Bill Status of SB 1704   93rd General Assembly

Short Description:  PEN CD-TECH

Senate Sponsors
Sen. Denny Jacobs-Emil Jones, Jr.-Mattie Hunter-Jacqueline Y. Collins and James A. DeLeo

House Sponsors
(Rep. Ralph C. Capparelli-Robert S. Molaro-Monique D. Davis, Joseph M. Lyons, Richard T. Bradley, Edward J. Acevedo, Maria Antonia Berrios, Susana Mendoza, Daniel J. Burke and Michael P. McAuliffe)


Last Action  View All Actions

DateChamber Action
  1/11/2005SenateSession Sine Die

Statutes Amended In Order of Appearance
40 ILCS 5/1-105from Ch. 108 1/2, par. 1-105

Synopsis As Introduced
Amends the Illinois Pension Code. Makes a technical change to a Section concerning partial invalidity.

 Pension Note (Pension Laws Commission)
 SB 1704 has no fiscal impact.

House Amendment No. 1
Deletes reference to:
40 ILCS 5/1-105
Adds reference to:
40 ILCS 5/5-129.1
40 ILCS 5/5-132from Ch. 108 1/2, par. 5-132
40 ILCS 5/5-167.2from Ch. 108 1/2, par. 5-167.2
40 ILCS 5/5-167.4from Ch. 108 1/2, par. 5-167.4
40 ILCS 5/5-168from Ch. 108 1/2, par. 5-168
40 ILCS 5/6-111from Ch. 108 1/2, par. 6-111
40 ILCS 5/6-124.1 new
40 ILCS 5/6-128from Ch. 108 1/2, par. 6-128
40 ILCS 5/6-128.2from Ch. 108 1/2, par. 6-128.2
40 ILCS 5/6-128.4from Ch. 108 1/2, par. 6-128.4
40 ILCS 5/6-141.2 new
40 ILCS 5/6-142from Ch. 108 1/2, par. 6-142
40 ILCS 5/6-143from Ch. 108 1/2, par. 6-143
40 ILCS 5/6-151.1from Ch. 108 1/2, par. 6-151.1
40 ILCS 5/6-160from Ch. 108 1/2, par. 6-160
40 ILCS 5/6-164from Ch. 108 1/2, par. 6-164
40 ILCS 5/6-165from Ch. 108 1/2, par. 6-165
40 ILCS 5/6-210.1from Ch. 108 1/2, par. 6-210.1
40 ILCS 5/6-210.2 new
40 ILCS 5/6-210.3 new
40 ILCS 5/6-211from Ch. 108 1/2, par. 6-211
40 ILCS 5/6-222from Ch. 108 1/2, par. 6-222
40 ILCS 5/8-137from Ch. 108 1/2, par. 8-137
40 ILCS 5/8-138.4 new
40 ILCS 5/8-138.5 new
40 ILCS 5/8-150.1from Ch. 108 1/2, par. 8-150.1
40 ILCS 5/8-167from Ch. 108 1/2, par. 8-167
40 ILCS 5/8-172from Ch. 108 1/2, par. 8-172
40 ILCS 5/8-172.1 new
40 ILCS 5/8-174from Ch. 108 1/2, par. 8-174
40 ILCS 5/8-174.1from Ch. 108 1/2, par. 8-174.1
40 ILCS 5/8-192from Ch. 108 1/2, par. 8-192
40 ILCS 5/11-133.3 new
40 ILCS 5/11-133.4 new
40 ILCS 5/11-134.1from Ch. 108 1/2, par. 11-134.1
40 ILCS 5/11-145.1from Ch. 108 1/2, par. 11-145.1
40 ILCS 5/11-163from Ch. 108 1/2, par. 11-163
40 ILCS 5/11-167from Ch. 108 1/2, par. 11-167
40 ILCS 5/11-170.1from Ch. 108 1/2, par. 11-170.1
40 ILCS 5/11-178from Ch. 108 1/2, par. 11-178
40 ILCS 5/11-181from Ch. 108 1/2, par. 11-181
40 ILCS 5/12-133from Ch. 108 1/2, par. 12-133
40 ILCS 5/12-133.6 new
40 ILCS 5/12-133.7 new
40 ILCS 5/12-149from Ch. 108 1/2, par. 12-149
30 ILCS 805/8.27 new

Amends the Chicago Police, Chicago Firefighter, Chicago Municipal, Chicago Laborers, and Chicago Park District Articles of the Illinois Pension Code. Makes changes concerning participation, eligibility, benefits, and the administration of benefits. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

 Pension Note (HA-1) (Pension Laws Commission)
 Fiscal impact to Chicago Firefighter's Pension Fund is $146.6 million in accrued liability, total annual cost of $16.0 million and a decrease in city funding by $23.1 million over the next 10 years, with a reduction of $4.2 million in 2004. Fiscal impact to Chicago Police Pension Fund would be very minor. The bill does decrease city funding by $23.1 million over the next 10 years, with a reduction of $4.2 million in 2004. Fiscal impact to Chicago Municipal Employees Pension Fund is $247.1 million in accrued liability. This addition would reduce the funded ratio by approximately 2.67%. The fund currently has a funded ratio of 84.5%. The other provisions would have a minor impact. Fiscal impact to Chicago Laborers' Pension Fund is $30.5 million in accrued liability. This addition would reduce the funded ratio by approximately 2.15%. The fund currently has a funded ration of 111.3%. The other provisions would have a minor impact. Fiscal impact to Chicago Park District Employees' Pension Fund is $32.1 million in accrued liability resulting in a decrease in the funded ratio from 94.0% to 89.8%. The corresponding increase in total annual cost is $4.7 million or 4.56% of payroll. It should be noted, that even though annual costs would increase by $4.7 million, actual employer contributions to the fund would actually decrease by $5 million annually for the next 2 years.

