101ST GENERAL ASSEMBLY
State of Illinois
2019 and 2020
HB3235
 
Introduced , by Rep. Grant Wehrli
 
SYNOPSIS AS INTRODUCED:
 


40 ILCS 5/2-101  from Ch. 108 1/2, par. 2-101
40 ILCS 5/2-105  from Ch. 108 1/2, par. 2-105

    Amends the General Assembly Article of the Illinois Pension Code. Restricts participation in the General Assembly Retirement System by members of the General Assembly to persons who become participants before the effective date of the amendatory Act and provides that, beginning on that date, the System shall not accept any new participants  who are members of the General Assembly. Makes related changes. Effective immediately.



LRB101 10670 RPS 55779 b

FISCAL NOTE ACT MAY APPLY
PENSION IMPACT NOTE ACT MAY APPLY
 
 
A BILL FOR
 


HB3235LRB101 10670 RPS 55779 b



1    AN ACT concerning public employee benefits.

 
2    Be it enacted by the People of the State of Illinois,
 
3represented in the General Assembly:



 
4    Section 5. The Illinois Pension Code is amended by changing 
5Sections
2-101 and 2-105 as follows:



 
6    (40 ILCS 5/2-101)  (from Ch. 108 1/2, par. 2-101)

7    Sec. 2-101. Creation of system.   A retirement system is 
8created to provide
retirement annuities, survivor's annuities 
9and other benefits for certain
members of the General Assembly, 
10certain elected state officials, and their
beneficiaries.


11    The system shall be known as the "General Assembly 
12Retirement System".
All its funds and property shall be a trust 
13separate from all other
entities, maintained for the purpose of 
14securing payment of annuities and
benefits under this Article.


15    Participation in the retirement system created under this 
16Article by members of the General Assembly is
restricted to 
17persons who become participants before the effective date of 
18this amendatory Act of the 101st General Assembly.
Beginning on 
19that date, the System shall not accept any new participants who 
20are members of the General Assembly.


21(Source: P.A. 83-1440.)

 
22    (40 ILCS 5/2-105)  (from Ch. 108 1/2, par. 2-105)

 
 
HB3235- 2 -LRB101 10670 RPS 55779 b

1    Sec. 2-105. Member.  "Member": Members of the General 
2Assembly of this
State, including persons who enter military 
3service while a member of the
General Assembly, and any person 
4serving as Governor, Lieutenant Governor,
Secretary of State, 
5Treasurer, Comptroller, or Attorney General for the period
of 
6service in such office.


7    Any person who has served for 10 or more years as Clerk or 
8Assistant Clerk
of the House of Representatives, Secretary or 
9Assistant Secretary of the
Senate, or any combination thereof, 
10may elect to become a member
of this system while thenceforth 
11engaged in such service by filing a
written election with the 
12board.  Any person so electing shall be
deemed an active member 
13of the General Assembly for the purpose of validating
and 
14transferring any service credits earned under any of the funds 
15and systems
established under Articles 3 through 18 of this 
16Code.


17    However, notwithstanding any other provision of this 
18Article, a member of the General Assembly
shall not be deemed a 
19member for the purposes of this Article unless he or she
became 
20a participant of the System before the effective date of this 
21amendatory Act of the 101st General Assembly.


22(Source: P.A. 85-1008.)


 

23    Section 99. Effective date. This Act takes effect upon 
24becoming law.