PEN CD-GA-FINAL SALARY House SponsorsRep. Tom Cross-Dwight Kay-Darlene J. Senger, Jack D. Franks, Keith Farnham, Carol A. Sente, Linda Chapa LaVia, JoAnn D. Osmond, Sandra M. Pihos and Thomas Morrison Senate Sponsors(Sen. Matt Murphy and Wm. Sam McCann-Jacqueline Y. Collins-Kwame Raoul) 8/16/2012HousePublic Act . . . . . . . . . 97-0967 40 ILCS 5/1-166 new40 ILCS 5/2-108.1from Ch. 108 1/2, par. 2-108.1 Amends the General Provisions and General Assembly Articles of the Illinois Pension Code. In the General Provisions Article, provides that, if a participant's final average salary in a participating system under the Retirement Systems Reciprocal Act, other than the General Assembly Retirement System, is used to calculate a proportional retirement annuity for that participant under the General Assembly Retirement System and if that final average salary is higher than the highest salary for annuity purposes of that person under the General Assembly Retirement System, then the increased cost of the proportional annuity paid by the General Assembly Retirement System that is attributable to that higher level of compensation shall be paid by the employer of the participant under that system and not by the General Assembly Retirement System. In the General Assembly Article, provides that certain limitations on highest salary for annuity purposes apply to the earnings of a person who first became a member of the General Assembly Retirement System before August 22, 1994 if, on or after the effective date of the amendatory Act, that member irrevocably elects to have those limitations apply. Effective immediately.House Floor Amendment No. 1 Changes the payment responsibility from the reciprocal employer to the reciprocal system. Provides for payment in the form of a lump sum payment determined by the General Assembly Retirement System in accordance with its annuity tables and other actuarial assumptions.Senate Committee Amendment No. 1 Changes the payment responsibility from the reciprocal system to the employer of the participant under the reciprocal system. Provides that if the employer fails to pay the amount required to the General Assembly Retirement System for more than 90 days after the payment is due, the System, after giving notice to the employer, may certify to the State Comptroller the amount of the delinquent payment and the Comptroller shall deduct the amount so certified or any part thereof from any payment of State funds to the employer and shall pay the amount so deducted to the System. If State funds from which such deductions may be made are not available, then the System may proceed against the employer to recover the amount of the delinquent payment in the appropriate circuit court.Senate Committee Amendment No. 2 Provides that the payment condition is triggered only if the participant also retires after the effective date of the amendatory Act with less than 2 years of service credit that has accrued in the participating system since his or her last day of active participation in the General Assembly retirement System. 