IL HB5261 | 2023-2024 | 103rd General Assembly

Status

Spectrum: Partisan Bill (Democrat 3-0)
Status: Engrossed on April 17 2024 - 50% progression
Action: 2024-04-19 - Referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Engrossed) [HTML]

Summary

Amends the State Employee Article of the Illinois Pension Code. Includes persons employed on a full-time basis by the Illinois Department of Transportation in the positions of sign hanger and sign hanger foreman in the definition of "State highway maintenance worker". Provides that a person who is employed on a full-time basis by the Illinois Department of Transportation in the position of sign hanger or sign hanger foreman may elect to convert service credit earned to eligible creditable service under the alternative annuity formula by filing a written election with the Board and paying a specified amount to the System. Provides that any benefit increase that results from the amendatory Act is excluded from the definition of "new benefit increase". Effective immediately.

Tracking Information

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Title

PEN CD-SERS-ALT ANNUITY

Sponsors


Roll Calls

2024-04-17 - House - Third Reading in House (Y: 104 N: 3 NV: 2 Abs: 1) [PASS]

History

DateChamberAction
2024-04-19SenateReferred to Assignments
2024-04-19SenateFirst Reading
2024-04-19SenateChief Senate Sponsor Sen. Meg Loughran Cappel
2024-04-18SenatePlaced on Calendar Order of First Reading April 30, 2024
2024-04-18SenateArrive in Senate
2024-04-17HouseThird Reading - Short Debate - Passed 104-003-000
2024-04-17HouseAdded Chief Co-Sponsor Rep. Stephanie A. Kifowit
2024-04-11HousePlaced on Calendar Order of 3rd Reading - Short Debate
2024-04-11HouseSecond Reading - Short Debate
2024-03-22HousePlaced on Calendar 2nd Reading - Short Debate
2024-03-22HouseDo Pass / Short Debate Personnel & Pensions Committee; 010-001-000
2024-03-05HouseAssigned to Personnel & Pensions Committee
2024-02-09HouseReferred to Rules Committee
2024-02-09HouseFirst Reading
2024-02-08HouseFiled with the Clerk by Rep. Martin J. Moylan

Code Citations

ChapterArticleSectionCitation TypeStatute Text
40514-110Amended CodeCitation Text
40514-152.1Amended CodeCitation Text

Illinois State Sources


Bill Comments

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