PEN CD-TECH Senate SponsorsSen. Denny Jacobs-Emil Jones, Jr.-Mattie Hunter-Jacqueline Y. Collins and James A. DeLeo House Sponsors(Rep. Ralph C. Capparelli-Robert S. Molaro-Monique D. Davis, Joseph M. Lyons, Richard T. Bradley, Edward J. Acevedo, Maria Antonia Berrios, Susana Mendoza, Daniel J. Burke and Michael P. McAuliffe) 1/11/2005SenateSession Sine Die 40 ILCS 5/1-105from Ch. 108 1/2, par. 1-105Amends the Illinois Pension Code. Makes a technical change to a Section concerning partial invalidity.Pension Note (Pension Laws Commission) SB 1704 has no fiscal impact.House Amendment No. 1 Deletes reference to:40 ILCS 5/1-105Adds reference to:40 ILCS 5/5-129.140 ILCS 5/5-132from Ch. 108 1/2, par. 5-13240 ILCS 5/5-167.2from Ch. 108 1/2, par. 5-167.240 ILCS 5/5-167.4from Ch. 108 1/2, par. 5-167.440 ILCS 5/5-168from Ch. 108 1/2, par. 5-16840 ILCS 5/6-111from Ch. 108 1/2, par. 6-11140 ILCS 5/6-124.1 new40 ILCS 5/6-128from Ch. 108 1/2, par. 6-12840 ILCS 5/6-128.2from Ch. 108 1/2, par. 6-128.240 ILCS 5/6-128.4from Ch. 108 1/2, par. 6-128.440 ILCS 5/6-141.2 new40 ILCS 5/6-142from Ch. 108 1/2, par. 6-14240 ILCS 5/6-143from Ch. 108 1/2, par. 6-14340 ILCS 5/6-151.1from Ch. 108 1/2, par. 6-151.140 ILCS 5/6-160from Ch. 108 1/2, par. 6-16040 ILCS 5/6-164from Ch. 108 1/2, par. 6-16440 ILCS 5/6-165from Ch. 108 1/2, par. 6-16540 ILCS 5/6-210.1from Ch. 108 1/2, par. 6-210.140 ILCS 5/6-210.2 new40 ILCS 5/6-210.3 new40 ILCS 5/6-211from Ch. 108 1/2, par. 6-21140 ILCS 5/6-222from Ch. 108 1/2, par. 6-22240 ILCS 5/8-137from Ch. 108 1/2, par. 8-13740 ILCS 5/8-138.4 new40 ILCS 5/8-138.5 new40 ILCS 5/8-150.1from Ch. 108 1/2, par. 8-150.140 ILCS 5/8-167from Ch. 108 1/2, par. 8-16740 ILCS 5/8-172from Ch. 108 1/2, par. 8-17240 ILCS 5/8-172.1 new40 ILCS 5/8-174from Ch. 108 1/2, par. 8-17440 ILCS 5/8-174.1from Ch. 108 1/2, par. 8-174.140 ILCS 5/8-192from Ch. 108 1/2, par. 8-19240 ILCS 5/11-133.3 new40 ILCS 5/11-133.4 new40 ILCS 5/11-134.1from Ch. 108 1/2, par. 11-134.140 ILCS 5/11-145.1from Ch. 108 1/2, par. 11-145.140 ILCS 5/11-163from Ch. 108 1/2, par. 11-16340 ILCS 5/11-167from Ch. 108 1/2, par. 11-16740 ILCS 5/11-170.1from Ch. 108 1/2, par. 11-170.140 ILCS 5/11-178from Ch. 108 1/2, par. 11-17840 ILCS 5/11-181from Ch. 108 1/2, par. 11-18140 ILCS 5/12-133from Ch. 108 1/2, par. 12-13340 ILCS 5/12-133.6 new40 ILCS 5/12-133.7 new40 ILCS 5/12-149from Ch. 108 1/2, par. 12-14930 ILCS 805/8.27 newAmends the Chicago Police, Chicago Firefighter, Chicago Municipal, Chicago Laborers, and Chicago Park District Articles of the Illinois Pension Code. Makes changes concerning participation, eligibility, benefits, and the administration of benefits. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.Pension Note (HA-1) (Pension Laws Commission) Fiscal impact to Chicago Firefighter's Pension Fund is $146.6 million in accrued liability, total annual cost of $16.0 million and a decrease in city funding by $23.1 million over the next 10 years, with a reduction of $4.2 million in 2004. Fiscal impact to Chicago Police Pension Fund would be very minor. The bill does decrease city funding by $23.1 million over the next 10 years, with a reduction of $4.2 million in 2004. Fiscal impact to Chicago Municipal Employees Pension Fund is $247.1 million in accrued liability. This addition would reduce the funded ratio by approximately 2.67%. The fund currently has a funded ratio of 84.5%. The other provisions would have a minor impact. Fiscal impact to Chicago Laborers' Pension Fund is $30.5 million in accrued liability. This addition would reduce the funded ratio by approximately 2.15%. The fund currently has a funded ration of 111.3%. The other provisions would have a minor impact. Fiscal impact to Chicago Park District Employees' Pension Fund is $32.1 million in accrued liability resulting in a decrease in the funded ratio from 94.0% to 89.8%. The corresponding increase in total annual cost is $4.7 million or 4.56% of payroll. It should be noted, that even though annual costs would increase by $4.7 million, actual employer contributions to the fund would actually decrease by $5 million annually for the next 2 years. 