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 Bill Status of SB2172  100th General Assembly


Short Description:  PEN CD-VARIOUS

Senate Sponsors
Sen. Michael Connelly - Tom Rooney - Jil Tracy, William E. Brady, Jim Oberweis and Pamela J. Althoff

Hearings
Executive Hearing Mar 29 2017 12:00PM Capitol 212 Springfield, IL


Last Action
DateChamber Action
  3/16/2017SenateAssigned to Executive

Statutes Amended In Order of Appearance
5 ILCS 375/3from Ch. 127, par. 523
5 ILCS 375/10from Ch. 127, par. 530
30 ILCS 122/20
40 ILCS 5/1-160
40 ILCS 5/1-161 new
40 ILCS 5/1-162 new
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 5/2-124from Ch. 108 1/2, par. 2-124
40 ILCS 5/2-134from Ch. 108 1/2, par. 2-134
40 ILCS 5/2-162
40 ILCS 5/2-165.1 new
40 ILCS 5/2-166.1 new
40 ILCS 5/14-103.41 new
40 ILCS 5/14-131
40 ILCS 5/14-135.08from Ch. 108 1/2, par. 14-135.08
40 ILCS 5/14-147.5 new
40 ILCS 5/14-152.1
40 ILCS 5/14-155.1 new
40 ILCS 5/14-155.2 new
40 ILCS 5/14-156.1 new
40 ILCS 5/15-108.1
40 ILCS 5/15-108.2
40 ILCS 5/15-155from Ch. 108 1/2, par. 15-155
40 ILCS 5/15-165from Ch. 108 1/2, par. 15-165
40 ILCS 5/15-185.5 new
40 ILCS 5/15-198
40 ILCS 5/15-200.1 new
40 ILCS 5/15-201.1 new
40 ILCS 5/16-107.1 new
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 5/16-205.1 new
40 ILCS 5/16-206.1 new
40 ILCS 5/17-106.05 new
40 ILCS 5/17-127from Ch. 108 1/2, par. 17-127
40 ILCS 5/17-129from Ch. 108 1/2, par. 17-129
40 ILCS 5/18-131from Ch. 108 1/2, par. 18-131
40 ILCS 5/18-140from Ch. 108 1/2, par. 18-140
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 5/16-205 rep.
40 ILCS 5/16-206 rep.
40 ILCS 15/1.1
30 ILCS 805/8.41 new


Synopsis As Introduced
Amends the Illinois Pension Code. Restricts participation in the General Assembly Retirement System to persons who became participants before the effective date. Provides separate benefits for persons who, on or after 6 months after the effective date, first become participants or members under the State Universities or Downstate Teachers Article or a noncovered participant under the State Employees Article. Requires those retirement systems to establish a defined contribution plan for certain members. In the IMRF, Chicago Municipal, Cook County, Cook County Forest Preserve, Chicago Laborers, Chicago Park District, Metropolitan Water Reclamation District, and Chicago Teachers Articles, establishes similar benefits if the governing body of the unit of local government adopts those benefits by resolution or ordinance. In the State Employee, State Universities, and Downstate Teachers Articles, requires those Systems to offer certain inactive members the opportunity to elect to receive an accelerated pension benefit payment equal to 70% of the net present value of their pension benefits in lieu of receiving any pension benefit. In the 5 State-funded retirement systems and the Chicago Teachers Pension Fund, makes funding changes. In the State Universities and Downstate Teachers Articles, shifts certain costs to the local employer. In the Chicago Teachers Article, requires the State to contribute $215,200,000 for fiscal year 2017 and provides a continuing appropriation from the Common School Fund for that contribution. Amends the Budget Stabilization Act. Provides for the transfer of certain amounts from the General Revenue Fund to the Pension Stabilization Fund. Makes other changes. Effective immediately.

Actions 
DateChamber Action
  3/15/2017SenateFiled with Secretary by Sen. Michael Connelly
  3/15/2017SenateFirst Reading
  3/15/2017SenateReferred to Assignments
  3/16/2017SenateAssigned to Executive
  3/16/2017SenateAdded as Co-Sponsor Sen. William E. Brady
  3/16/2017SenateAdded as Co-Sponsor Sen. Jim Oberweis
  3/16/2017SenateAdded as Chief Co-Sponsor Sen. Tom Rooney
  3/17/2017SenateAdded as Co-Sponsor Sen. Jil Tracy
  3/17/2017SenateSponsor Removed Sen. Jil Tracy
  3/17/2017SenateRule 2-10 Committee Deadline Established As April 7, 2017
  3/17/2017SenateAdded as Co-Sponsor Sen. Pamela J. Althoff
  3/21/2017SenateAdded as Chief Co-Sponsor Sen. Jil Tracy

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