Illinois General Assembly - Bill Status for SB2972
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 Bill Status of SB2972  99th General Assembly


Short Description:  PEN CD-IMRF-SEPARATION BENEFIT

Senate Sponsors
Sen. Don Harmon - Iris Y. Martinez and James F. Clayborne, Jr.

House Sponsors
(Rep. William Davis)

Last Action
DateChamber Action
  8/5/2016SenatePublic Act . . . . . . . . . 99-0747

Statutes Amended In Order of Appearance
40 ILCS 5/7-166from Ch. 108 1/2, par. 7-166


Synopsis As Introduced
Amends the Illinois Municipal Retirement Fund (IMRF) Article of the Illinois Pension Code, allows a participant who is terminating service to elect a separation benefit rather than a retirement annuity if his or her annuity would be less than $100 (now $30) per month. Effective January 1, 2017.

Actions 
DateChamber Action
  2/18/2016SenateFiled with Secretary by Sen. Don Harmon
  2/18/2016SenateFirst Reading
  2/18/2016SenateReferred to Assignments
  3/2/2016SenateAssigned to Licensed Activities and Pensions
  3/3/2016SenateAdded as Chief Co-Sponsor Sen. Iris Y. Martinez
  3/3/2016SenateAdded as Co-Sponsor Sen. James F. Clayborne, Jr.
  3/17/2016SenateDo Pass Licensed Activities and Pensions; 010-000-000
  3/17/2016SenatePlaced on Calendar Order of 2nd Reading April 5, 2016
  4/19/2016SenateSecond Reading
  4/19/2016SenatePlaced on Calendar Order of 3rd Reading April 20, 2016
  4/21/2016SenateThird Reading - Passed; 058-000-000
  4/21/2016HouseArrived in House
  4/21/2016HouseChief House Sponsor Rep. William Davis
  4/21/2016HouseFirst Reading
  4/21/2016HouseReferred to Rules Committee
  5/2/2016HouseAssigned to Personnel and Pensions Committee
  5/11/2016HouseDo Pass / Short Debate Personnel and Pensions Committee; 009-000-000
  5/12/2016HousePlaced on Calendar 2nd Reading - Short Debate
  5/18/2016HouseSecond Reading - Short Debate
  5/18/2016HousePlaced on Calendar Order of 3rd Reading - Short Debate
  5/27/2016HouseThird Reading - Short Debate - Passed 108-000-000
  5/27/2016SenatePassed Both Houses
  6/27/2016SenateSent to the Governor
  8/5/2016SenateGovernor Approved
  8/5/2016SenateEffective Date January 1, 2017
  8/5/2016SenatePublic Act . . . . . . . . . 99-0747

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