2/20/2003SenateFiled with Secretary by Sen. Denny Jacobs 2/20/2003SenateChief Co-Sponsor Sen. Emil Jones, Jr. 2/20/2003SenateFirst Reading 2/20/2003SenateReferred to Rules 2/28/2003SenatePension Note Filed As Introduced 3/5/2003SenateAssigned to Executive 3/13/2003SenateDo Pass Executive; 008-005-000 3/13/2003SenatePlaced on Calendar Order of 2nd Reading March 18, 2003 3/18/2003SenateSecond Reading 3/18/2003SenatePlaced on Calendar Order of 3rd Reading ** March 19, 2003 3/27/2003SenateVerified 3/27/2003SenateThird Reading - Passed; 032-016-002 3/27/2003HouseArrived in House 3/27/2003HousePlaced on Calendar Order of First Reading 3/27/2003HouseChief House Sponsor Rep. Michael J. Madigan 3/27/2003HouseFirst Reading 3/27/2003HouseReferred to Rules Committee 3/31/2003HouseAssigned to Executive Committee 5/2/2003HouseRule 19(a) / Re-referred to Rules Committee 5/14/2003HouseAssigned to Executive Committee 5/14/2003HouseCommittee/3rd Reading Deadline Extended-Rule 19(a); May 31, 2003 5/29/2003HouseDo Pass / Short Debate Executive Committee; 007-005-000 5/29/2003HousePlaced on Calendar 2nd Reading - Short Debate ** 5/29/2003HouseSecond Reading - Short Debate 5/29/2003HouseHeld on Calendar Order of Second Reading - Short Debate ** 6/1/2003HouseRule 19(a) / Re-referred to Rules Committee 10/28/2003HouseApproved for Consideration Rules Committee; 004-000-000 10/28/2003HousePlaced on Calendar 2nd Reading - Short Debate 11/19/2003HouseHouse Amendment No. 1 Filed with Clerk by Rep. Ralph C. Capparelli 11/19/2003HouseHouse Amendment No. 1 Referred to Rules Committee 11/19/2003HouseHouse Amendment No. 1 Rules Refers to Personnel and Pensions Committee 11/19/2003HouseHouse Amendment No. 1 Recommends Be Adopted Personnel and Pensions Committee; 008-000-000 11/19/2003HouseAdded Alternate Chief Co-Sponsor Rep. Monique D. Davis 11/19/2003HouseAdded Alternate Chief Co-Sponsor Rep. Robert S. Molaro 11/19/2003HouseSecond Reading - Short Debate 11/19/2003HouseHouse Amendment No. 1 Adopted by Voice Vote 11/19/2003HouseHeld on Calendar Order of Second Reading - Short Debate 11/19/2003HouseAdded Alternate Co-Sponsor Rep. Joseph M. Lyons 11/19/2003HouseAdded Alternate Co-Sponsor Rep. John E. Bradley 11/19/2003HouseAdded Alternate Co-Sponsor Rep. Edward J. Acevedo 11/19/2003HouseAdded Alternate Co-Sponsor Rep. Maria Antonia Berrios 11/19/2003HouseAdded Alternate Co-Sponsor Rep. Susana Mendoza 11/19/2003HouseAdded Alternate Co-Sponsor Rep. Daniel J. Burke 11/19/2003HouseAdded Alternate Co-Sponsor Rep. Michael P. McAuliffe 11/19/2003HousePension Note Filed as amended by HA #1 11/19/2003HousePlaced on Calendar Order of 3rd Reading - Short Debate 11/19/2003House3/5 Vote Required 11/19/2003HousePlaced on Calendar - Consideration Postponed 11/19/2003House3/5 Vote Required 11/19/2003HouseThird Reading - Short Debate - Passed 097-018-000 11/19/2003HouseMotion Lost Reconsider Vote 031-081-000 11/19/2003SenateSecretary's Desk - Concurrence House Amendment(s) 01 11/19/2003SenatePlaced on Calendar Order of Concurrence House Amendment(s) 01 - November 20 ,2003 11/19/2003SenateHouse Amendment No. 1 Motion to Concur Filed with Secretary Sen. Denny Jacobs 11/19/2003SenateHouse Amendment No. 1 Motion to Concur Referred to Rules 11/19/2003SenateHouse Amendment No. 1 Motion to Concur Rules Referred to Insurance & Pensions 11/19/2003SenateAdded as Chief Co-Sponsor Sen. Mattie Hunter 11/20/2003HouseAlternate Chief Sponsor Changed to Rep. Ralph C. Capparelli 11/20/2003SenateAdded as Chief Co-Sponsor Sen. Jacqueline Y. Collins 11/20/2003SenateHouse Amendment No. 1 Motion to Concur Be Adopted Insurance & Pensions; 006-000-004 11/20/2003SenateAdded as Co-Sponsor Sen. James A. DeLeo 11/20/2003SenateHouse Amendment No. 1 Motion to Concur - Consideration Postponed. 11/20/2003SenatePlaced on Calendar - Consideration Postponed November 21, 2003 11/21/2003Senate3/5 Vote Required 11/21/2003SenateHouse Amendment No. 1 Motion to Concur Lost 028-018-003 11/21/2003SenatePlaced on Calendar Order of Concurrence House Amendment(s) 01 12/22/2003SenatePursuant to Senate Rule 3-9(b) / Referred to Rules 1/11/2005SenateSession Sine Die