PEN CD-SERS-FURLOUGH CREDITS House SponsorsRep. Raymond Poe-Rich Brauer-Donald L. Moffitt Senate Sponsors(Sen. Larry K. Bomke-John O. Jones) 7/2/2010HousePublic Act . . . . . . . . . 96-0961 40 ILCS 5/14-104from Ch. 108 1/2, par. 14-104 Amends the State Employee Article of the Illinois Pension Code. Allows a member to establish service credit for up to 12 days of voluntary or involuntary furlough used to address a State fiscal emergency. Requires employee contributions, plus an amount determined by the Board to be equal to the employer's normal cost of the benefit, plus interest at the actuarially assumed rate. Effective immediately.House Committee Amendment No. 1 Adds reference to:40 ILCS 5/15-113.11 newAmends the State Universities Article of the Illinois Pension Code. Allows a participant to establish creditable service and earnings credit for periods of furlough beginning on or after July 1, 2009 and ending on or before June 30, 2011. Provides that to receive this credit, the participant must (i) apply in writing to the System before December 31, 2011; (ii) not receive compensation from an employer for any furlough period; and (iii) make specified employee contributions based on the rate of basic compensation during the periods of furlough, plus an amount determined by the Board to be equal to the employer's normal cost of the benefit, plus compounded interest at the actuarially assumed rate from the date of voluntary or involuntary furlough to the date of payment. Requires the participant to provide, at the time of application, written certification from the employer providing the total number of furlough days a participant has been required to take.Senate Floor Amendment No. 2 Adds reference to:40 ILCS 5/7-142from Ch. 108 1/2, par. 7-14240 ILCS 5/7-142.1from Ch. 108 1/2, par. 7-142.140 ILCS 5/7-145.140 ILCS 5/9-121.6from Ch. 108 1/2, par. 9-121.640 ILCS 5/9-128.2 new30 ILCS 805/8.34 newReplaces everything after the enacting clause. Amends the IMRF Article of the Illinois Pension Code. In provisions concerning the amount of a retirement annuity, sheriff's law enforcement employees, and elected county officers, provides that any elected county officer who was entitled to receive a stipend from the State on or after July 1, 2009 and on or before June 30, 2010 may establish earnings credit for the amount of stipend not received, if the elected county official applies in writing to the fund within 6 months after the effective date of the amendatory Act and pays to the fund an amount equal to (i) employee contributions on the amount of stipend not received, (ii) employer contributions determined by the Board equal to the employer's normal cost of the benefit on the amount of stipend not received, plus (iii) interest at the actuarially assumed rate. Makes similar changes in the Cook County Article of the Illinois Pension Code. Amends the State Employee and State Universities Articles of the Illinois Pension Code. Allows a member to establish service credit for voluntary or involuntary furlough beginning on or after July 1, 2009 and ending on or before June 30, 2011. Requires application before December 31, 2011. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately. 10/13/2009HouseFiled with the Clerk by Rep. Raymond Poe 10/13/2009HouseFirst Reading 10/13/2009HouseReferred to Rules Committee 10/14/2009HouseAdded Chief Co-Sponsor Rep. Rich Brauer 2/16/2010HouseAssigned to Personnel and Pensions Committee 2/25/2010HouseHouse Committee Amendment No. 1 Filed with Clerk by Personnel and Pensions Committee 2/25/2010HouseHouse Committee Amendment No. 1 Adopted in Personnel and Pensions Committee; by Voice Vote 2/25/2010HouseDo Pass as Amended / Short Debate Personnel and Pensions Committee; 009-000-000 2/25/2010HousePlaced on Calendar 2nd Reading - Short Debate 3/2/2010HouseSecond Reading - Short Debate 3/2/2010HousePlaced on Calendar Order of 3rd Reading - Short Debate 3/3/2010HouseAdded Chief Co-Sponsor Rep. Donald L. Moffitt 3/3/2010HouseThird Reading - Short Debate - Passed 115-000-001 3/4/2010SenateArrive in Senate 3/4/2010SenatePlaced on Calendar Order of First Reading March 9, 2010 3/10/2010SenateChief Senate Sponsor Sen. Larry K. Bomke 3/10/2010SenateFirst Reading 3/10/2010SenateReferred to Assignments 4/13/2010SenateAssigned to Pensions and Investments 4/22/2010SenateDo Pass Pensions and Investments; 009-000-000 4/22/2010SenatePlaced on Calendar Order of 2nd Reading April 23, 2010 4/23/2010SenateSecond Reading 4/23/2010SenatePlaced on Calendar Order of 3rd Reading April 27, 2010 4/23/2010SenateAdded as Alternate Chief Co-Sponsor Sen. John O. Jones 4/29/2010SenateSenate Floor Amendment No. 1 Filed with Secretary by Sen. Larry K. Bomke 4/29/2010SenateSenate Floor Amendment No. 1 Referred to Assignments 5/3/2010SenateSenate Floor Amendment No. 1 Assignments Refers to Pensions and Investments 5/3/2010SenateSenate Floor Amendment No. 1 Recommend Do Adopt Pensions and Investments; 009-000-000 5/5/2010SenateSenate Floor Amendment No. 2 Filed with Secretary by Sen. Larry K. Bomke 5/5/2010SenateSenate Floor Amendment No. 2 Referred to Assignments 5/5/2010SenateSenate Floor Amendment No. 2 Assignments Refers to Executive 5/5/2010SenateSenate Floor Amendment No. 2 Recommend Do Adopt Executive; 010-000-000 5/5/2010SenateRecalled to Second Reading 5/5/2010SenateSenate Floor Amendment No. 1 Withdrawn by Sen. Larry K. Bomke 5/5/2010SenateSenate Floor Amendment No. 2 Adopted; Bomke 5/5/2010SenatePlaced on Calendar Order of 3rd Reading 5/5/2010SenateThird Reading - Passed; 053-000-000 5/5/2010HouseArrived in House 5/5/2010HousePlaced on Calendar Order of Concurrence Senate Amendment(s) 2 5/5/2010HouseSenate Floor Amendment No. 2 Motion Filed Concur Rep. Raymond Poe 5/5/2010HouseSenate Floor Amendment No. 2 Motion to Concur Referred to Rules Committee 5/7/2010HouseSenate Floor Amendment No. 2 Motion to Concur Rules Referred to Personnel and Pensions Committee 5/24/2010HouseSenate Floor Amendment No. 2 Motion to Concur Recommends Be Adopted Personnel and Pensions Committee; 006-000-000 5/26/2010HouseSenate Floor Amendment No. 2 House Concurs 081-028-002 5/26/2010HousePassed Both Houses 6/24/2010HouseSent to the Governor 7/2/2010HouseGovernor Approved 7/2/2010HouseEffective Date July 2, 2010 7/2/2010HousePublic Act . . . . . . . . . 96-0961