Date	Chamber	Action
1/8/2013	Senate	Session Sine Die

Statutes Amended In Order of Appearance

40 ILCS 5/2-162

40 ILCS 5/14-152.1

40 ILCS 5/15-198

40 ILCS 5/16-203

40 ILCS 5/18-169

Synopsis As Introduced
Amends the General Assembly, State Employee, State Universities, Downstate Teachers, and Judges Articles of the Illinois Pension Code. Provides that, beginning on the effective date of the amendatory Act, every new benefit increase is contingent upon each affected pension or retirement system (i) having been at least 90% funded according to its most recent annual actuarial valuation and (ii) having received any required State contributions that have come due since the most recent annual actuarial valuation. Specifies that a new benefit increase that does not satisfy this additional requirement is null and void, unless the enactment of that new benefit increase is required to maintain qualified plan status.

Actions 

Date	Chamber	Action
2/10/2011	Senate	Filed with Secretary by Sen. William E. Brady
2/10/2011	Senate	First Reading
2/10/2011	Senate	Referred to Assignments
3/2/2011	Senate	Assigned to Pensions and Investments
3/10/2011	Senate	To Pensions & Investments Subcommittee on Pension Reforms
3/18/2011	Senate	Rule 3-9(a) / Re-referred to Assignments
1/8/2013	Senate	Session Sine Die

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