Illinois General Assembly - Bill Status for HB2016
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 Bill Status of HB2016  97th General Assembly


Short Description:  PEN CD-BLENDED PENSIONS

House Sponsors
Rep. Dave Winters

Last Action
DateChamber Action
  1/8/2013HouseSession Sine Die

Statutes Amended In Order of Appearance
40 ILCS 5/2-163 new


Synopsis As Introduced
Amends the General Assembly Article of the Illinois Pension Code. Provides that active participants who first became participants in the fund before January 1, 2011 shall, for periods of service on and after the effective date of the amendatory Act, be eligible only for the benefits provided to participants who first became participants on or after January 1, 2011. Specifies that the retirement annuities of active participants who were participants in the fund before January 1, 2011 shall be calculated based on a weighted average of the benefits earned before and after the effective date of the amendatory Act.

Actions 
DateChamber Action
  2/17/2011HouseFiled with the Clerk by Rep. Dave Winters
  2/17/2011HouseFirst Reading
  2/17/2011HouseReferred to Rules Committee
  2/23/2011HouseAssigned to Personnel and Pensions Committee
  3/17/2011HouseRule 19(a) / Re-referred to Rules Committee
  1/8/2013HouseSession Sine Die

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