Illinois General Assembly - Bill Status for HB2901

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Bill Status of HB2901 101st General Assembly

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Short Description: PEN CD-TIER 2 STATE POLICE

House Sponsors
Rep. Jay Hoffman

Last Action

Date	Chamber	Action
1/13/2021	House	Session Sine Die

Statutes Amended In Order of Appearance

40 ILCS 5/1-160

40 ILCS 5/14-152.1

Synopsis As Introduced
Amends the General Provisions Article of the Illinois Pension Code. Provides that a State policeman who meets the requirements of the Tier 2 provisions is entitled to an annuity calculated under the alternative retirement annuity provisions of the State Employee Article of the Code in lieu of the regular or minimum retirement annuity only if the person has withdrawn from service with not less than 20 years of eligible creditable service and has attained age 50 (instead of age 60), regardless of whether the attainment of age 50 (instead of age 60) occurs while the person is still in service. Provides that the changes made by the amendatory Act apply without regard to whether a person is in active service on or after the effective date of the amendatory Act. Excludes a benefit increase resulting from the amendatory Act from the definition of "new benefit increase". Effective immediately.

Actions

Date	Chamber	Action
2/14/2019	House	Filed with the Clerk by Rep. Jay Hoffman
2/14/2019	House	First Reading
2/14/2019	House	Referred to Rules Committee
2/26/2019	House	Assigned to Personnel & Pensions Committee
3/6/2019	House	To Administrative and Substantive Pension Subcommittee
3/29/2019	House	Rule 19(a) / Re-referred to Rules Committee
1/13/2021	House	Session Sine Die

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