Bill Text: IL HJRCA0045 | 2019-2020 | 101st General Assembly | Introduced
Bill Title: Proposes to amend the General Provisions Article of the Illinois Constitution. Removes a provision that specifies that membership in any pension or retirement system of the State, any unit of local government or school district, or any agency or instrumentality thereof shall be an enforceable contractual relationship, the benefits of which shall not be diminished or impaired. Provides that a person who has not attained the age of 65 shall not be entitled to receive a retirement pension from a pension or retirement system of the State, any unit of local government or school district, or any agency or instrumentality thereof. Provides that an automatic annual increase or cost of living adjustment to any pension granted by a pension or retirement system of the State, any unit of local government or school district, or any agency or instrumentality thereof shall not exceed the lesser of 2% of the pension amount or the annual unadjusted percentage increase (but not less than zero) in the consumer price index for all urban consumers for the 12 months ending with the September preceding each November 1, including all previous adjustments. Provides that no pension granted by a pension or retirement system of the State, any unit of local government or school district, or any agency or instrumentality thereof shall exceed an annual amount of $110,000; except that this amount shall annually be increased by the lesser of 2% or the annual unadjusted percentage increase (but not less than zero) in the consumer price index for all urban consumers for the 12 months ending with the September preceding each November 1, including all previous adjustments. Effective upon being declared adopted in accordance with Section 7 of the Illinois Constitutional Amendment Act.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2020-02-20 - Referred to Rules Committee [HJRCA0045 Detail]
Download: Illinois-2019-HJRCA0045-Introduced.html
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| 1 | HOUSE JOINT RESOLUTION
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| 2 | CONSTITUTIONAL AMENDMENT
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| 3 | RESOLVED, BY THE HOUSE OF REPRESENTATIVES OF THE ONE | |||||||||||||||||||
| 4 | HUNDRED FIRST GENERAL ASSEMBLY OF THE STATE OF ILLINOIS, THE | |||||||||||||||||||
| 5 | SENATE CONCURRING HEREIN, that there shall be submitted to the | |||||||||||||||||||
| 6 | electors of the State for adoption or rejection at the general | |||||||||||||||||||
| 7 | election next occurring at least 6 months after the adoption of | |||||||||||||||||||
| 8 | this resolution a proposition to amend Section 5 of Article | |||||||||||||||||||
| 9 | XIII of the Illinois Constitution as follows:
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| 10 | ARTICLE XIII
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| 11 | GENERAL PROVISIONS
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| 12 | (ILCON Art. XIII, Sec. 5)
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| 13 | SECTION 5. LIMITATION OF PENSION AND RETIREMENT RIGHTS
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| 14 | A person who has not attained the age of 65 shall not be | |||||||||||||||||||
| 15 | entitled to receive a retirement pension from a pension or | |||||||||||||||||||
| 16 | retirement system of the State, any unit of
local government or | |||||||||||||||||||
| 17 | school district, or any agency or instrumentality
thereof. An | |||||||||||||||||||
| 18 | automatic annual increase or cost of living adjustment to any | |||||||||||||||||||
| 19 | pension granted by a pension or retirement system of the State, | |||||||||||||||||||
| 20 | any unit of
local government or school district, or any agency | |||||||||||||||||||
| 21 | or instrumentality
thereof shall not exceed the lesser of 2% of | |||||||||||||||||||
| 22 | the pension amount or the annual unadjusted percentage increase | |||||||||||||||||||
| 23 | (but not less than zero) in the consumer price index for all | |||||||||||||||||||
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| 1 | urban consumers for the 12 months ending with the September | ||||||
| 2 | preceding each November 1, including all previous adjustments. | ||||||
| 3 | No pension granted by a pension or retirement system of the | ||||||
| 4 | State, any unit of
local government or school district, or any | ||||||
| 5 | agency or instrumentality
thereof shall exceed an annual amount | ||||||
| 6 | of $110,000; except that this amount shall annually be | ||||||
| 7 | increased by the lesser of 2% or the annual unadjusted | ||||||
| 8 | percentage increase (but not less than zero) in the consumer | ||||||
| 9 | price index for all urban consumers for the 12 months ending | ||||||
| 10 | with the September preceding each November 1, including all | ||||||
| 11 | previous adjustments. Membership in any pension or retirement | ||||||
| 12 | system of the State, any unit of
local government or school | ||||||
| 13 | district, or any agency or instrumentality
thereof, shall be an | ||||||
| 14 | enforceable contractual relationship, the benefits
of which | ||||||
| 15 | shall not be diminished or impaired.
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| 16 | (Source: Illinois Constitution.)
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| 17 | SCHEDULE
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| 18 | This Constitutional Amendment takes effect upon being | ||||||
| 19 | declared adopted in accordance with Section 7 of the Illinois | ||||||
| 20 | Constitutional Amendment Act.
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