Actions 
DateChamber Action
  2/20/2003SenateFiled with Secretary by Sen. Denny Jacobs
  2/20/2003SenateChief Co-Sponsor Sen. Emil Jones, Jr.
  2/20/2003SenateFirst Reading
  2/20/2003SenateReferred to Rules
  2/28/2003SenatePension Note Filed As Introduced
  3/5/2003SenateAssigned to Executive
  3/13/2003SenateDo Pass Executive; 008-005-000
  3/13/2003SenatePlaced on Calendar Order of 2nd Reading March 18, 2003
  3/18/2003SenateSecond Reading
  3/18/2003SenatePlaced on Calendar Order of 3rd Reading ** March 19, 2003
  3/27/2003SenateVerified
  3/27/2003SenateThird Reading - Passed; 032-016-002
  3/27/2003HouseArrived in House
  3/27/2003HousePlaced on Calendar Order of First Reading
  3/27/2003HouseChief House Sponsor Rep. Michael J. Madigan
  3/27/2003HouseFirst Reading
  3/27/2003HouseReferred to Rules Committee
  3/31/2003HouseAssigned to Executive Committee
  5/2/2003HouseRule 19(a) / Re-referred to Rules Committee
  5/14/2003HouseAssigned to Executive Committee
  5/14/2003HouseCommittee/3rd Reading Deadline Extended-Rule 19(a); May 31, 2003
  5/29/2003HouseDo Pass / Short Debate Executive Committee; 007-005-000
  5/29/2003HousePlaced on Calendar 2nd Reading - Short Debate **
  5/29/2003HouseSecond Reading - Short Debate
  5/29/2003HouseHeld on Calendar Order of Second Reading - Short Debate **
  6/1/2003HouseRule 19(a) / Re-referred to Rules Committee
  10/28/2003HouseApproved for Consideration Rules Committee; 004-000-000
  10/28/2003HousePlaced on Calendar 2nd Reading - Short Debate
  11/19/2003HouseHouse Amendment No. 1 Filed with Clerk by Rep. Ralph C. Capparelli
  11/19/2003HouseHouse Amendment No. 1 Referred to Rules Committee
  11/19/2003HouseHouse Amendment No. 1 Rules Refers to Personnel and Pensions Committee
  11/19/2003HouseHouse Amendment No. 1 Recommends Be Adopted Personnel and Pensions Committee; 008-000-000
  11/19/2003HouseAdded Alternate Chief Co-Sponsor Rep. Monique D. Davis
  11/19/2003HouseAdded Alternate Chief Co-Sponsor Rep. Robert S. Molaro
  11/19/2003HouseSecond Reading - Short Debate
  11/19/2003HouseHouse Amendment No. 1 Adopted by Voice Vote
  11/19/2003HouseHeld on Calendar Order of Second Reading - Short Debate
  11/19/2003HouseAdded Alternate Co-Sponsor Rep. Joseph M. Lyons
  11/19/2003HouseAdded Alternate Co-Sponsor Rep. John E. Bradley
  11/19/2003HouseAdded Alternate Co-Sponsor Rep. Edward J. Acevedo
  11/19/2003HouseAdded Alternate Co-Sponsor Rep. Maria Antonia Berrios
  11/19/2003HouseAdded Alternate Co-Sponsor Rep. Susana Mendoza
  11/19/2003HouseAdded Alternate Co-Sponsor Rep. Daniel J. Burke
  11/19/2003HouseAdded Alternate Co-Sponsor Rep. Michael P. McAuliffe
  11/19/2003HousePension Note Filed as amended by HA #1
  11/19/2003HousePlaced on Calendar Order of 3rd Reading - Short Debate
  11/19/2003House3/5 Vote Required
  11/19/2003HousePlaced on Calendar - Consideration Postponed
  11/19/2003House3/5 Vote Required
  11/19/2003HouseThird Reading - Short Debate - Passed 097-018-000
  11/19/2003HouseMotion Lost Reconsider Vote 031-081-000
  11/19/2003SenateSecretary's Desk - Concurrence House Amendment(s) 01
  11/19/2003SenatePlaced on Calendar Order of Concurrence House Amendment(s) 01 - November 20 ,2003
  11/19/2003SenateHouse Amendment No. 1 Motion to Concur Filed with Secretary Sen. Denny Jacobs
  11/19/2003SenateHouse Amendment No. 1 Motion to Concur Referred to Rules
  11/19/2003SenateHouse Amendment No. 1 Motion to Concur Rules Referred to Insurance & Pensions
  11/19/2003SenateAdded as Chief Co-Sponsor Sen. Mattie Hunter
  11/20/2003HouseAlternate Chief Sponsor Changed to Rep. Ralph C. Capparelli
  11/20/2003SenateAdded as Chief Co-Sponsor Sen. Jacqueline Y. Collins
  11/20/2003SenateHouse Amendment No. 1 Motion to Concur Be Adopted Insurance & Pensions; 006-000-004
  11/20/2003SenateAdded as Co-Sponsor Sen. James A. DeLeo
  11/20/2003SenateHouse Amendment No. 1 Motion to Concur - Consideration Postponed.
  11/20/2003SenatePlaced on Calendar - Consideration Postponed November 21, 2003
  11/21/2003Senate3/5 Vote Required
  11/21/2003SenateHouse Amendment No. 1 Motion to Concur Lost 028-018-003
  11/21/2003SenatePlaced on Calendar Order of Concurrence House Amendment(s) 01
  12/22/2003SenatePursuant to Senate Rule 3-9(b) / Referred to Rules
  1/11/2005SenateSession Sine Die

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