Illinois General Assembly - Bill Status for HB0522
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 Bill Status of HB0522  93rd General Assembly

Short Description:  PEN CD-IMRF-INCR 13TH CHECK

House Sponsors
Rep. Steve Davis

Last Action
DateChamber Action
  1/11/2005HouseSession Sine Die

Statutes Amended In Order of Appearance
40 ILCS 5/7-144.3from Ch. 108 1/2, par. 7-144.3
30 ILCS 805/8.27 new

Synopsis As Introduced
Amends the Illinois Municipal Retirement Fund (IMRF) Article of the Illinois Pension Code. Increases the amount of money available for supplemental (13th check) benefits, from 0.62% to 0.80% of payroll. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

 Pension Note (Pension Laws Commission)
 HB 522 would increase total contribution rates of all IMRF employers by 0.18% of employee payroll. Based on FY 2001 payroll of more than $4.5 billion, this would have amounted to an $8.1 million increase in employer contributions. Contributions from all employers totaled $313 million in FY 2001, with $27.9 contributed for the supplemental benefit payment.

DateChamber Action
  1/30/2003HouseFiled with the Clerk by Rep. Steve Davis
  1/30/2003HouseFirst Reading
  1/30/2003HouseReferred to Rules Committee
  2/4/2003HouseAssigned to Executive Committee
  2/20/2003HousePension Note Filed
  3/13/2003HouseRule 19(a) / Re-referred to Rules Committee
  1/11/2005HouseSession Sine Die

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