Illinois General Assembly - Bill Status for SB1693
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 Bill Status of SB1693  94th General Assembly

Short Description:  PEN CD-IMRF-SLEP BENEFITS

Senate Sponsors
Sen. Terry Link - John O. Jones, Dan Rutherford, Bill Brady, Mike Jacobs and Pamela J. Althoff

House Sponsors
(Rep. Kurt M. Granberg - Gary Hannig - Patrick J Verschoore - Dan Brady - Art Tenhouse, Raymond Poe, Rich Brauer, Michael P. McAuliffe, William B. Black, Jack D. Franks, Linda Chapa LaVia, Lou Lang and Karen A. Yarbrough)

Last Action
DateChamber Action
  12/9/2005SenatePublic Act . . . . . . . . . 94-0712

Statutes Amended In Order of Appearance
40 ILCS 5/7-142.1from Ch. 108 1/2, par. 7-142.1
40 ILCS 5/7-156from Ch. 108 1/2, par. 7-156
40 ILCS 5/7-169from Ch. 108 1/2, par. 7-169
40 ILCS 5/7-172from Ch. 108 1/2, par. 7-172
40 ILCS 5/7-173.1from Ch. 108 1/2, par. 7-173.1
30 ILCS 805/8.29 new


Synopsis As Introduced
Amends the Illinois Municipal Retirement Fund (IMRF) Article of the Illinois Pension Code. Increases the retirement formula for sheriff's law enforcement employees (SLEPs) to 2.5% of the final rate of earnings for each year of SLEP service. Increases the maximum pension payable to a SLEP from 75% to 80% of the final rate of earnings. Removes the 2-year service requirement for earning new benefits after a return to service as a SLEP. Makes these changes apply to persons in service on or after July 1, 2004. Also increases the additional employee contribution paid by SLEPs to 2.5% of salary. Eliminates the reduction in benefit imposed on a surviving spouse who is more than 5 years younger than the deceased member, for the surviving spouse of any member who dies on or after the effective date. Allows a SLEP to convert up to 10 years of non-SLEP service credit into SLEP credit by paying the difference in employee and employer contributions, plus interest. Makes the additional unfunded liability for all changes subject to a full 30-year amortization period. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

 Pension Note (Government Forecasting & Accountability)
 The Fund's actuaries have not yet determined the fiscal impact. Similar legislation in March 2004 would have increased accrued liabilities of the Fund by $36.2 Million and increased average annual costs by 1.18% of payroll when the benefit increases are calculated individually.

House Floor Amendment No. 3
Replaces everything after the enacting clause with the engrossed bill with the following changes: (i) allows the employer, by resolution or ordinance, to provide for amortization of the additional unfunded liability over a 35-year or 40-year period; (ii) increases the additional employee contribution paid by SLEPS to 3%; and (iii) removes the effective date provision.

