GRANBERG-BRADY-WOOLARD. (LUECHTEFELD-MADIGAN,R-BURZYNSKI-REA) 5 ILCS 375/3 from Ch. 127, par. 523 40 ILCS 5/15-107 from Ch. 108 1/2, par. 15-107 40 ILCS 5/15-134 from Ch. 108 1/2, par. 15-134 40 ILCS 5/15-136 from Ch. 108 1/2, par. 15-136 40 ILCS 5/15-136.4 new 40 ILCS 5/15-146 from Ch. 108 1/2, par. 15-146 40 ILCS 5/15-154 from Ch. 108 1/2, par. 15-154 40 ILCS 5/15-157 from Ch. 108 1/2, par. 15-157 40 ILCS 5/15-158.2 40 ILCS 5/15-165 from Ch. 108 1/2, par. 15-165 40 ILCS 15/1.1 Amends the State Universities Article of the Pension Code to provide for another optional retirement program. Amends the State Employees Group Insurance Act to make changes in definitions. Also makes other changes. Amends the State Pension Funds Continuing Appropriation Act to make a change in the continuing appropriation for the State Universities Retirement System. Effective immediately. PENSION IMPACT NOTE HB 1296 would not have a negative impact on SERS and may have a positive impact on the System's accrued liabilities. HOUSE AMENDMENT NO. 1. Adds reference to: 40 ILCS 5/15-141 from Ch. 108 1/2, par. 15-141 40 ILCS 5/15-142 from Ch. 108 1/2, par. 15-142 Changes the types of contributions that are characterized as "additional". Changes the date upon which the period for electing the alternative refund plan is based, from the effective date of this amendatory Act to the date upon which the employer first offers an optional program under Section 15-158.2. Provides for the payment of death benefits to survivors of persons who participate in the portable benefit program. PENSION IMPACT NOTE No change from previous pension note. PENSION NOTE No change from previous pension note. SENATE AMENDMENT NO. 1. Deletes reference to: 5 ILCS 375/3 40 ILCS 5/15-107 40 ILCS 5/15-134 40 ILCS 5/15-136 40 ILCS 5/15-136.4 new 40 ILCS 5/15-146 40 ILCS 5/15-154 40 ILCS 5/15-157 40 ILCS 5/15-158.2 40 ILCS 5/15-165 40 ILCS 15/1.1 Adds reference to: 40 ILCS 5/1-101 Replaces everything after the enacting clause with an amendment to the Pension Code to make a technical change in the short title. SENATE AMENDMENT NO. 2. Adds reference to: 5 ILCS 375/3 from Ch. 127, par. 523 5 ILCS 375/10 from Ch. 127, par. 530 40 ILCS 5/15-135.1 new 40 ILCS 5/16-163 from Ch. 108 1/2, par. 16-163 40 ILCS 5/16-165 from Ch. 108 1/2, par. 16-165 Deletes everything. Amends the State Employees Group Insurance Act of 1971 and the Illinois Pension Code. Allows certain participants in the State Universities Retirement Systems to elect to forgo certain changes in the retirement annuity formula made by Public Act 90-65 and thereby avoid the additional cost of group health insurance imposed under that Public Act. Also eliminates the additional insurance cost for certain survivors. Eliminates provisions relating to "new SURS retired employees". Amends the Downstate Teacher Article of the Illinois Pension Code to add a second elected annuitant to the Board of Trustees. Gives the Governor the power to appoint the president of the Board from among its members (currently the State Superintendent of Education serves as president, ex officio). Effective immediately. 97-03-04 H FIRST READING 97-03-04 H ADDED AS A JOINT SPONSOR BRADY 97-03-04 H REFERRED TO HOUSE RULES COMMITTEE RULES 97-03-05 H ASSIGNED TO COMMITTEE PERS PENSION 97-03-18 H PENSION NOTE FILED 97-03-18 H COMMITTEE PERS PENSION 97-03-21 H AMENDMENT NO. 01-PERS PENSION H 97-03-21 H ADOPTED 97-03-21 H DO PASS AMENDED/SHORT DEBATE 013-000-000 HPPN 97-03-21 H PLACED CALENDAR 2ND READING-SHORT DEBATE 97-04-09 H PENSION NOTE FILED AS AMENDED 97-04-09 H SECOND READING-SHORT DEBATE 97-04-09 H PLCD CAL ORDER 3RD READING-SHORT DEBATE 97-04-15 H ADDED AS A CO-SPONSOR WOOLARD 97-04-18 H THIRD READING/SHORT DEBATE/PASSED 116-000-000 97-04-23 S ARRIVE IN SENATE 97-04-23 S PLACED CALENDAR ORDER OF FIRST READING 97-04-24 97-04-24 S CHIEF SPONSOR MADIGAN 97-04-24 S FIRST READING 97-04-24 S REFERRED TO SENATE RULES COMMITTEE RULES 97-04-30 S PENSION NOTE FILED AS ENGROSSED 97-10-30 S ASSIGNED TO COMMITTEE INS & PENS. 97-11-13 S AMENDMENT NO. 01-INS & PENS. S 97-11-13 S ADOPTED 97-11-13 S DO PASS AS AMENDED 006-000-000 SINS 97-11-14 S PLACED ON CALENDAR ORDER OF 2ND READING 97-11-14 S SECOND READING 97-11-14 S PLACED ON CALENDAR ORDER OF 3RD READING 97-11-14 97-11-14 S FILED WITH SECRETARY 97-11-14 S AMENDMENT NO. 02-LUECHTEFELD 97-11-14 S -MADIGAN 97-11-14 S AMENDMENT REFERRED TO SRUL 97-11-14 S SPONSOR REMOVED MADIGAN 97-11-14 S ALTERNATE CHIEF SPONSOR CHANGED TO LUECHTEFELD 97-11-14 S ADDED AS A CHIEF CO-SPONSOR MADIGAN 97-11-14 S ADDED AS A CHIEF CO-SPONSOR BURZYNSKI 97-11-14 S FILED WITH SECRETARY 97-11-14 S AMENDMENT NO. 03-CULLERTON 97-11-14 S AMENDMENT REFERRED TO SRUL 97-11-14 S AMENDMENT NO. 02-LUECHTEFELD 97-11-14 S -MADIGAN 97-11-14 S RULES REFERS TO SINS 97-11-14 S FILED WITH SECRETARY 97-11-14 S AMENDMENT NO. 04-BOMKE 97-11-14 S AMENDMENT REFERRED TO SRUL 97-11-14 S ADDED AS A CHIEF CO-SPONSOR REA 97-11-14 S AMENDMENT NO. 02-LUECHTEFELD 97-11-14 S -MADIGAN 97-11-14 S BE ADOPTED SINS/007-000-003 97-11-14 S RECALLED TO SECOND READING 97-11-14 S AMENDMENT NO. 02-LUECHTEFELD 97-11-14 S -MADIGAN 97-11-14 S ADOPTED 97-11-14 S PLACED ON CALENDAR ORDER OF 3RD READING 97-11-14 S 3/5 VOTE REQUIRED 97-11-14 S THIRD READING - LOST 028-010-016 97-11-14 S TABLED PURSUANT TO RULE 5-4(A) SA'S 03,04 97-11-14 S THIRD READING - LOST 028-010-016 END OF INQUIRY Full Text Bill Summary