Bill Status of HB2332  104th General Assembly

Short Description:  PEN CD-SURS-TIER 2 RETIREMENT

House Sponsors
Rep. Rick Ryan - Katie Stuart - Stephanie A. Kifowit, Gregg Johnson, Sharon Chung, Mary Gill and Camille Y. Lilly

Last Action
DateChamber Action
  4/11/2025HouseRule 19(a) / Re-referred to Rules Committee

Statutes Amended In Order of Appearance
40 ILCS 5/15-135from Ch. 108 1/2, par. 15-135
40 ILCS 5/15-198


Synopsis As Introduced
Amends the State Universities Article of the Illinois Pension Code. Provides that a Tier 2 member who has at least 20 years of service in this system as a police officer or firefighter is entitled to a retirement annuity upon written application on or after the attainment of age 55 (instead of age 60) if a specified rule is applicable to the participant. Provides that the changes apply retroactively to January 1, 2011. Provides that any benefit increase that results from the amendatory Act is excluded from the definition of "new benefit increase".

Actions 
DateChamber Action
  1/30/2025HouseFiled with the Clerk by Rep. Katie Stuart
  1/30/2025HouseChief Sponsor Changed to Rep. Rick Ryan
  2/4/2025HouseFirst Reading
  2/4/2025HouseReferred to Rules Committee
  2/25/2025HouseAssigned to Appropriations-Pensions & Personnel
  3/5/2025HouseDo Pass / Short Debate Appropriations-Pensions & Personnel; 010-001-000
  3/5/2025HousePlaced on Calendar 2nd Reading - Short Debate
  3/12/2025HouseFiscal Note Requested by Rep. Steven Reick
  3/18/2025HouseAdded Chief Co-Sponsor Rep. Stephanie A. Kifowit
  3/25/2025HouseAdded Chief Co-Sponsor Rep. Katie Stuart
  3/26/2025HouseSecond Reading - Short Debate
  3/26/2025HouseHeld on Calendar Order of Second Reading - Short Debate
  4/7/2025HouseAdded Co-Sponsor Rep. Gregg Johnson
  4/7/2025HouseAdded Co-Sponsor Rep. Sharon Chung
  4/7/2025HouseAdded Co-Sponsor Rep. Mary Gill
  4/10/2025HouseAdded Co-Sponsor Rep. Camille Y. Lilly
  4/11/2025HouseRule 19(a) / Re-referred to Rules Committee