Illinois General Assembly - Bill Status for HB4033

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Bill Status of HB4033 96th General Assembly

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Short Description: PEN CD-IMRF-SUPPLEMENTAL BEN

House Sponsors
Rep. Jack McGuire

Last Action

Date	Chamber	Action
1/11/2011	House	Session Sine Die

Statutes Amended In Order of Appearance

40 ILCS 5/7-144.3

from Ch. 108 1/2, par. 7-144.3

40 ILCS 5/7-172

from Ch. 108 1/2, par. 7-172

30 ILCS 805/8.33 new

Synopsis As Introduced
Amends the Illinois Municipal Retirement Fund Article of the Illinois Pension Fund. Changes how a supplemental benefit payment is calculated. Provides that the amount of the supplemental benefit payment to each eligible person shall be 75% of the monthly retirement or surviving spouse annuity payable to that person in June preceding the July 1 supplemental benefit payment date. Adds the percentage of earnings of the participating employees of all participating municipalities and participating instrumentalities necessary to provide that year's supplemental benefit payment to the list of considerations in determining the municipal contribution rate. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

Actions

Date	Chamber	Action
2/26/2009	House	Filed with the Clerk by Rep. Jack McGuire
2/26/2009	House	First Reading
2/26/2009	House	Referred to Rules Committee
3/3/2009	House	Assigned to Executive Committee
3/13/2009	House	Rule 19(a) / Re-referred to Rules Committee
1/11/2011	House	Session Sine Die

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