HB2332 - 104th General Assembly

PEN CD-SURS-TIER 2 RETIREMENT
Last Action
4/11/2025 - House: Rule 19(a) / Re-referred to Rules Committee
Statutes Amended In Order of Appearance
40 ILCS 5/15-135from Ch. 108 1/2, par. 15-135
Synopsis As Introduced
Amends the State Universities Article of the Illinois Pension Code. Provides that a Tier 2 member who has at least 20 years of service in this system as a police officer or firefighter is entitled to a retirement annuity upon written application on or after the attainment of age 55 (instead of age 60) if a specified rule is applicable to the participant. Provides that the changes apply retroactively to January 1, 2011. Provides that any benefit increase that results from the amendatory Act is excluded from the definition of "new benefit increase".
Actions
Date Chamber Action
1/30/2025 House Filed with the Clerk by Rep. Katie Stuart
1/30/2025 House Chief Sponsor Changed to Rep. Rick Ryan
2/04/2025 House First Reading
2/04/2025 House Referred to Rules Committee
2/25/2025 House Assigned to Appropriations-Pensions & Personnel
3/05/2025 House Do Pass / Short Debate Appropriations-Pensions & Personnel; 010-001-000
3/05/2025 House Placed on Calendar 2nd Reading - Short Debate
3/12/2025 House Fiscal Note Requested by Rep. Steven Reick
3/18/2025 House Added Chief Co-Sponsor Rep. Stephanie A. Kifowit
3/25/2025 House Added Chief Co-Sponsor Rep. Katie Stuart
3/26/2025 House Second Reading - Short Debate
3/26/2025 House Held on Calendar Order of Second Reading - Short Debate
4/07/2025 House Added Co-Sponsor Rep. Gregg Johnson
4/07/2025 House Added Co-Sponsor Rep. Sharon Chung
4/07/2025 House Added Co-Sponsor Rep. Mary Gill
4/10/2025 House Added Co-Sponsor Rep. Camille Y. Lilly
4/11/2025 House Rule 19(a) / Re-referred to Rules Committee