IL HB4099 | 2023-2024 | 103rd General Assembly

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on May 18 2023 - 25% progression
Action: 2024-04-19 - Rule 19(a) / Re-referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the General Provisions, Downstate Police, Downstate Firefighter, and State Employees Articles of the Illinois Pension Code. Provides that a security employee of the Department of Corrections or the Department of Juvenile Justice or a security employee of the Department of Human Services subject to the Tier 2 provisions is entitled to an annuity calculated under the alternative retirement annuity provisions, in lieu of the regular or minimum retirement annuity, only if the person has withdrawn from service with not less than 20 years of eligible creditable service and has attained age 55, regardless of whether the attainment of age 55 occurs while the person is still in service. Provides that any benefit increase that results from the amendatory Act is excluded from the definition of "new benefit increase". In the Downstate Police and Downstate Firefighter Articles, in a provision that reduces the amount of the pension for a Tier 2 firefighter or Tier 2 police officer who retires with at least 10 years of creditable service before attaining age 55, provides that the pension of a Tier 2 firefighter or Tier 2 police officer who is retiring after attaining age 50 with 20 or more years of creditable service shall not be reduced. Makes a conforming change. Provides that each annual increase for Tier 2 firefighters shall be increased on the January 1 occurring either on or after the attainment of age 55 (instead of age 60) or the first anniversary of the pension start date, whichever is later. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

Tracking Information

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Title

PEN CD-TIER 2 VARIOUS

Sponsors


History

DateChamberAction
2024-04-19HouseRule 19(a) / Re-referred to Rules Committee
2024-04-17HouseHeld on Calendar Order of Second Reading - Short Debate
2024-04-17HouseSecond Reading - Short Debate
2024-04-04HousePlaced on Calendar 2nd Reading - Short Debate
2024-04-04HouseDo Pass / Short Debate Personnel & Pensions Committee; 007-004-000
2024-01-31HouseAssigned to Personnel & Pensions Committee
2023-07-24HousePension Note Requested by Rep. Stephanie A. Kifowit
2023-05-18HouseRemove Chief Co-Sponsor Rep. Steven Reick
2023-05-18HouseReferred to Rules Committee
2023-05-18HouseFirst Reading
2023-05-18HouseAdded Chief Co-Sponsor Rep. Steven Reick
2023-05-18HouseFiled with the Clerk by Rep. Stephanie A. Kifowit

Code Citations

ChapterArticleSectionCitation TypeStatute Text
308058.47New CodeSee Bill Text
4051-160Amended CodeCitation Text
40514-152.1Amended CodeCitation Text
4053-111Amended CodeCitation Text
4053-111.1Amended CodeCitation Text
4054-109Amended CodeCitation Text
4054-109.1Amended CodeCitation Text

Illinois State Sources


Bill Comments

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