House Sponsors: MURPHY-CAPPARELLI-GIGLIO-LANG-SAVIANO, SCOTT, BRADY, MCAULIFFE AND FANTIN. Senate Sponsors: O'MALLEY Short description: PEN CD-COOK COUNTY-POPULATION Synopsis of Bill as introduced: Amends the Cook County Article of the Pension Code. Changes the population limit for establishing a pension fund under that Article from 500,000 to 3,000,000. Effective immediately. PENSION NOTE HB2047 has no fiscal impact. HOUSE AMENDMENT NO. 1. Adds reference to: 40 ILCS 5/5-167.5 from Ch. 108 1/2, par. 5-167.5 40 ILCS 5/6-164.2 from Ch. 108 1/2, par. 6-164.2 40 ILCS 5/7-141.1 40 ILCS 5/8-138 from Ch. 108 1/2, par. 8-138 40 ILCS 5/8-150.1 from Ch. 108 1/2, par. 8-150.1 40 ILCS 5/8-159 from Ch. 108 1/2, par. 8-159 40 ILCS 5/8-164.1 from Ch. 108 1/2, par. 8-164.1 40 ILCS 5/9-120.1 new 40 ILCS 5/9-133 from Ch. 108 1/2, par. 9-133 40 ILCS 5/9-133.1 from Ch. 108 1/2, par. 9-133.1 40 ILCS 5/9-146.2 new 40 ILCS 5/9-179.3 from Ch. 108 1/2, par. 9-179.3 40 ILCS 5/11-134 from Ch. 108 1/2, par. 11-134 40 ILCS 5/11-145.1 from Ch. 108 1/2, par. 11-145.1 40 ILCS 5/11-154 from Ch. 108 1/2, par. 11-154 40 ILCS 5/11-160.1 from Ch. 108 1/2, par. 11-160.1 30 ILCS 805/8.21 new Further amends the Illinois Pension Code. In the Chicago Police, Firefighter, Municipal, and Laborer Articles, extends the annuitant health insurance plan through December 31, 2002. Makes numerous changes relating to participation in and financing of the plan. In the Chicago Municipal and Laborer Articles, increases the minimum retirement annuity. Provides for retirement at age 50 with 30 years of service. Eliminates the age discount for employees who retire at age 55 with 25 years of service. Increases the minimum widow's annuity and allows certain widows to elect to receive 50% of the deceased employee's retirement annuity instead of a widow's annuity. Increases the child's annuity and removes the combined family maximum for certain persons currently eligible for child's annuities. In the Illinois Municipal Retirement Fund Article, makes the early retirement program available to employees of municipalities. In the Cook County Article, changes the population limit for establishing a pension fund under that Article from 500,000 to 3,000,000. Compounds the automatic annual increase for retirement annuitants and provides a 3% noncompounded annual increase for surviving spouses. Extends the expiration of the program of optional contributions until July 1, 2002. Allows certain persons employed by the Chicago Transit Authority to participate in the Cook County pension fund. Allows these persons to have their Cook County benefits based on their CTA salaries; to purchase Cook County credit for their past CTA service without paying any employer contribution or interest; and to buy up to 4 additional years of Cook County credit for active or reserve military service. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately. HOUSE AMENDMENT NO. 2. Adds reference to: 40 ILCS 5/3-110.6 from Ch. 108 1/2, par. 3-110.6 40 ILCS 5/4-109.1 from Ch. 108 1/2, par. 4-109.1 40 ILCS 5/4-115.1 from Ch. 108 1/2, par. 4-115.1 40 ILCS 5/7-139.8 from Ch. 108 1/2, par. 7-139.8 40 ILCS 5/14-104 from Ch. 108 1/2, par. 14-104 40 ILCS 5/14-104.10 new 40 ILCS 5/14-110 from Ch. 108 1/2, par. 14-110 40 ILCS 5/15-157 from Ch. 108 1/2, par. 15-157 40 ILCS 5/15-157.1 from Ch. 108 1/2, par. 15-157.1 40 ILCS 5/16-127 from Ch. 108 1/2, par. 16-127 40 ILCS 5/16-141 from Ch. 108 1/2, par. 16-141 Amends the Downstate Firefighter Article of the Pension Code. Provides an annual increase in the benefit for dependent children of firefighters receiving duty or occupational disability benefits. Preserves benefits for a firefighter's child who is adopted by another person after the death of the firefighter. Amends the State Employee Article. Authorizes purchase of service credit for periods of authorized leave of absence not exceeding one year. Requires the applicant to pay both employee and employer contributions plus interest. Allows State employees to establish service credit for up to 5 years of certain federal employment. Allows controlled substance inspectors to establish up to 12 years of eligible creditable service for periods spent as a law enforcement officer employed by the federal government or any state, county, or local government. Also allows controlled substance inspectors to transfer credits from downstate police pension funds and the Illinois Municipal Retirement Fund to the State Employees' Retirement System. Amends the State Universities Article. Authorizes participating employees to make contributions for the purchase of service credit. Authorizes pickup of optional contributions by the employer for federal tax purposes. Amends the Downstate Teacher Article. Allows credit to be established for certain periods during which a current or former teacher ceased employment for the purpose of adopting an infant or caring for a newly adopted infant. Accelerates the payment of a survivor's benefit for certain surviving spouses between ages 50 and 55. Last action on Bill: SESSION SINE DIE Last action date: 99-01-12 Location: House Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 2 SENATE - 0 END OF INQUIRY Full Text Bill Status