Illinois General Assembly - Bill Status for HB 166

Replaces everything after the enacting clause. Amends the General Provisions, Chicago Laborers, and Chicago Municipal Articles of the Illinois Pension Code. Changes the way a person who first becomes a member or a participant under the Chicago Laborers Article or Chicago Municipal Article on or after the effective date of Public Act 100-23 is referenced in provisions concerning new hires. Makes related changes. Changes the way a Tier 2 employee that made a specified election is referred to in these Articles. In provisions of the Chicago Laborers and Chicago Municipal Articles concerning employee contributions, provides that beginning July 6, 2017, the fund under each Article shall credit sums equal to 6% of each payment of an employee's salary for annuity purposes. Provides that the amounts credited for annuity purposes shall not be credited for refund purposes. Makes related changes. Provides that for the one-year period beginning with the first pay period in January of each year (rather than on or) after the date when the funded ratio of the fund as determined in the annual actuarial valuation is first determined to have reached the 90% funding goal, and each subsequent one-year period (rather than pay period) thereafter for as long as the fund maintains a funding ratio of 75% or more, employee contributions for age and service annuity for each employee who first became a member or participant under the Chicago Laborers Article or Chicago Municipal Article on or after the effective date of Public Act 100-23 or a Tier 2 employee that made a specified election shall be 5.5% of each payment of salary. Amends the Chicago Laborers Article. Provides that an annuitant who directs the retirement board to pay the annuity due him or her to a financial institution shall hold the board and the fund harmless from any claim or loss related to any error as to whether the financial institution is or continues to be federally insured. Deletes language providing that the board may also, in the case of any disability beneficiary or annuitant for whom no estate guardian has been appointed and who is confined in a publicly owned and operated mental institution, pay such disability benefit or annuity due such person to the superintendent or other head of such institution or hospital for deposit to such person's trust fund account maintained for him or her by such institution or hospital, if by law such trust fund accounts are authorized or recognized. Makes other changes. Effective immediately.

Date	Chamber	Action
1/4/2019	House	Public Act . . . . . . . . . 100-1166

Date	Chamber	Action
12/5/2016	House	Prefiled with Clerk by Rep. Michael J. Madigan
1/11/2017	House	First Reading
1/11/2017	House	Referred to Rules Committee
1/25/2017	House	Assigned to Executive Committee
2/8/2017	House	Do Pass / Short Debate Executive Committee; 007-003-000
2/8/2017	House	Placed on Calendar 2nd Reading - Short Debate **
2/16/2017	House	Second Reading - Short Debate
2/16/2017	House	Held on Calendar Order of Second Reading - Short Debate **
4/28/2017	House	Rule 19(a) / Re-referred to Rules Committee
11/7/2018	House	Approved for Consideration Rules Committee; 003-000-000
11/7/2018	House	Placed on Calendar 2nd Reading - Short Debate
11/9/2018	House	House Floor Amendment No. 1 Filed with Clerk by Rep. Michael J. Zalewski
11/9/2018	House	House Floor Amendment No. 1 Referred to Rules Committee
11/9/2018	House	House Floor Amendment No. 1 Recommends Be Adopted Rules Committee; 004-000-000
11/9/2018	House	Chief Sponsor Changed to Rep. Michael J. Zalewski
11/14/2018	House	House Floor Amendment No. 1 Adopted
11/14/2018	House	Placed on Calendar Order of 3rd Reading - Short Debate
11/14/2018	House	3/5 Vote Required
11/14/2018	House	Third Reading - Short Debate - Passed 108-000-000
11/14/2018	Senate	Arrive in Senate
11/14/2018	Senate	Placed on Calendar Order of First Reading
11/14/2018	Senate	Chief Senate Sponsor Sen. John J. Cullerton
11/14/2018	Senate	First Reading
11/14/2018	Senate	Referred to Assignments
11/15/2018	Senate	Alternate Chief Sponsor Changed to Sen. John G. Mulroe
11/20/2018	Senate	Assigned to Licensed Activities and Pensions
11/27/2018	Senate	Do Pass Licensed Activities and Pensions; 011-000-000
11/27/2018	Senate	Placed on Calendar Order of 2nd Reading
11/27/2018	Senate	Second Reading
11/27/2018	Senate	Placed on Calendar Order of 3rd Reading November 28, 2018
11/28/2018	Senate	3/5 Vote Required
11/28/2018	Senate	Third Reading - Passed; 049-001-000
11/28/2018	House	Passed Both Houses
12/11/2018	House	Sent to the Governor
1/4/2019	House	Governor Approved
1/4/2019	House	Effective Date January 4, 2019
1/4/2019	House	Public Act . . . . . . . . . 100-1166

	Deletes reference to:
	40 ILCS 5/1-110

	Adds reference to:
	40 ILCS 5/1-160