee
1/8/2013	House	Session Sine Die

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