1/9/2012HouseFiled with the Clerk by Rep. Tom Cross 1/10/2012HouseFirst Reading 1/10/2012HouseReferred to Rules Committee 1/11/2012HouseAdded Chief Co-Sponsor Rep. Dwight Kay 2/15/2012HouseAssigned to Personnel and Pensions Committee 2/22/2012HouseAdded Chief Co-Sponsor Rep. Darlene J. Senger 2/22/2012HouseDo Pass / Short Debate Personnel and Pensions Committee; 008-000-000 2/23/2012HousePlaced on Calendar 2nd Reading - Short Debate 3/22/2012HouseHouse Floor Amendment No. 1 Filed with Clerk by Rep. Tom Cross 3/22/2012HouseHouse Floor Amendment No. 1 Referred to Rules Committee 3/26/2012HouseHouse Floor Amendment No. 1 Recommends Be Adopted Rules Committee; 003-000-000 3/26/2012HouseSecond Reading - Short Debate 3/26/2012HouseHouse Floor Amendment No. 1 Adopted by Voice Vote 3/26/2012HousePlaced on Calendar Order of 3rd Reading - Short Debate 3/29/2012HouseThird Reading - Short Debate - Passed 110-000-000 3/29/2012HouseAdded Co-Sponsor Rep. Jack D. Franks 3/29/2012HouseAdded Co-Sponsor Rep. Keith Farnham 3/29/2012HouseAdded Co-Sponsor Rep. Carol A. Sente 3/29/2012HouseAdded Co-Sponsor Rep. Linda Chapa LaVia 3/29/2012HouseAdded Co-Sponsor Rep. JoAnn D. Osmond 3/29/2012HouseAdded Co-Sponsor Rep. Sandra M. Pihos 3/29/2012HouseAdded Co-Sponsor Rep. Thomas Morrison 3/30/2012SenateArrive in Senate 3/30/2012SenatePlaced on Calendar Order of First Reading 3/30/2012SenateChief Senate Sponsor Sen. Matt Murphy 3/30/2012SenateFirst Reading 3/30/2012SenateReferred to Assignments 4/24/2012SenateAssigned to Pensions and Investments 5/2/2012SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. Matt Murphy 5/2/2012SenateSenate Committee Amendment No. 1 Referred to Assignments 5/2/2012SenateSenate Committee Amendment No. 1 Assignments Refers to Pensions and Investments 5/2/2012SenateSenate Committee Amendment No. 1 Adopted 5/2/2012SenateHeld in Pensions and Investments 5/3/2012SenateAdded as Alternate Co-Sponsor Sen. Wm. Sam McCann 5/4/2012SenateRule 2-10 Committee Deadline Established As May 25, 2012 5/16/2012SenatePostponed - Pensions and Investments 5/21/2012SenateSenate Committee Amendment No. 2 Filed with Secretary by Sen. Matt Murphy 5/21/2012SenateSenate Committee Amendment No. 2 Referred to Assignments 5/22/2012SenateSenate Committee Amendment No. 2 Assignments Refers to Pensions and Investments 5/23/2012SenateSenate Committee Amendment No. 2 Adopted 5/23/2012SenateDo Pass as Amended Pensions and Investments; 010-000-000 5/23/2012SenatePlaced on Calendar Order of 2nd Reading May 24, 2012 5/23/2012SenateAdded as Alternate Chief Co-Sponsor Sen. Jacqueline Y. Collins 5/23/2012SenateAdded as Alternate Chief Co-Sponsor Sen. Kwame Raoul 5/24/2012SenateSecond Reading 5/24/2012SenatePlaced on Calendar Order of 3rd Reading May 25, 2012 5/25/2012SenateThird Reading - Passed; 054-000-000 5/25/2012HouseArrived in House 5/25/2012HousePlaced on Calendar Order of Concurrence Senate Amendment(s) 1, 2 5/30/2012HouseSenate Committee Amendment No. 1 Motion Filed Concur Rep. Tom Cross 5/30/2012HouseSenate Committee Amendment No. 2 Motion Filed Concur Rep. Tom Cross 5/30/2012HouseSenate Committee Amendment No. 1 Motion to Concur Referred to Rules Committee 5/30/2012HouseSenate Committee Amendment No. 2 Motion to Concur Referred to Rules Committee 5/31/2012HouseSenate Committee Amendment No. 1 Motion to Concur Rules Referred to Personnel and Pensions Committee 5/31/2012HouseSenate Committee Amendment No. 2 Motion to Concur Rules Referred to Personnel and Pensions Committee 5/31/2012HouseSenate Committee Amendment No. 1 Motion to Concur Recommends Be Adopted Personnel and Pensions Committee; 009-000-000 5/31/2012HouseSenate Committee Amendment No. 2 Motion to Concur Recommends Be Adopted Personnel and Pensions Committee; 009-000-000 5/31/2012HouseSenate Committee Amendment No. 1 House Concurs 117-000-001 5/31/2012HouseSenate Committee Amendment No. 2 House Concurs 117-000-001 5/31/2012HousePassed Both Houses 6/29/2012HouseSent to the Governor 8/16/2012HouseGovernor Approved 8/16/2012HouseEffective Date August 16, 2012 8/16/2012HousePublic Act . . . . . . . . . 97-0967