PENSION CD-IL CENTURY NETWORK Senate SponsorsSen. Don Harmon House Sponsors(Rep. Robert S. Molaro-Jim Durkin-Kenneth Dunkin-Robert Rita) 8/23/2007SenatePublic Act . . . . . . . . . 95-0369 40 ILCS 5/15-106from Ch. 108 1/2, par. 15-10640 ILCS 5/15-107from Ch. 108 1/2, par. 15-107Amends the State Universities Article of the Illinois Pension Code. In the definitions of "employer" and "employee", updates certain references to the Illinois Century Network, which is now part of the Bureau of Communication and Computer Services. Effective immediately.House Amendment No. 1 Adds reference to:40 ILCS 5/9-134.5 new40 ILCS 5/10-104.5 new30 ILCS 805/8.31 newAmends the Cook County and Cook County Forest Preserve Articles of the Illinois Pension Code. Allows a person who meets specified criteria to elect to receive a one-time lump sum retirement cancellation payment equal to the amount of his or her contributions to the Fund on the date of termination, with regular interest, multiplied by 1.5. Provides that a person who receives an alternative cancellation payment forfeits the right to any other benefits. Amends the State Mandates Act to require implementation without reimbursement.House Amendment No. 4 Adds reference to:40 ILCS 5/9-121.6from Ch. 108 1/2, par. 9-121.640 ILCS 5/9-133from Ch. 108 1/2, par. 9-13340 ILCS 5/9-133.1from Ch. 108 1/2, par. 9-133.140 ILCS 5/9-166from Ch. 108 1/2, par. 9-16640 ILCS 5/9-169from Ch. 108 1/2, par. 9-16940 ILCS 5/9-179.3from Ch. 108 1/2, par. 9-179.340 ILCS 5/9-182from Ch. 108 1/2, par. 9-18240 ILCS 5/9-199from Ch. 108 1/2, par. 9-19940 ILCS 5/9-204from Ch. 108 1/2, par. 9-20440 ILCS 5/9-168 rep.40 ILCS 5/9-205 rep.40 ILCS 5/9-206 rep.40 ILCS 5/9-207 rep.40 ILCS 5/9-208 rep.40 ILCS 5/9-209 rep.40 ILCS 5/9-210 rep.40 ILCS 5/9-211 rep.40 ILCS 5/9-212 rep.40 ILCS 5/9-213 rep.40 ILCS 5/9-214 rep.40 ILCS 5/9-215 rep.Replaces everything after the enacting clause with the engrossed bill as amended by House Amendment No. 1 with the following changes. Amends the Cook County Article of the Illinois Pension Code. Deletes provisions concerning the expense reserve, county contribution reserve, employee's contribution reserve, annuity payment reserve, prior service annuity reserve, child's annuity reserve, duty disability reserve, ordinary disability reserve, gift reserve, investment and interest reserve, supplementary payment reserve, and optional contribution reserve. Makes corresponding changes. Provides that an adequate system of accounts and records shall be established to report the financial condition of the County Employees' and Officers' Annuity and Benefit Fund and that such additional data as is necessary for required calculations, actuarial valuations, and operation of the fund shall be maintained. In provisions concerning the eligibility requirements for alternative cancellation payments in the Cook County and Cook County Forest Preserve Articles of the Illinois Pension Code, provides that the person must be a member that was continuously employed in a position on and after the effective date (rather than on and after April 15, 2007). Effective immediately. 