SMITH,MICHAEL-BOST-STEPHENS-RIGHTER. (LUECHTEFELD-DONAHUE-BRADY,B-DEMUZIO) 40 ILCS 5/15-146 from Ch. 108 1/2, par. 15-146 Amends the State Universities Article of the Illinois Pension Code. Provides for a change in the minimum survivor annuity. Effective immediately. PENSION NOTE (Pension Laws Commission) The System's actuary estimates the cost of HB 2370 to be minor. HOUSE AMENDMENT NO. 1. Adds reference to: 40 ILCS 5/15-145 from Ch. 108 1/2, par. 15-145 40 ILCS 5/15-153.3 from Ch. 108 1/2, par. 15-153.3 Further amends the State Universities Article of the Illinois Pension Code. Changes the initial automatic annual increase in disability benefit from 7%, payable after 4 years, to 0.25% for each full month since the benefit began, payable on the January 1 next following the granting of the benefit. Restores benefits to certain surviving spouses whose pensions were terminated upon remarriage, beginning July 6, 2000. HOUSE AMENDMENT NO. 2. In the provisions restoring annuities that were terminated for remarriage prior to age 55, deletes the reference to age 55. HOUSE AMENDMENT NO. 4. Adds reference to: 40 ILCS 5/15-135 from Ch. 108 1/2, par. 15-135 40 ILCS 5/15-167.3 new Further amends the State Universities Article of the Illinois Pension Code. Provides for a change in the minimum survivor annuity Allows retirement at any age with 30 years of service, beginning in 2002. With respect to the management of the System's assets, encourages the use of emerging investment managers, female-owned businesses, minority-owned businesses, and businesses owned by persons with disabilities. Effective immediately. FEB-23-2001 H FILED WITH CLERK FEB-23-2001 H FIRST READING FEB-23-2001 H REFERRED TO HOUSE RULES COMMITTEE RULES FEB-27-2001 H ASSIGNED TO COMMITTEE PERS PENSION MAR-12-2001 H PENSION NOTE FILED MAR-12-2001 H COMMITTEE PERS PENSION MAR-16-2001 H AMENDMENT NO. 01-PERS PENSION H MAR-16-2001 H ADOPTED MAR-16-2001 H AMENDMENT NO. 02-PERS PENSION H MAR-16-2001 H ADOPTED MAR-16-2001 H DO PASS AMENDED/SHORT DEBATE 011-000-000 HPPN MAR-16-2001 H PLACED CALENDAR 2ND READING-SHORT DEBATE MAR-20-2001 H SECOND READING-SHORT DEBATE MAR-20-2001 H PLCD CAL ORDER 3RD READING-SHORT DEBATE MAR-22-2001 H RECALLED TO SECOND READING-SHORT DEBATE MAR-22-2001 H HELD ON CAL ORDER 2ND RDG - SHORT DEBATE APR-06-2001 H 3RD RDG. DEADLINE EXTENDED-RULE 9(B)- MAY 18, 2001 APR-06-2001 H HELD ON CAL ORDER 2ND RDG - SHORT DEBATE MAY-01-2001 H AMENDMENT NO. 03-MADIGAN,MJ MAY-01-2001 H AMENDMENT REFERRED TO HRUL MAY-01-2001 H HELD ON CAL ORDER 2ND RDG - SHORT DEBATE MAY-02-2001 H AMENDMENT NO. 03-MADIGAN,MJ MAY-02-2001 H RULES REFERS TO HPPN MAY-02-2001 H HELD ON CAL ORDER 2ND RDG - SHORT DEBATE MAY-03-2001 H AMENDMENT NO. 03-MADIGAN,MJ MAY-03-2001 H RECOMMENDS BE ADOPTED HPPN/009-000-000 MAY-03-2001 H HELD ON CAL ORDER 2ND RDG - SHORT DEBATE MAY-16-2001 H AMENDMENT NO. 04-MADIGAN,MJ MAY-16-2001 H AMENDMENT REFERRED TO HRUL MAY-16-2001 H HELD ON CAL ORDER 2ND RDG - SHORT DEBATE MAY-18-2001 H 3RD RDG. DEADLINE EXTENDED-RULE 9(B)- MAY 25, 2001 MAY-18-2001 H HELD ON CAL ORDER 2ND RDG - SHORT DEBATE MAY-21-2001 H AMENDMENT NO. 04-MADIGAN,MJ MAY-21-2001 H RULES REFERS TO HPPN MAY-21-2001 H HELD ON CAL ORDER 2ND RDG - SHORT DEBATE MAY-23-2001 H AMENDMENT NO. 04-MADIGAN,MJ MAY-23-2001 H RECOMMENDS BE ADOPTED HPPN/009-000-000 MAY-23-2001 H HELD ON CAL ORDER 2ND RDG - SHORT DEBATE MAY-24-2001 H AMENDMENT NO. 03-MADIGAN,MJ MAY-24-2001 H WITHDRAWN MAY-24-2001 H AMENDMENT NO. 04-MADIGAN,MJ MAY-24-2001 H ADOPTED MAY-24-2001 H PLCD CAL ORDER 3RD READING-SHORT DEBATE MAY-24-2001 H THIRD READING/SHORT DEBATE/PASSED 115-000-000 MAY-24-2001 H ADDED AS A JOINT SPONSOR BOST MAY-24-2001 H ADDED AS A JOINT SPONSOR STEPHENS MAY-24-2001 H ADDED AS A JOINT SPONSOR RIGHTER MAY-25-2001 S ARRIVE IN SENATE MAY-25-2001 S PLACED CALENDAR ORDER OF FIRST READING 01-05-29 JUN-14-2001 S CHIEF SPONSOR LUECHTEFELD NOV-13-2001 S FIRST READING NOV-13-2001 S REFERRED TO SENATE RULES COMMITTEE RULES APR-17-2002 S ASSIGNED TO COMMITTEE INS & PENS. APR-18-2002 S ADDED AS A CHIEF CO-SPONSOR DONAHUE APR-23-2002 S DO PASS 008-000-000 SINS APR-23-2002 S PLACED ON CALENDAR ORDER OF 2ND READING 02-04-24 APR-25-2002 S SECOND READING APR-25-2002 S PLACED ON CALENDAR ORDER OF 3RD READING 02-05-06 MAY-07-2002 S ADDED AS A CHIEF CO-SPONSOR BRADY,B MAY-08-2002 S ADDED AS A CHIEF CO-SPONSOR DEMUZIO MAY-08-2002 S ADDED AS A CO-SPONSOR HALVORSON MAY-08-2002 S ADDED AS A CO-SPONSOR VIVERITO MAY-08-2002 S ADDED AS A CO-SPONSOR O'DANIEL MAY-08-2002 S ADDED AS A CO-SPONSOR LIGHTFORD MAY-08-2002 S THIRD READING - PASSED 056-000-000 MAY-08-2002 H PASSED BOTH HOUSES JUN-06-2002 H SENT TO THE GOVERNOR AUG-02-2002 H GOVERNOR APPROVED AUG-02-2002 H EFFECTIVE DATE 02-08-02 AUG-02-2002 H PUBLIC ACT.............................. 92-0749 END OF INQUIRY Full Text Bill Summary