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<xml>
<title>Illinois General Assembly - Bill Status for HB 5572   </title>
<shortdesc>PENCD-FUNDING STATE SYSTEMS</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. James H. Meyer-Sandra M. Pihos-Shane Cultra-Patricia Reid Lindner-Aaron Schock, Robert W. Pritchard, Patricia R. Bellock, Jim Durkin, Harry R. Ramey, Jr., Suzanne Bassi, Larry McKeon, Bob Biggins, Sidney H. Mathias, Paul D. Froehlich, David Reis, Ron Stephens, Bill Mitchell, Chapin Rose, Richard P. Myers, Mark H. Beaubien, Jr., JoAnn D. Osmond, Jim Watson, Donald L. Moffitt, Michael Tryon and Elizabeth Coulson</sponsors>
</sponsor>
<lastaction>
<statusdate>1/9/2007</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>40 ILCS 5/1-124 new</reference><aliasreference></aliasreference><reference>40 ILCS 5/2-124</reference><aliasreference>from Ch. 108 1/2, par. 2-124</aliasreference><reference>40 ILCS 5/2-134</reference><aliasreference>from Ch. 108 1/2, par. 2-134</aliasreference><reference>40 ILCS 5/14-108.3</reference><aliasreference></aliasreference><reference>40 ILCS 5/14-131</reference><aliasreference>from Ch. 108 1/2, par. 14-131</aliasreference><reference>40 ILCS 5/14-135.08</reference><aliasreference>from Ch. 108 1/2, par. 14-135.08</aliasreference><reference>40 ILCS 5/15-155</reference><aliasreference>from Ch. 108 1/2, par. 15-155</aliasreference><reference>40 ILCS 5/15-165</reference><aliasreference>from Ch. 108 1/2, par. 15-165</aliasreference><reference>40 ILCS 5/16-158</reference><aliasreference>from Ch. 108 1/2, par. 16-158</aliasreference><reference>40 ILCS 5/18-131</reference><aliasreference>from Ch. 108 1/2, par. 18-131</aliasreference><reference>40 ILCS 5/18-140</reference><aliasreference>from Ch. 108 1/2, par. 18-140</aliasreference><SynopsisText>     Amends the Illinois Pension Code. In provisions concerning the 5 State-funded retirement systems, deletes language specifying dollar amounts for the State contribution to each System required for FY 2007 and provides that State contributions to the systems for fiscal years 2007 through 2010 shall be increased in equal annual increments from the required State contributions in State fiscal year 2005 until the State is contributing at a rate that will result in the systems being 90% funded. Changes how certain calculations related to the required State contributions are made. Provides that the Board of Trustees of the retirement systems must re-certify, on or before July 1, 2006, the amount of the required State contribution for FY 2007, taking into account the changes made by this amendatory Act. In the State Employee Article of the Illinois Pension Code, provides that increases as a result of certain early retirement incentives shall not be included in the calculation of the required State contribution under that Article, but shall be appropriated separately. Creates a 4-member task force to study the issue of repayment of that portion of the required State contribution mandated by Public Act 88-593 that was reduced as a result of the passage of Public Act 94-4 and to make recommendations on the development of a way to repay the amount by which the contributions were reduced within a 10-year period. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/6/2006</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. James H. Meyer</action>
<statusdate>2/6/2006</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/6/2006</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/7/2006</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Sandra M. Pihos</action>
<statusdate>2/7/2006</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Shane Cultra</action>
<statusdate>2/7/2006</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Patricia Reid Lindner</action>
<statusdate>2/7/2006</statusdate><chamber>House</chamber><action>Removed Co-Sponsor Rep. Patricia Reid Lindner</action>
<statusdate>2/7/2006</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Patricia Reid Lindner</action>
<statusdate>2/7/2006</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Robert W. Pritchard</action>
<statusdate>2/7/2006</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Patricia R. Bellock</action>
<statusdate>2/7/2006</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Jim Durkin</action>
<statusdate>2/7/2006</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Harry R. Ramey, Jr.</action>
<statusdate>2/7/2006</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Suzanne Bassi</action>
<statusdate>2/7/2006</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Larry McKeon</action>
<statusdate>2/8/2006</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Bob Biggins</action>
<statusdate>2/8/2006</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Sidney H. Mathias</action>
<statusdate>2/8/2006</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Paul D. Froehlich</action>
<statusdate>2/21/2006</statusdate><chamber>House</chamber><action>Motion Filed to Discharge Committee Rep. Jim Durkin</action>
<statusdate>2/21/2006</statusdate><chamber>House</chamber><action>Rep. Barbara Flynn Currie Objects to the Motion</action>
<statusdate>2/21/2006</statusdate><chamber>House</chamber><action>Motion Discharge Committee Lost</action>
<statusdate>2/21/2006</statusdate><chamber>House</chamber><action>Appeal Ruling of Chair Rep. Jim Durkin</action>
<statusdate>2/21/2006</statusdate><chamber>House</chamber><action>Shall the Chair be Sustained</action>
<statusdate>2/21/2006</statusdate><chamber>House</chamber><action>Motion to Sustain the Chair - Prevailed 062-051-000</action>
<statusdate>4/4/2006</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Aaron Schock</action>
<statusdate>4/6/2006</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. David Reis</action>
<statusdate>4/6/2006</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Ron Stephens</action>
<statusdate>4/6/2006</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Bill Mitchell</action>
<statusdate>4/6/2006</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Chapin Rose</action>
<statusdate>4/6/2006</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Richard P. Myers</action>
<statusdate>4/6/2006</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Mark H. Beaubien, Jr.</action>
<statusdate>4/6/2006</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. JoAnn D. Osmond</action>
<statusdate>4/6/2006</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Jim Watson</action>
<statusdate>4/7/2006</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Donald L. Moffitt</action>
<statusdate>4/7/2006</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Michael Tryon</action>
<statusdate>4/18/2006</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Elizabeth Coulson</action>
<statusdate>1/9/2007</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

