Date | Chamber | Action |
1/11/2005 | House | Session Sine Die |
40 ILCS 5/7-142.1 | from Ch. 108 1/2, par. 7-142.1 |
40 ILCS 5/7-156 | from Ch. 108 1/2, par. 7-156 |
40 ILCS 5/7-169 | from Ch. 108 1/2, par. 7-169 |
40 ILCS 5/7-173.1 | from Ch. 108 1/2, par. 7-173.1 |
30 ILCS 805/8.28 new |
Pension Note (Economic and Fiscal Commission) | |
According to IMRF, the formula increase provided by House Bill 5189 would increase the average annual cost of SLEP employers by an estimated 2.56% of payroll, assuming an amortization period of 28 years. The cost would be reduced by an increase in employee contributions of 0.5% salary, resulting in an average annual employer cost of 2.06% of payroll for SLEP employers. The other provisions of House Bill 5189 would have a fiscal impact, but it has not been determined. The cost estimate is based on a modified retirement rate assumption, as the formula increase provided by House Bill 5168 reduces the number of years of service required to achieve the maximum annuity of 80% of final average salary. |
Date | Chamber | Action | 2/5/2004 | House | Filed with the Clerk by Rep. Kurt M. Granberg | 2/5/2004 | House | First Reading | 2/5/2004 | House | Referred to Rules Committee | 3/30/2004 | House | Added Chief Co-Sponsor Rep. Steve Davis | 3/30/2004 | House | Chief Co-Sponsor Changed to Rep. Steve Davis | 3/31/2004 | House | Assigned to Personnel and Pensions Committee | 3/31/2004 | House | Added Chief Co-Sponsor Rep. William B. Black | 3/31/2004 | House | Added Chief Co-Sponsor Rep. Richard T. Bradley | 3/31/2004 | House | Chief Co-Sponsor Changed to Rep. Richard T. Bradley | 3/31/2004 | House | Chief Co-Sponsor Changed to Rep. William B. Black | 4/1/2004 | House | Chief Co-Sponsor Rep. Mike Boland | 4/1/2004 | House | Added Co-Sponsor Rep. Lou Lang | 4/1/2004 | House | Added Co-Sponsor Rep. Larry McKeon | 4/1/2004 | House | Added Co-Sponsor Rep. Rich Brauer | 4/1/2004 | House | Added Co-Sponsor Rep. Raymond Poe | 4/1/2004 | House | Added Co-Sponsor Rep. Joseph M. Lyons | 4/2/2004 | House | Committee/3rd Reading Deadline Extended-Rule 9(b); April 30, 2004 | 4/20/2004 | House | Added Co-Sponsor Rep. Jack D. Franks | 4/21/2004 | House | Added Co-Sponsor Rep. Mike Bost | 4/21/2004 | House | Added Co-Sponsor Rep. Jack McGuire | 4/21/2004 | House | Added Co-Sponsor Rep. Daniel J. Burke | 4/21/2004 | House | Added Co-Sponsor Rep. Ralph C. Capparelli | 4/21/2004 | House | Pension Note Requested by Rep. Kevin A. McCarthy | 4/22/2004 | House | Do Pass / Short Debate Personnel and Pensions Committee; 006-000-000 | 4/22/2004 | House | Placed on Calendar 2nd Reading - Short Debate | 4/22/2004 | House | Chief Co-Sponsor Rep. Dan Brady | 4/26/2004 | House | Pension Note Filed | 4/27/2004 | House | Second Reading - Short Debate | 4/27/2004 | House | Placed on Calendar Order of 3rd Reading - Short Debate | 4/27/2004 | House | Added Co-Sponsor Rep. Linda Chapa LaVia | 4/28/2004 | House | Added Co-Sponsor Rep. Patricia Bailey | 4/28/2004 | House | Third Reading - Short Debate - Passed 105-012-001 | 4/28/2004 | House | Added Co-Sponsor Rep. Careen Gordon | 4/28/2004 | House | Added Co-Sponsor Rep. Naomi D. Jakobsson | 4/29/2004 | Senate | Arrive in Senate | 4/29/2004 | Senate | Placed on Calendar Order of First Reading April 29, 2004 | 4/29/2004 | Senate | Chief Senate Sponsor Sen. Denny Jacobs | 4/29/2004 | Senate | First Reading | 4/29/2004 | Senate | Referred to Rules | 4/29/2004 | House | Added Co-Sponsor Rep. Kevin Joyce | 5/4/2004 | House | Added Co-Sponsor Rep. John A. Fritchey | 11/9/2004 | Senate | Added as Alternate Co-Sponsor Sen. Deanna Demuzio | 1/11/2005 | House | Session Sine Die |