Illinois General Assembly - Bill Status for HB1644

Synopsis As Introduced
Amends the General Provisions Article of the Illinois Pension Code. Provides that the retirement annuity or supplemental annuity for a participant, member, or annuitant in any pension fund or retirement system under the Code shall be subject to annual increases equal to the 10-year moving average of the annual unadjusted percentage increase in the consumer price index-u. Provides that the changes apply without regard to whether the participant is in active service on or after the effective date of the amendatory Act. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

Actions

Date	Chamber	Action
2/1/2023	House	Filed with the Clerk by Rep. Blaine Wilhour
2/1/2023	House	First Reading
2/1/2023	House	Referred to Rules Committee
3/16/2023	House	Added Co-Sponsor Rep. Chris Miller

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