Bill Status of HB2789  98th General Assembly

Short Description:  PENCD-CHGO TCHR-HEALTH INSUR

House Sponsors
Rep. Elgie R. Sims, Jr. - Daniel J. Burke, Esther Golar, Maria Antonia Berrios and Cynthia Soto

Last Action
DateChamber Action
  12/3/2014HouseSession Sine Die

Statutes Amended In Order of Appearance
40 ILCS 5/17-142.1from Ch. 108 1/2, par. 17-142.1
30 ILCS 805/8.37 new


Synopsis As Introduced
Amends the Chicago Teacher Article of the Illinois Pension Code. In a Section on reimbursement of health insurance costs: (1) deletes a provision limiting total payments in any year to $65,000,000, plus past-due amounts; (2) changes a provision limiting total payments in any year from 75% to 50% of the total cost of health insurance for all recipients, plus past-due amounts; and (3) adds a provision limiting each recipient to an amount equal to 2.2% of health insurance costs for each year of service credit. Amends the State Mandates Act to require implementation without reimbursement. Effective January 1, 2014.

 Pension Note (Government Forecasting & Accountability)
 According to the pension fund’s 2012 actuarial report, there were 17,091 retirees and beneficiaries receiving health insurance subsidies as of June 30, 2012. The report also showed that effective Jan. 1, 2011, the Chicago Teacher Pension Fund (CTPF) provides a retiree health insurance reimbursement level equal to 60% of the cost of retiree health insurance coverage. CTPF claims that this bill would allow the Chicago Board of Ed to transfer $32 million in a health reserve to CTPF to be utilized for retiree health insurance. CTPF would expect to spend $68.7 million in FY 2014 on retiree health insurance subsidies, and that amount would ramp up to $88.9 million by FY 2018. Upon enactment of this bill, the maximum rebate would decrease from the current 75% maximum as allowed by law to 50%.

Actions 
DateChamber Action
  2/22/2013HouseFiled with the Clerk by Rep. Elgie R. Sims, Jr.
  2/26/2013HouseFirst Reading
  2/26/2013HouseReferred to Rules Committee
  3/4/2013HouseAssigned to Personnel and Pensions Committee
  3/8/2013HouseAdded Chief Co-Sponsor Rep. Daniel J. Burke
  3/13/2013HousePension Note Filed
  3/13/2013HouseAdded Co-Sponsor Rep. Esther Golar
  3/14/2013HouseAdded Co-Sponsor Rep. Maria Antonia Berrios
  3/14/2013HouseHouse Committee Amendment No. 1 Filed with Clerk by Rep. Elgie R. Sims, Jr.
  3/14/2013HouseHouse Committee Amendment No. 1 Referred to Rules Committee
  3/14/2013HouseDo Pass / Short Debate Personnel and Pensions Committee; 009-000-000
  3/14/2013HouseHouse Committee Amendment No. 1 Tabled Pursuant to Rule 40
  3/15/2013HousePlaced on Calendar 2nd Reading - Short Debate
  3/19/2013HouseAdded Co-Sponsor Rep. Cynthia Soto
  3/21/2013HouseHouse Floor Amendment No. 2 Filed with Clerk by Rep. Elgie R. Sims, Jr.
  3/21/2013HouseHouse Floor Amendment No. 2 Referred to Rules Committee
  4/18/2013HouseSecond Reading - Short Debate
  4/18/2013HouseHeld on Calendar Order of Second Reading - Short Debate
  4/19/2013HouseRule 19(a) / Re-referred to Rules Committee
  12/3/2014HouseSession Sine Die