Illinois General Assembly - Bill Status for HB1502
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 Bill Status of HB1502  97th General Assembly


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

House Sponsors
Rep. Raymond Poe

Last Action
DateChamber Action
  1/8/2013HouseSession Sine Die

Statutes Amended In Order of Appearance
40 ILCS 5/1-160
30 ILCS 805/8.35 new


Synopsis As Introduced
Amends the Illinois Pension Code. In provisions that are applicable to new hires: (i) provides that a member or participant is entitled to a retirement annuity upon written application if he or she has attained age 62 (rather than age 67), has at least 10 years of service credit, and is otherwise eligible under the requirements of the applicable Article and (ii) removes provisions concerning entitlement to a reduced annuity. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

Actions 
DateChamber Action
  2/10/2011HouseFiled with the Clerk by Rep. Raymond Poe
  2/14/2011HouseFirst Reading
  2/14/2011HouseReferred to Rules Committee
  2/15/2011HouseAssigned to Personnel and Pensions Committee
  3/17/2011HouseRule 19(a) / Re-referred to Rules Committee
  1/8/2013HouseSession Sine Die

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