Illinois General Assembly - Bill Status for HB2228
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 Bill Status of HB2228  102nd General Assembly


Short Description:  PENCD-REFORM BENEFITS

House Sponsors
Rep. Dwight Kay

Last Action
DateChamber Action
  12/3/2014HouseSession Sine Die

Statutes Amended In Order of Appearance
5 ILCS 315/2from Ch. 48, par. 1602
5 ILCS 315/4from Ch. 48, par. 1604
5 ILCS 315/14from Ch. 48, par. 1614
5 ILCS 315/15from Ch. 48, par. 1615
20 ILCS 3005/7from Ch. 127, par. 417
20 ILCS 3005/8from Ch. 127, par. 418
30 ILCS 105/13from Ch. 127, par. 149
30 ILCS 105/24.12 new
30 ILCS 105/24.13 new
30 ILCS 122/20
30 ILCS 122/25
40 ILCS 5/1-103.3
40 ILCS 5/2-105.1 new
40 ILCS 5/2-105.2 new
40 ILCS 5/2-108from Ch. 108 1/2, par. 2-108
40 ILCS 5/2-119.1from Ch. 108 1/2, par. 2-119.1
40 ILCS 5/2-121.1from Ch. 108 1/2, par. 2-121.1
40 ILCS 5/2-124from Ch. 108 1/2, par. 2-124
40 ILCS 5/2-125from Ch. 108 1/2, par. 2-125
40 ILCS 5/2-126from Ch. 108 1/2, par. 2-126
40 ILCS 5/2-134from Ch. 108 1/2, par. 2-134
40 ILCS 5/2-162
40 ILCS 5/7-109from Ch. 108 1/2, par. 7-109
40 ILCS 5/14-103.10from Ch. 108 1/2, par. 14-103.10
40 ILCS 5/14-103.40 new
40 ILCS 5/14-103.41 new
40 ILCS 5/14-106from Ch. 108 1/2, par. 14-106
40 ILCS 5/14-114from Ch. 108 1/2, par. 14-114
40 ILCS 5/14-131
40 ILCS 5/14-132from Ch. 108 1/2, par. 14-132
40 ILCS 5/14-133from Ch. 108 1/2, par. 14-133
40 ILCS 5/14-135.08from Ch. 108 1/2, par. 14-135.08
40 ILCS 5/14-152.1
40 ILCS 5/15-106from Ch. 108 1/2, par. 15-106
40 ILCS 5/15-107from Ch. 108 1/2, par. 15-107
40 ILCS 5/15-107.1 new
40 ILCS 5/15-107.2 new
40 ILCS 5/15-111from Ch. 108 1/2, par. 15-111
40 ILCS 5/15-113.2from Ch. 108 1/2, par. 15-113.2
40 ILCS 5/15-136from Ch. 108 1/2, par. 15-136
40 ILCS 5/15-155from Ch. 108 1/2, par. 15-155
40 ILCS 5/15-156from Ch. 108 1/2, par. 15-156
40 ILCS 5/15-157from Ch. 108 1/2, par. 15-157
40 ILCS 5/15-165from Ch. 108 1/2, par. 15-165
40 ILCS 5/15-198
40 ILCS 5/16-106from Ch. 108 1/2, par. 16-106
40 ILCS 5/16-106.4 new
40 ILCS 5/16-106.5 new
40 ILCS 5/16-121from Ch. 108 1/2, par. 16-121
40 ILCS 5/16-127from Ch. 108 1/2, par. 16-127
40 ILCS 5/16-133from Ch. 108 1/2, par. 16-133
40 ILCS 5/16-133.1from Ch. 108 1/2, par. 16-133.1
40 ILCS 5/16-152from Ch. 108 1/2, par. 16-152
40 ILCS 5/16-158from Ch. 108 1/2, par. 16-158
40 ILCS 5/16-158.2 new
40 ILCS 5/16-203
40 ILCS 5/18-131from Ch. 108 1/2, par. 18-131
115 ILCS 5/4from Ch. 48, par. 1704
115 ILCS 5/17from Ch. 48, par. 1717
30 ILCS 805/8.37 new


Synopsis As Introduced
Amends the General Provisions, General Assembly, Illinois Municipal Retirement Fund (IMRF), State Employee, State Universities, Downstate Teacher, and Judges Articles of the Illinois Pension Code. In the General Assembly, State Employee, State Universities, and Downstate Teacher Articles: (i) suspends the payment of automatic annual increases to Tier I retirees; (ii) changes the conditions of eligibility for, and the amount of, automatic annual increases for Tier I retirees; (iii) increases required employee contributions for Tier I participants; (iv) limits pensionable salary for Tier I participants; (v) changes the required State contribution so that each system is 100% funded by 2043; and (vi) guarantees certain funding levels. Amends the State Finance Act. To the list of standardized items of appropriation, adds "State retirement contribution for annual normal cost" and "State retirement contribution for unfunded accrued liability". Amends the Governor's Office of Management and Budget Act. Adds those terms to a list of classifications to be used in statements and estimates of expenditures submitted to the Office in connection with the preparation of a State budget. Amends the State Mandates Act to require implementation without reimbursement. Amends the Budget Stabilization Act. Provides for the transfer of certain amounts from the General Revenue Fund to the Pension Stabilization Fund. Makes other changes. Effective immediately.

 Pension Note (Government Forecasting & Accountability)
 HB 2228 is word-for-word identical to the 97th GA’s SB 1673 (H-AM 10). Although SB 1673 (H-AM 9) (97th GA) had a full cost study, SB 1673 (H-AM 10) (97th GA) differs from House Amendment 9 in the following ways: (1) Removal of the proposed Cash-Balance Plan; (2) Removal of the proposed Cost-Shift to school districts and universities; (3) Removal of the proposed Retirement Age Increase; (4) Extension of the COLA freeze. H-AM 9: Sooner of 5 years or age 67; H-AM 10: Later of January 1, 2020 or age 67; (5) SURS’ SMP remains open to new members. Due to the aforementioned changes, the actuarial data reflected in the Commission’s impact note for HB 2228 will have to be revised. An updated impact note will be issued when a revised study becomes available from the retirement systems’ actuaries.

Actions 
DateChamber Action
  2/14/2013HouseFiled with the Clerk by Rep. Dwight Kay
  2/14/2013HouseFirst Reading
  2/14/2013HouseReferred to Rules Committee
  2/25/2013HouseAssigned to Personnel and Pensions Committee
  3/6/2013HousePension Note Filed
  3/22/2013HouseRule 19(a) / Re-referred to Rules Committee
  12/3/2014HouseSession Sine Die

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