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<xml>
<title>Illinois General Assembly - Bill Status for HB 522    </title>
<shortdesc>PEN CD-IMRF-INCR 13TH CHECK</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Steve Davis</sponsors>
</sponsor>
<lastaction>
<statusdate>1/11/2005</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>40 ILCS 5/7-144.3</reference><aliasreference>from Ch. 108 1/2, par. 7-144.3</aliasreference><reference>30 ILCS 805/8.27 new</reference><aliasreference></aliasreference><SynopsisText>     Amends the Illinois Municipal Retirement Fund (IMRF) Article of the Illinois Pension Code. Increases the amount of money available for supplemental (13th check) benefits, from 0.62% to 0.80% of payroll. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.</SynopsisText><synopsistitle>Pension Note (Pension Laws Commission)</synopsistitle>
<SynopsisText>HB 522 would increase total contribution rates of all IMRF employers by 0.18% of employee payroll. Based on FY 2001 payroll of more than $4.5 billion, this would have amounted to an $8.1 million increase in employer contributions. Contributions from all employers totaled $313 million in FY 2001, with $27.9 contributed for the supplemental benefit payment.</SynopsisText></synopsis>
<actions>
<statusdate>1/30/2003</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Steve Davis</action>
<statusdate>1/30/2003</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>1/30/2003</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/4/2003</statusdate><chamber>House</chamber><action>Assigned to Executive Committee</action>
<statusdate>2/20/2003</statusdate><chamber>House</chamber><action>Pension Note Filed</action>
<statusdate>3/13/2003</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>1/11/2005</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

