<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for HB 3114         </title>
<shortdesc>CLOSE GARS/END ANNUITIES</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Scott Drury</sponsors>
</sponsor>
<lastaction>
<statusdate>12/3/2014</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>40 ILCS 5/2-101</reference><aliasreference>from Ch. 108 1/2, par. 2-101</aliasreference><SynopsisText>     Amends the General Assembly Article of the Illinois Pension Code. Provides that, beginning on the effective date of the amendatory Act, no person is eligible to participate in the General Assembly Retirement System, and no annuity shall be paid by the System. Effective immediately.</SynopsisText><synopsistitle>Pension Note (Government Forecasting &amp; Accountability)</synopsistitle>
<SynopsisText>HB 3114 would have a positive fiscal impact on the General Assembly Retirement System as no current participants would be eligible to participate in the system and annuities would not be paid out to retirees. </SynopsisText></synopsis>
<actions>
<statusdate>2/26/2013</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Scott Drury</action>
<statusdate>2/26/2013</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/26/2013</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>3/11/2013</statusdate><chamber>House</chamber><action>Assigned to Personnel and Pensions Committee</action>
<statusdate>3/20/2013</statusdate><chamber>House</chamber><action>Pension Note Filed</action>
<statusdate>3/22/2013</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>12/3/2014</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

