Illinois General Assembly - Bill Status for SB3807
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 Bill Status of SB3807  101.th General Assembly


Short Description:  PEN CD-IMRF-VARIOUS

Senate Sponsors
Sen. Robert F. Martwick

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

Statutes Amended In Order of Appearance
40 ILCS 5/7-168from Ch. 108 1/2, par. 7-168
40 ILCS 5/7-173from Ch. 108 1/2, par. 7-173
30 ILCS 805/8.44 new


Synopsis As Introduced
Amends the Illinois Municipal Retirement Fund (IMRF) Article of the Illinois Pension Code. Provides that the amount of the separation benefit shall include interest credited to the end of the preceding calendar year for contributions made under provisions authorizing employees to make additional contributions for retirement annuity purposes, to the extent permitted by the Internal Revenue Code of 1986. Provides that employees who first participate in the Fund on or after 6 months after the effective date of the amendatory Act shall automatically contribute 3% of each payment of earnings as additional contributions for retirement annuity purposes beginning immediately upon enrollment in the Fund as a participating employee. Provides that employees may change such contributions to an amount not to exceed 10% of each payment of earnings at any time by written notice to the Board. Provides that the Board may limit the number of withdrawals of those additional contributions to an amount not less than once per calendar year and to charge an administrative fee to cover the costs of processing such withdrawals. Amends the State Mandates Act to require implementation without reimbursement. Effective January 1, 2021.

Actions 
DateChamber Action
  2/14/2020SenateFiled with Secretary by Sen. Robert F. Martwick
  2/14/2020SenateFirst Reading
  2/14/2020SenateReferred to Assignments
  3/12/2020SenateAssigned to Government Accountability and Ethics
  3/18/2020SenateRule 2-10 Committee Deadline Established As April 2, 2020
  3/25/2020SenateRule 2-10 Committee Deadline Established As April 24, 2020
  3/25/2020SenateRule 2-10 Third Reading/Passage Deadline Established As May 7, 2020
  4/12/2020SenatePursuant to Senate Rule 3-9(b) / Referred to Assignments
  4/16/2020SenateRule 2-10 Committee Deadline Established As April 30, 2020
  4/23/2020SenateRule 2-10 Committee Deadline Established As May 7, 2020
  4/23/2020SenateRule 2-10 Third Reading/Passage Deadline Established As May 15, 2020
  4/30/2020SenateRule 2-10 Committee Deadline Established As May 15, 2020
  4/30/2020SenateRule 2-10 Third Reading/Passage Deadline Established As May 22, 2020
  5/7/2020SenateRule 2-10 Committee Deadline Established As May 22, 2020
  5/7/2020SenateRule 2-10 Third Reading/Passage Deadline Established As May 29, 2020
  5/15/2020SenateRule 2-10 Committee/3rd Reading Deadline Established As May 31, 2020
  1/13/2021SenateSession Sine Die

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