Illinois General Assembly

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 Bill Status of HB6150  97th General Assembly


Short Description:  PEN CD-BENEFIT BUYOUT PAYMENT

House Sponsors
Rep. Daniel Biss

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

Statutes Amended In Order of Appearance
40 ILCS 5/2-117.4 new
40 ILCS 5/3-111.5 new
40 ILCS 5/4-109.5 new
40 ILCS 5/5-129.5 new
40 ILCS 5/6-124.5 new
40 ILCS 5/7-140.5 new
40 ILCS 5/8-137.5 new
40 ILCS 5/9-133.5 new
40 ILCS 5/10-104.6 new
40 ILCS 5/11-133.7 new
40 ILCS 5/12-129.5 new
40 ILCS 5/13-316 new
40 ILCS 5/14-108.7 new
40 ILCS 5/15-135.5 new
40 ILCS 5/16-133.8 new
40 ILCS 5/17-115.5 new
40 ILCS 5/18-123.5 new


Synopsis As Introduced
Amends the Illinois Pension Code. Establishes a program under which certain retirement system participants may elect to receive a cash payment in exchange for agreeing to an increase in the required retirement age or agreeing to give up future automatic annual benefit increases. Effective immediately.

Actions 
DateChamber Action
  4/5/2012HouseFiled with the Clerk by Rep. Daniel Biss
  4/10/2012HouseFirst Reading
  4/10/2012HouseReferred to Rules Committee
  1/8/2013HouseSession Sine Die

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