Date	Chamber	Action
1/13/2021	House	Session Sine Die

Statutes Amended In Order of Appearance

40 ILCS 5/1-163 new

Synopsis As Introduced
Amends the Illinois Pension Code. Provides that the total amount of the retirement annuity or pension benefits a person may receive from any pension fund or retirement system under the Code in any year shall not exceed $132,900; however, that amount shall annually thereafter be increased by the percentage increase (but not less than zero) in the consumer price index-u for the 12 months ending with the September preceding each November 1, including all previous adjustments. Provides that the changes apply without regard to whether a person became a member, participant, beneficiary, or annuitant before the effective date of the amendatory Act. Effective immediately.

Actions 

Date	Chamber	Action
8/2/2019	House	Filed with the Clerk by Rep. Allen Skillicorn
10/7/2019	House	Added Chief Co-Sponsor Rep. Blaine Wilhour
10/17/2019	House	First Reading
10/17/2019	House	Referred to Rules Committee
1/13/2021	House	Session Sine Die

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