Bill Status of HB5156  95th General Assembly

Short Description:  PEN CD-ART. 3-GLEN CARBON

House Sponsors
Rep. Jay C. Hoffman

Last Action
DateChamber Action
  1/13/2009HouseSession Sine Die

Statutes Amended In Order of Appearance
40 ILCS 5/3-109from Ch. 108 1/2, par. 3-109
30 ILCS 805/8.32 new

Synopsis As Introduced
Amends the Downstate Police Article of the Illinois Pension Code. Allows a person employed by the Village of Glen Carbon who is otherwise qualified to participate under the Article and was excluded from participation by reason of his or her failure to make written application to the Board to participate and to establish creditable service for periods of employment as a police officer during which he or she did not participate. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

 Pension Note (Government Forecasting & Accountability)
 According to the Public Pension Division of the Illinois Department of Financial and Professional Regulation, the Glen Carbon police pension fund had a funding ratio of 65.7% as of March 6, 2008. HB 5156 should not have any fiscal impact on the pension fund.

House Committee Amendment No. 1
Replaces everything after the enacting clause with the introduced bill with the following changes. Requires payment of employer contributions. Provides that the required interest is at the actuarially assumed interest rate rather than at 6% per annum. Effective immediately.

 Fiscal Note, House Committee Amendment No. 1 (Financial & Professional Regulation)
 HB 5156 (H-AM 1) has no projected fiscal impact to the Illinois Department of Financial and Professional Regulation.

DateChamber Action
  2/14/2008HouseFiled with the Clerk by Rep. Jay C. Hoffman
  2/14/2008HouseFirst Reading
  2/14/2008HouseReferred to Rules Committee
  3/3/2008HouseAssigned to Personnel and Pensions Committee
  3/12/2008HousePension Note Filed
  3/13/2008HouseHouse Committee Amendment No. 1 Filed with Clerk by Personnel and Pensions Committee
  3/13/2008HouseHouse Committee Amendment No. 1 Adopted in Personnel and Pensions Committee; by Voice Vote
  3/13/2008HouseDo Pass as Amended / Short Debate Personnel and Pensions Committee; 005-000-000
  3/13/2008HousePlaced on Calendar 2nd Reading - Short Debate
  4/1/2008HouseHouse Committee Amendment No. 1 Fiscal Note Requested as Amended by Rep. Rich Brauer
  4/3/2008HouseHouse Committee Amendment No. 1 Fiscal Note Filed as Amended
  4/18/2008HouseFinal Action Deadline Extended-9(b) May 9, 2008
  5/9/2008HouseFinal Action Deadline Extended-9(b) May 23, 2008
  5/23/2008HouseFinal Action Deadline Extended-9(b) May 31, 2008
  5/29/2008HouseSecond Reading - Short Debate
  5/29/2008HouseHeld on Calendar Order of Second Reading - Short Debate
  5/31/2008HouseRule 19(a) / Re-referred to Rules Committee
  1/13/2009HouseSession Sine Die