DUDYCZ, CULLERTON AND MUNOZ. (MURPHY-HARRIS-MADIGAN,MJ-GRANBERG-SMITH,MICHAEL) 40 ILCS 5/1-113 Amends the General Provisions Article of the Illinois Pension Code. Makes a technical change in the caption of a Section relating to investments. PENSION NOTE (Pension Laws Commission) SB 851 would not have a fiscal impact on any public pension fund or retirement system in the State of Ill. HOUSE AMENDMENT NO. 2. Deletes reference to: 40 ILCS 5/1-113 Adds reference to: 40 ILCS 5/3-105.2 new 40 ILCS 5/3-109.2 new 40 ILCS 5/3-109.3 new 40 ILCS 5/3-110 from Ch. 108 1/2, par. 3-110 40 ILCS 5/3-111 from Ch. 108 1/2, par. 3-111 40 ILCS 5/3-111.1 from Ch. 108 1/2, par. 3-111.1 40 ILCS 5/3-112 from Ch. 108 1/2, par. 3-112 40 ILCS 5/3-113.1 40 ILCS 5/3-114.1 from Ch. 108 1/2, par. 3-114.1 40 ILCS 5/3-114.2 from Ch. 108 1/2, par. 3-114.2 40 ILCS 5/3-114.3 from Ch. 108 1/2, par. 3-114.3 40 ILCS 5/3-114.6 40 ILCS 5/3-120 from Ch. 108 1/2, par. 3-120 40 ILCS 5/3-124.1 from Ch. 108 1/2, par. 3-124.1 40 ILCS 5/3-125.1 from Ch. 108 1/2, par. 3-125.1 40 ILCS 5/3-127 from Ch. 108 1/2, par. 3-127 30 ILCS 805/8.24 new Replaces everything. Amends the Downstate Police Article of the Illinois Pension Code. Increases the pension formula from 2% to 2.5% of salary for the 21st through 30th year of service. Allows police officers to obtain service credit for a period of up to 3 years spent on duty or nonduty disability; requires a return to service for an equivalent period and payment of employee contributions before retirement. Provides duty disability benefits for an officer who becomes disabled due to a duty-related stroke. Provides for calculation of the initial automatic annual increase in retirement pension on a monthly (rather than annual) basis. Raises certain disability pensions to the amount of the retirement pension that the police officer would be eligible to receive if he or she retired. Increases the employee contribution rate. Provides for the adoption of a self-managed retirement program for certain employees. Provides that the program must be qualified under the Internal Revenue Code of 1986. Includes provisions concerning participation in the program, contributions, and vesting. Also provides annual increases in duty disability benefits (including retroactive increases and a lump sum payment) for certain disabled officers who earn no income from gainful employment. Requires application within 30 days and imposes other requirements. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately. 