IL HB5797 | 2023-2024 | 103rd General Assembly
Status
Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on April 1 2024 - 25% progression
Action: 2024-05-09 - Added Co-Sponsor Rep. Stephanie A. Kifowit
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on April 1 2024 - 25% progression
Action: 2024-05-09 - Added Co-Sponsor Rep. Stephanie A. Kifowit
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the State Employees Group Insurance Act of 1971. Adds to the definition of "community college benefit recipient" a person who is receiving retirement income from a self-managed plan account under the State Universities Article of the Illinois Pension Code and who meets other requirements. Amends the State Universities Article of the Illinois Pension Code. In the definition of "retire" and "retirement", provides that a participant in the self-managed plan retires, and the participant's retirement begins, when the participant is eligible for retirement under the Article, and the Retirement System Reciprocal Act (Article 20 of the Code) if applicable, and the participant begins receiving retirement income from the participant's self-managed plan account.
Title
PEN CD/GROUP INS-SURS SMP
Sponsors
History
Date | Chamber | Action |
---|---|---|
2024-05-09 | House | Added Co-Sponsor Rep. Stephanie A. Kifowit |
2024-04-02 | House | Referred to Rules Committee |
2024-04-02 | House | First Reading |
2024-04-01 | House | Filed with the Clerk by Rep. Lance Yednock |
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
40 | 5 | 15-132.2 | Amended Code | Citation Text |
5 | 375 | 3 | Amended Code | Citation Text |
Illinois State Sources
Type | Source |
---|---|
Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=5797&GAID=17&DocTypeID=HB&SessionID=112&GA=103 |
Text | https://www.ilga.gov/legislation/103/HB/10300HB5797.htm |