Illinois General Assembly - Bill Status for SB3276
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 Bill Status of SB3276  99th General Assembly

Short Description:  PENCD-LOCAL CONTRL OF BENEFITS

Senate Sponsors
Sen. Matt Murphy

Last Action
DateChamber Action
  1/10/2017SenateSession Sine Die

Statutes Amended In Order of Appearance
5 ILCS 315/7.6 new
40 ILCS 5/3-101.5 new
40 ILCS 5/3-150from Ch. 108 1/2, par. 3-150
40 ILCS 5/4-101.5 new
40 ILCS 5/4-142from Ch. 108 1/2, par. 4-142
40 ILCS 5/5-101.5 new
40 ILCS 5/6-101.5 new
40 ILCS 5/7-101.5 new
40 ILCS 5/8-101.5 new
40 ILCS 5/9-101.5 new
40 ILCS 5/10-101.5 new
40 ILCS 5/10-103from Ch. 108 1/2, par. 10-103
40 ILCS 5/11-101.5 new
40 ILCS 5/12-101.5 new
40 ILCS 5/13-101.5 new
40 ILCS 5/15-101.5 new
40 ILCS 5/16-101.5 new
40 ILCS 5/17-101.5 new
115 ILCS 5/10.6 new


Synopsis As Introduced
Amends the Illinois Pension Code. Authorizes units of local government to provide alternative retirement plans in lieu of or in addition to the existing plan under the applicable Article. Provides that the alternative retirement plan may include a defined-benefit component, a defined contribution component, or both, and may include disability or survivor benefits and any other benefits that are permitted under federal law. Provides that the alternative retirement plan is not required to provide any minimum level of benefits and need not provide any benefits at all, other than mandatory Social Security coverage if applicable. Provides that service credit received under an alternative retirement plan may not be transferred to any other fund and may not be used under the Retirement Systems Reciprocal Act (Article 20 of the Code). Amends the Illinois Public Labor Relations Act and the Illinois Educational Labor Relations Act. Provides that employers shall not be required to bargain over the changes made by the amendatory Act.

Actions 
DateChamber Action
  2/19/2016SenateFiled with Secretary by Sen. Matt Murphy
  2/19/2016SenateFirst Reading
  2/19/2016SenateReferred to Assignments
  3/8/2016SenateAssigned to Executive
  3/10/2016SenateTo Subcommittee on Special Issues (EX)
  4/8/2016SenateRule 3-9(a) / Re-referred to Assignments
  1/10/2017SenateSession Sine Die

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