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HB5540 - 104th General Assembly
PEN CD-IMRF-ANNUITY PAYMENT
Last Action
House Sponsors
Rep. Tom Weber - Stephanie A. Kifowit - Dave Severin - John M. Cabello, Kevin Schmidt, Regan Deering, Charles Meier, Travis Weaver, Amy Elik, Bradley Fritts, Rita Mayfield, Natalie A. Manley, Jeff Keicher, Tony M. McCombie, William E Hauter, Joe C. Sosnowski, David Friess, Dan Ugaste, Brandun Schweizer, Brad Stephens, Jackie Haas, Amy L. Grant, Kyle Moore, Nicole La Ha, Michael J. Coffey, Jr., Patrick Windhorst, Mary Gill, Fred Crespo, William "Will" Davis, Martin McLaughlin, Dennis Tipsword, Brad Halbrook, Jed Davis, Paul Jacobs and Ryan SpainStatutes Amended In Order of Appearance
40 ILCS 5/7-141.5 new
215 ILCS 5/367jfrom Ch. 73, par. 979j
30 ILCS 805/8.50 new
Synopsis As Introduced
Amends the Illinois Municipal Retirement Fund (IMRF) Article of the Illinois Pension Code. Provides that, if the payment of a retirement annuity is made to an annuitant more than one month after that retirement annuity payment became payable, then the Fund shall pay interest to the annuitant in an amount equal to 6% of that payment of the retirement annuity. Amends the Illinois Insurance Code. In provisions concerning the municipal employee's continuance privilege, provides that if an employee has elected to have the monthly premium deducted by the Illinois Municipal Retirement Fund from the employee's monthly pension payment, then the Illinois Municipal Retirement Fund shall promptly remit the premium payments to the insurance company, regardless of whether the employee's monthly pension payment has been paid to the employee. Amends the State Mandates Act to require implementation without reimbursement.
Actions
| Date | Chamber | Action |
|---|---|---|
| 2/06/2026 | House | Filed with the Clerk by Rep. Tom Weber |
| 2/13/2026 | House | First Reading |
| 2/13/2026 | House | Referred to Rules Committee |
| 3/12/2026 | House | Assigned to Appropriations-Pensions & Personnel |
| 3/19/2026 | House | Do Pass / Short Debate Appropriations-Pensions & Personnel; 009-000-000 |
| 3/19/2026 | House | Placed on Calendar 2nd Reading - Short Debate |
| 4/08/2026 | House | Added Co-Sponsor Rep. Kevin Schmidt |
| 4/08/2026 | House | Added Co-Sponsor Rep. Regan Deering |
| 4/08/2026 | House | Added Co-Sponsor Rep. Charles Meier |
| 4/08/2026 | House | Added Co-Sponsor Rep. Travis Weaver |
| 4/08/2026 | House | Added Co-Sponsor Rep. Amy Elik |
| 4/08/2026 | House | Added Co-Sponsor Rep. Bradley Fritts |
| 4/08/2026 | House | Added Co-Sponsor Rep. Rita Mayfield |
| 4/08/2026 | House | Added Co-Sponsor Rep. Natalie A. Manley |
| 4/08/2026 | House | Added Chief Co-Sponsor Rep. Stephanie A. Kifowit |
| 4/08/2026 | House | Added Chief Co-Sponsor Rep. Dave Severin |
| 4/08/2026 | House | Added Chief Co-Sponsor Rep. John M. Cabello |
| 4/08/2026 | House | Added Co-Sponsor Rep. Jeff Keicher |
| 4/08/2026 | House | Added Co-Sponsor Rep. Tony M. McCombie |
| 4/08/2026 | House | Added Co-Sponsor Rep. William E Hauter |
| 4/08/2026 | House | Added Co-Sponsor Rep. Joe C. Sosnowski |
| 4/08/2026 | House | Added Co-Sponsor Rep. David Friess |
| 4/08/2026 | House | Added Co-Sponsor Rep. Dan Ugaste |
| 4/08/2026 | House | Added Co-Sponsor Rep. Brandun Schweizer |
| 4/08/2026 | House | Added Co-Sponsor Rep. Brad Stephens |
| 4/08/2026 | House | Added Co-Sponsor Rep. Jackie Haas |
| 4/08/2026 | House | Added Co-Sponsor Rep. Amy L. Grant |
| 4/08/2026 | House | Added Co-Sponsor Rep. Kyle Moore |
| 4/08/2026 | House | Added Co-Sponsor Rep. Nicole La Ha |
| 4/08/2026 | House | Added Co-Sponsor Rep. Michael J. Coffey, Jr. |
| 4/08/2026 | House | Added Co-Sponsor Rep. Patrick Windhorst |
| 4/08/2026 | House | Added Co-Sponsor Rep. Mary Gill |
| 4/08/2026 | House | Added Co-Sponsor Rep. Fred Crespo |
| 4/08/2026 | House | Added Co-Sponsor Rep. William "Will" Davis |
| 4/08/2026 | House | Added Co-Sponsor Rep. Martin McLaughlin |
| 4/08/2026 | House | Added Co-Sponsor Rep. Dennis Tipsword |
| 4/08/2026 | House | Added Co-Sponsor Rep. Brad Halbrook |
| 4/08/2026 | House | Added Co-Sponsor Rep. Jed Davis |
| 4/08/2026 | House | Added Co-Sponsor Rep. Paul Jacobs |
| 4/08/2026 | House | Added Co-Sponsor Rep. Ryan Spain |
| 4/10/2026 | House | Second Reading - Short Debate |
| 4/10/2026 | House | Held on Calendar Order of Second Reading - Short Debate |