2/7/2007SenateFiled with Secretary by Sen. Don Harmon 2/7/2007SenateFirst Reading 2/7/2007SenateReferred to Rules 2/21/2007SenateAssigned to Pensions and Investments 3/1/2007SenateDo Pass Pensions and Investments; 010-000-000 3/1/2007SenatePlaced on Calendar Order of 2nd Reading March 2, 2007 3/2/2007SenateSecond Reading 3/2/2007SenatePlaced on Calendar Order of 3rd Reading March 6, 2007 3/15/2007SenateThird Reading - Passed; 056-000-000 3/15/2007HouseArrived in House 3/15/2007HousePlaced on Calendar Order of First Reading 3/20/2007HouseChief House Sponsor Rep. Robert S. Molaro 3/20/2007HouseFirst Reading 3/20/2007HouseReferred to Rules Committee 4/11/2007HouseAssigned to Personnel and Pensions Committee 4/17/2007HouseHouse Amendment No. 1 Filed with Clerk by Personnel and Pensions Committee 4/17/2007HouseHouse Amendment No. 1 Adopted in Personnel and Pensions Committee; by Voice Vote 4/17/2007HouseDo Pass as Amended / Short Debate Personnel and Pensions Committee; 005-000-000 4/17/2007HousePlaced on Calendar 2nd Reading - Short Debate 4/17/2007HouseSecond Reading - Short Debate 4/17/2007HousePlaced on Calendar Order of 3rd Reading - Short Debate 4/18/2007HouseHouse Amendment No. 2 Filed with Clerk by Rep. Robert S. Molaro 4/18/2007HouseHouse Amendment No. 2 Referred to Rules Committee 4/18/2007HouseHouse Amendment No. 3 Filed with Clerk by Rep. Robert S. Molaro 4/18/2007HouseHouse Amendment No. 3 Referred to Rules Committee 4/18/2007HouseAdded Alternate Chief Co-Sponsor Rep. Jim Durkin 4/19/2007HouseHouse Amendment No. 4 Filed with Clerk by Rep. Robert S. Molaro 4/19/2007HouseHouse Amendment No. 4 Referred to Rules Committee 4/23/2007HouseHouse Amendment No. 2 Recommends Be Adopted Rules Committee; 003-000-000 4/24/2007HouseHouse Amendment No. 4 Recommends Be Adopted Rules Committee; 005-000-000 4/24/2007HouseRecalled to Second Reading - Short Debate 4/24/2007HouseHouse Amendment No. 2 Withdrawn by Rep. Robert S. Molaro 4/24/2007HouseHouse Amendment No. 4 Adopted by Voice Vote 4/24/2007HousePlaced on Calendar Order of 3rd Reading - Short Debate 4/25/2007HouseAdded Alternate Chief Co-Sponsor Rep. Kenneth Dunkin 5/1/2007HouseThird Reading - Short Debate - Passed 086-030-000 5/1/2007HouseAdded Alternate Chief Co-Sponsor Rep. Robert Rita 5/2/2007SenateSecretary's Desk - Concurrence House Amendment(s) 01,04 5/2/2007SenatePlaced on Calendar Order of Concurrence House Amendment(s) 01,04-May 3, 2007 5/23/2007SenateHouse Amendment No. 1 Motion to Concur Filed with Secretary Sen. Don Harmon 5/23/2007SenateHouse Amendment No. 1 Motion to Concur Referred to Rules 5/23/2007SenateHouse Amendment No. 4 Motion to Concur Filed with Secretary Sen. Don Harmon 5/23/2007SenateHouse Amendment No. 4 Motion to Concur Referred to Rules 5/23/2007SenateHouse Amendment No. 1 Motion to Concur Rules Referred to Pensions and Investments 5/23/2007SenateHouse Amendment No. 4 Motion to Concur Rules Referred to Pensions and Investments 5/24/2007SenateHouse Amendment No. 1 Motion To Concur Recommended Do Adopt Pensions and Investments; 009-000-000 5/24/2007SenateHouse Amendment No. 4 Motion To Concur Recommended Do Adopt Pensions and Investments; 009-000-000 5/29/2007SenateHouse Amendment No. 1 Senate Concurs 057-000-000 5/29/2007SenateHouse Amendment No. 4 Senate Concurs 057-000-000 5/29/2007SenatePassed Both Houses 6/27/2007SenateSent to the Governor 8/23/2007SenateGovernor Approved 8/23/2007SenateEffective Date August 23, 2007 8/23/2007SenatePublic Act . . . . . . . . . 95-0369