Illinois General Assembly - Bill Status for SB0040
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 Bill Status of SB0040  102nd General Assembly

Short Description:  PEN CD-GARS-18-MONTH OPT OUT

Senate Sponsors
Sen. Tim Bivins

Last Action
DateChamber Action
  1/13/2015SenateSession Sine Die

Statutes Amended In Order of Appearance
40 ILCS 5/2-117from Ch. 108 1/2, par. 2-117
40 ILCS 5/2-123from Ch. 108 1/2, par. 2-123

Synopsis As Introduced
Amends the General Assembly Article of the Illinois Pension Code. Provides that a person who is a member on the effective date of the amendatory Act may file a written notice of election not to participate in the General Assembly Retirement System within 24 months from the date of becoming a member or 18 months after the effective date of the amendatory Act, whichever is later. Provides that a person who makes that election shall, upon written request, receive a refund of his or her total contributions, without interest. Effective immediately.

DateChamber Action
  1/16/2013SenateFiled with Secretary by Sen. Tim Bivins
  1/16/2013SenateFirst Reading
  1/16/2013SenateReferred to Assignments
  2/7/2013SenateAssigned to Executive
  2/13/2013SenateTo Subcommittee on Special Issues (EX)
  3/14/2013SenatePostponed - Subcommittee on Special Issues
  3/22/2013SenateRule 3-9(a) / Re-referred to Assignments
  1/13/2015SenateSession Sine Die

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