Bill Sponsors: IL HB3266 | 2023-2024 | 103rd General Assembly
Bill Title: Amends the General Provisions and State Employee Articles of the Illinois Pension Code. Provides that for a Tier 2 State policeman for all purposes under the Code, including, without limitation, the calculation of benefits and employee contributions, the annual earnings, salary, or wages based on the plan year of a State policeman shall not exceed the amount determined by the Social Security Administration to be the Old-Age, Survivors and Disability Insurance Contribution and Benefit Base (instead of $106,800, as annually adjusted). Provides that any benefit increase that results from the amendatory Act is excluded from the definition of "new benefit increase". Effective immediately.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced) 2023-02-17 - Referred to Rules Committee [HB3266 Detail]
Text: Latest bill text (Introduced) [HTML]
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced) 2023-02-17 - Referred to Rules Committee [HB3266 Detail]
Text: Latest bill text (Introduced) [HTML]
Sponsors
Name | Type | Sponsorship | District | Financial | Encyclopedia | Biography |
---|---|---|---|---|---|---|
Representative Jay Hoffman [D] | Primary | Sponsored Bills | HD-113 | FollowTheMoney | Ballotpedia | VoteSmart |