Illinois General Assembly - Bill Status for HB3860
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 Bill Status of HB3860  101.th General Assembly


Short Description:  PEN CD-ANNUAL INCREASES

House Sponsors
Rep. Allen Skillicorn - Blaine Wilhour - Amy Grant

Last Action
DateChamber Action
  1/13/2021HouseSession Sine Die

Statutes Amended In Order of Appearance
40 ILCS 5/1-155 new
30 ILCS 805/8.43 new


Synopsis As Introduced
Amends the General Provisions Article of the Illinois Pension Code. Provides that the retirement annuity or supplemental annuity for a participant, member, or annuitant in any pension fund or retirement system under the Code shall be subject to annual increases equal to the annual unadjusted percentage increase in the consumer price index-u for the 12 months ending with the September preceding each November 1. Provides that the changes apply without regard to whether the participant is in active service on or after the effective date of the amendatory Act. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

Actions 
DateChamber Action
  8/2/2019HouseFiled with the Clerk by Rep. Allen Skillicorn
  10/7/2019HouseAdded Chief Co-Sponsor Rep. Blaine Wilhour
  10/17/2019HouseFirst Reading
  10/17/2019HouseReferred to Rules Committee
  10/28/2019HouseAdded Chief Co-Sponsor Rep. Amy Grant
  1/13/2021HouseSession Sine Die

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