Actions 
DateChamber Action
  2/24/2005SenateFiled with Secretary by Sen. Terry Link
  2/24/2005SenateFirst Reading
  2/24/2005SenateReferred to Rules
  3/2/2005SenateAssigned to Pensions & Investments
  3/9/2005SenateDo Pass Pensions & Investments; 010-000-000
  3/9/2005SenatePlaced on Calendar Order of 2nd Reading March 10, 2005
  3/11/2005SenatePension Note Filed from the Commission on Government Forecasting and Accountability.
  3/14/2005SenateAdded as Chief Co-Sponsor Sen. John O. Jones
  4/4/2005SenateAdded as Co-Sponsor Sen. Dan Rutherford
  4/13/2005SenateSecond Reading
  4/13/2005SenatePlaced on Calendar Order of 3rd Reading April 14, 2005
  4/13/2005SenateAdded as Co-Sponsor Sen. Bill Brady
  4/14/2005SenateAdded as Co-Sponsor Sen. Mike Jacobs
  4/15/2005SenateThird Reading - Passed; 054-004-000
  4/15/2005HouseArrived in House
  4/15/2005HousePlaced on Calendar Order of First Reading
  4/15/2005HouseChief House Sponsor Rep. Kurt M. Granberg
  4/15/2005HouseFirst Reading
  4/15/2005HouseReferred to Rules Committee
  4/26/2005HouseAdded Alternate Chief Co-Sponsor Rep. Patrick J Verschoore
  4/26/2005HouseAdded Alternate Chief Co-Sponsor Rep. Dan Brady
  4/26/2005HouseAlternate Chief Co-Sponsor Changed to Rep. Patrick J Verschoore
  4/26/2005HouseAlternate Chief Co-Sponsor Changed to Rep. Dan Brady
  4/27/2005HouseAssigned to Executive Committee
  4/28/2005HouseAdded Alternate Co-Sponsor Rep. Raymond Poe
  4/28/2005HouseAdded Alternate Co-Sponsor Rep. Rich Brauer
  4/28/2005HouseAdded Alternate Co-Sponsor Rep. Michael P. McAuliffe
  5/13/2005HouseRule 19(a) / Re-referred to Rules Committee
  5/19/2005HouseCommittee/Final Action Deadline Extended-9(b) May 31, 2005
  5/19/2005HouseAssigned to Personnel and Pensions Committee
  5/19/2005HouseMotion to Suspend Rule 25 - Prevailed
  5/19/2005HouseDo Pass / Short Debate Personnel and Pensions Committee; 004-000-000
  5/20/2005HousePlaced on Calendar 2nd Reading - Short Debate
  5/20/2005HouseAlternate Chief Sponsor Changed to Rep. Michael J. Madigan
  5/20/2005HouseAdded Alternate Chief Co-Sponsor Rep. Kurt M. Granberg
  5/20/2005HouseAdded Alternate Chief Co-Sponsor Rep. Gary Hannig
  5/20/2005HouseAdded Alternate Co-Sponsor Rep. William B. Black
  5/20/2005HouseSecond Reading - Short Debate
  5/20/2005HousePlaced on Calendar Order of 3rd Reading - Short Debate
  5/23/2005HouseAdded Alternate Co-Sponsor Rep. Robert F. Flider
  5/25/2005HouseAdded Alternate Co-Sponsor Rep. Art Tenhouse
  5/25/2005HouseAlternate Co-Sponsor Removed Rep. Robert F. Flider
  5/25/2005HouseRecalled to Second Reading - Short Debate
  5/25/2005HouseHeld on Calendar Order of Second Reading - Short Debate
  5/25/2005HouseHouse Floor Amendment No. 1 Filed with Clerk by Rep. Michael J. Madigan
  5/25/2005HouseHouse Floor Amendment No. 1 Referred to Rules Committee
  5/26/2005HouseHouse Floor Amendment No. 1 Rules Refers to Personnel and Pensions Committee
  5/26/2005HouseAlternate Chief Sponsor Changed to Rep. Kurt M. Granberg
  5/26/2005HouseAlternate Chief Co-Sponsor Removed Rep. Kurt M. Granberg
  5/27/2005HouseHouse Floor Amendment No. 1 Recommends Be Adopted Personnel and Pensions Committee; 005-000-000
  5/27/2005HouseAdded Alternate Chief Co-Sponsor Rep. Art Tenhouse
  5/27/2005HouseAlternate Co-Sponsor Removed Rep. Art Tenhouse
  5/28/2005HouseHouse Floor Amendment No. 1 Lost 046-065-001
  5/28/2005HouseHeld on Calendar Order of Second Reading - Short Debate
  5/29/2005HouseHouse Floor Amendment No. 1 Motion Filed to Reconsider Vote Rep. George Scully, Jr.
  5/29/2005HouseHouse Floor Amendment No. 2 Filed with Clerk by Rep. Gary Hannig
  5/29/2005HouseHouse Floor Amendment No. 2 Referred to Rules Committee
  5/31/2005HouseRule 19(a) / Re-referred to Rules Committee
  11/1/2005SenateAdded as Co-Sponsor Sen. Pamela J. Althoff
  11/1/2005HouseFinal Action Deadline Extended-9(b) January 11, 2005
  11/1/2005HouseApproved for Consideration Rules Committee; 005-000-000
  11/1/2005HousePlaced on Calendar 2nd Reading - Short Debate
  11/2/2005HouseHouse Floor Amendment No. 3 Filed with Clerk by Rep. Gary Hannig
  11/2/2005HouseHouse Floor Amendment No. 3 Referred to Rules Committee
  11/2/2005HouseHouse Floor Amendment No. 3 Rules Refers to Personnel and Pensions Committee
  11/3/2005HouseHouse Floor Amendment No. 3 Recommends Be Adopted Personnel and Pensions Committee; 005-000-000
  11/3/2005HouseAdded Alternate Co-Sponsor Rep. Jack D. Franks
  11/3/2005HouseAdded Alternate Co-Sponsor Rep. Linda Chapa LaVia
  11/3/2005HouseAdded Alternate Co-Sponsor Rep. Lou Lang
  11/3/2005HouseHouse Floor Amendment No. 3 Adopted by Voice Vote
  11/3/2005HousePlaced on Calendar Order of 3rd Reading - Short Debate
  11/3/2005House3/5 Vote Required
  11/3/2005HouseThird Reading - Short Debate - Passed 106-009-000
  11/3/2005SenateSecretary's Desk - Concurrence House Amendment(s) 03
  11/3/2005SenatePlaced on Calendar Order of Concurrence House Amendment(s) 03-November 4, 2005
  11/3/2005SenateHouse Floor Amendment No. 3 Motion to Concur Filed with Secretary Sen. Terry Link
  11/3/2005SenateHouse Floor Amendment No. 3 Motion to Concur Referred to Rules
  11/3/2005SenateHouse Floor Amendment No. 3 Motion to Concur Referred to Pensions & Investments
  11/4/2005SenateHouse Floor Amendment No. 3 Motion To Concur Recommended Do Adopt Pensions & Investments; 006-000-000
  11/4/2005SenateHouse Floor Amendment No. 3 Senate Concurs 055-003-000
  11/4/2005SenatePassed Both Houses
  11/29/2005HouseAdded Alternate Co-Sponsor Rep. Karen A. Yarbrough
  12/2/2005SenateSent to the Governor
  12/9/2005SenateGovernor Approved
  12/9/2005SenateEffective Date June 1, 2006
  12/9/2005SenatePublic Act . . . . . . . . . 94-0712

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