99-02-24 S FIRST READING 99-02-24 S REFERRED TO SENATE RULES COMMITTEE RULES 99-02-25 S ASSIGNED TO COMMITTEE INS & PENS. 99-03-08 S PENSION NOTE FILED 99-03-10 S DO PASS 007-000-000 SINS 99-03-10 S PLACED ON CALENDAR ORDER OF 2ND READING 99-03-11 99-03-11 S SECOND READING 99-03-11 S PLACED ON CALENDAR ORDER OF 3RD READING 99-03-16 99-03-11 S ADDED AS A CO-SPONSOR CULLERTON 99-03-24 S THIRD READING - PASSED 058-001-000 99-03-24 H ARRIVE IN HOUSE 99-03-24 H PLACED CALENDAR ORDER OF FIRST READING 99-03-25 H HOUSE SPONSOR MURPHY 99-03-25 H FIRST READING 99-03-25 H REFERRED TO HOUSE RULES COMMITTEE RULES 99-04-14 H ASSIGNED TO COMMITTEE PERS PENSION 99-04-29 H COMMITTEE AND 3RD 99-04-29 H READING DEADLINE 99-04-29 H EXTENDED - 5/21/99 99-04-29 H COMMITTEE PERS PENSION 99-05-21 H COMMITTEE AND 3RD 99-05-21 H READING DEADLINE 99-05-21 H EXTENDED - 5/31/99 99-05-21 H COMMITTEE PERS PENSION 99-05-26 H MOTION FILED TO SUSPEND RULE 25 MURPHY 99-05-26 H MOTION PREVAILED TO SUSPEND RULE 25 99-05-26 H COMMITTEE PERS PENSION 99-05-31 H RE-REFERRED TO RULES COMM/RULE 19(A) RULES HRUL 99-11-30 H APPROVED FOR CONSIDERATION 003-002-000 HRUL 99-11-30 H PLACED CAL 2ND READING-STANDARD DEBATE 99-11-30 H SECOND READING-STANDARD DEBATE 99-11-30 H HELD CAL ORDER 2ND READING-STANDARD DBT 99-12-01 H AMENDMENT NO. 01-MADIGAN,MJ 99-12-01 H AMENDMENT REFERRED TO HRUL 99-12-01 H HELD CAL ORDER 2ND READING-STANDARD DBT 99-12-02 H 3RD RDING DEADLINE 99-12-02 H EXTENDED - 4/14/00 99-12-02 H HELD CAL ORDER 2ND READING-STANDARD DBT 00-04-06 H ADDED AS A JOINT SPONSOR HARRIS 00-04-14 H FINAL PASSAGE 00-04-14 H DEADLINE EXTENDED 00-04-14 H UNTIL - 04/16/00 00-04-14 H HELD CAL ORDER 2ND READING-STANDARD DBT 00-04-15 H FINAL PASSAGE 00-04-15 H DEADLINE EXTENDED 00-04-15 H UNTIL - 12/1/00 00-04-15 H HELD CAL ORDER 2ND READING-STANDARD DBT 00-11-14 H AMENDMENT NO. 02-GRANBERG 00-11-14 H AMENDMENT REFERRED TO HRUL 00-11-14 H RULES REFERS TO HPPN 00-11-14 H HELD CAL ORDER 2ND READING-STANDARD DBT 00-11-14 H ADDED AS A JOINT SPONSOR MADIGAN,MJ 00-11-14 H ADDED AS A JOINT SPONSOR GRANBERG 00-11-14 H ADDED AS A JOINT SPONSOR SMITH,MICHAEL 00-11-15 H AMENDMENT NO. 02-GRANBERG 00-11-15 H RECOMMENDS BE ADOPTED HPPN/009-000-000 00-11-15 H HELD CAL ORDER 2ND READING-STANDARD DBT 00-11-16 H AMENDMENT NO. 02-GRANBERG 00-11-16 H ADOPTED 00-11-16 H PLCD CAL ORDER 3RD READING-STNDRD DEBATE 00-11-16 H TABLED PURSUANT TO RULE 40(a) HOUSE AMEND #1 00-11-16 H THIRD READING/STANDARD DEBATE/PASS 114-000-000 00-11-28 S SECRETARYS DESK - CONCURRENCE 02 00-11-29 S ADDED AS A CO-SPONSOR MUNOZ 00-11-29 S FILED WITH SECRETARY 00-11-29 S MOTION TO CONCUR - HOUSE AMENDMENT NO 02/DUDYCZ 00-11-29 S MOTION REFERRED TO SRUL 00-11-29 S SPONSOR REMOVED MAITLAND 00-11-29 S CHIEF SPONSOR CHANGED TO DUDYCZ 00-11-29 S MOTION TO CONCUR - HOUSE AMENDMENT NO 02/DUDYCZ 00-11-29 S RULES REFERS TO SINS 00-11-29 S MOTION TO CONCUR - HOUSE AMENDMENT NO 02/DUDYCZ 00-11-29 S BE ADOPTED SINS/009-000-000 00-11-30 S MOTION TO CONCUR - HOUSE AMENDMENT NO 02/DUDYCZ 00-11-30 S SEN CONCURS IN HSE AMENDMENTS (NO.) 02/058-000-000 00-11-30 S PASSED BOTH HOUSES 00-12-08 S SENT TO THE GOVERNOR 01-02-01 S GOVERNOR APPROVED 01-02-01 S EFFECTIVE DATE 01-02-01 01-02-01 S PUBLIC ACT.............................. 91-0939 END OF INQUIRY Full Text Bill Summary