Date	Chamber	Action
12/3/2014	House	Session Sine Die

Statutes Amended In Order of Appearance

40 ILCS 5/1-167 new

Synopsis As Introduced
Amends the Illinois Pension Code. Provides that a member or participant of a retirement system or pension fund established under the Code who is receiving a retirement annuity or retirement pension under the Code and becomes employed on or after the effective date of the amendatory Act in a position in which he or she is eligible to accrue service credit or creditable service under any Article of the Code shall, in the month immediately after commencing that employment, have the amount of his or her monthly retirement annuity or retirement pension offset by the amount of his or her compensation, earnings, or salary (whichever is applicable) in the immediately preceding month as certified to the applicable retirement system or pension fund by his or her employer, unless the payment of that retirement annuity or pension is already suspended or terminated under the Code during that period. Exempts the first $2,000 per month of retirement annuity payments. Provides that if during the course of a member's or participant's employment that member's or participant's retirement annuity or retirement pension under the Code fully vests, then that member or participant may maintain his or her employment in that position without contributing to any retirement annuity fund or any retirement pension fund under the Code. Effective immediately.

Actions 

Date	Chamber	Action
11/14/2013	House	Filed with the Clerk by Rep. Jack D. Franks
11/18/2013	House	Added Chief Co-Sponsor Rep. Ron Sandack
12/3/2013	House	First Reading
12/3/2013	House	Referred to Rules Committee
1/3/2014	House	Added Chief Co-Sponsor Rep. Kelly M. Cassidy
12/3/2014	House	Session Sine Die

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