90th General Assembly
Summary of HB3814
   [ Home ]   [ Back ]   [ Legislation ]
Legislation:  
Please enter a bill number.



 Full Text  Bill Status
House Sponsors:
MADIGAN,MJ-MURPHY AND BOLAND.

Senate Sponsors:
MAITLAND

Short description: 
PEN CD-CROSS REFERENCE                                                     

Synopsis of Bill as introduced:
        Amends the Illinois Pension Code.  Corrects an error in  a  cross      
   reference.  Effective immediately.                                          
          PENSION NOTE                                                         
          No fiscal impact.                                                    
          STATE MANDATES FISCAL NOTE                                           
          HB 3814 fails to create a state mandate.                             
        SENATE AMENDMENT NO. 2.                                                
          Deletes reference to:                                                
          40 ILCS 5/2-120                 from Ch. 108 1/2, par. 2-120         
          Adds reference to:                                                   
          40 ILCS 5/1-115                 from Ch. 108 1/2, par. 1-115         
          40 ILCS 5/15-111                from Ch. 108 1/2, par. 15-111        
          40 ILCS 5/15-136                from Ch. 108 1/2, par. 15-136        
          40 ILCS 5/15-136.4                                                   
          40 ILCS 5/15-139                from Ch. 108 1/2, par. 15-139        
          40 ILCS 5/15-158.2                                                   
          40 ILCS 5/15-186.1              from Ch. 108 1/2, par. 15-186.1      
          40 ILCS 5/20-121                from Ch. 108 1/2, par. 20-121        
          40 ILCS 5/20-123                from Ch. 108 1/2, par. 20-123        
          40 ILCS 5/20-124                from Ch. 108 1/2, par. 20-124        
          40 ILCS 5/20-125                from Ch. 108 1/2, par. 20-125        
          40 ILCS 5/20-131                from Ch. 108 1/2, par. 20-131        
        Replaces everything.  Amends the General  Provisions  Article  of      
   the  Pension Code.  Provides that if a court determines that an action      
   brought against a pension fund or retirement system  is  frivolous  or      
   was  brought  in  bad  faith,  the court may award attorneys' fees and      
   costs.  Amends the State Universities Article  of  the  Pension  Code.      
   Specifies  the  conditions  under  which  certain  transition  pay  is      
   included    as   earnings  for  pension  purposes.   Applies  only  to      
   transition pay paid by the University of Illinois to a person who  was      
   a  participating  employee  employed  in  the  fire  department of the      
   University of Illinois's Champaign-Urbana campus immediately prior  to      
   the elimination of that fire department.  Specifies that the amount of      
   a retirement annuity calculated under Rule 2 shall not be based on any      
   contribution  for  early retirement under Section 15-136.2, nor on any      
   other employer contribution.  Declares that the Board's interpretation      
   of Rule 2 to that effect  is  within  the  scope  of  its  discretion.      
   Amends   the  Illinois  Pension  Code  in  relation  to  the  optional      
   retirement plans offered by the State Universities Retirement  System.      
   Changes the way in which the Retirement Systems Reciprocal Act applies      
   to  participants  in  the  self-managed  plan and the portable benefit      
   package.  Makes  other  changes.      Deletes  language  reducing  the      
   retirement  annuity  of a person who retires before age 60 and returns      
   to employment under Article 14 or 16 of the Code.   In relation to the      
   recalculation of a benefit mistakenly  set  at  an  incorrect  amount,      
   provides  that  a  benefit  that was calculated in accordance with the      
   System's administrative interpretation of the Code  at  the  time  the      
   benefit was calculated shall not be deemed to have been mistakenly set      
   at  an  incorrect  amount  on the sole basis of an adverse ruling in a      
   lawsuit brought to challenge that interpretation,  unless  the  person      
   eligible  to receive the benefit was a party to the lawsuit or, in the      
   case of a class action, a member of the certified class, at  the  time      
   of the adverse ruling.  Effective immediately.                              
        SENATE AMENDMENT NO. 3.                                                
          Deletes reference to:                                                
          40 ILCS 5/1-115                 from Ch. 108 1/2, par. 1-115         
          40 ILCS 5/15-136                from Ch. 108 1/2, par. 15-136        
          40 ILCS 5/15-186.1              from Ch. 108 1/2, par. 15-186.1      
        Deletes the provisions relating to (i) the  award  of  attorneys'      
   fees  and costs, (ii) the interpretation of Rule 2, and (iii) benefits      
   paid by mistake.                                                            
 
Last action on Bill: SESSION SINE DIE

   Last action date: 99-01-12

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   2


   END OF INQUIRY 
                                                                               



 Full Text  Bill Status