Bill Status of HB 3906   103rd General Assembly

Short Description:  PEN CD-SURS-TIER 2 RETIREMENT

House Sponsors
Rep. Katie Stuart

Last Action  View All Actions

DateChamber Action
  1/7/2025HouseSession Sine Die

Statutes Amended In Order of Appearance
40 ILCS 5/15-135from Ch. 108 1/2, par. 15-135
40 ILCS 5/15-198

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 
DateChamber Action
  2/17/2023HouseFiled with the Clerk by Rep. Katie Stuart
  2/17/2023HouseFirst Reading
  2/17/2023HouseReferred to Rules Committee
  2/28/2023HouseAssigned to Personnel & Pensions Committee
  3/10/2023HouseRule 19(a) / Re-referred to Rules Committee
  1/7/2025HouseSession Sine Die

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