Bill Status of HB 126   102nd General Assembly

Short Description:  PEN CD-TRS-OPTIONAL BENEFIT

House Sponsors
Rep. Dave Vella-Katie Stuart

Senate Sponsors
(Sen. Rachelle Crowe)


Last Action  View All Actions

DateChamber Action
  7/23/2021HousePublic Act . . . . . . . . . 102-0113

Statutes Amended In Order of Appearance
40 ILCS 5/16-204 rep.

Synopsis As Introduced
Amends the Downstate Teacher Article of the Illinois Pension Code. Repeals a provision requiring the System to offer an optional defined contribution benefit to active members of the System. Effective immediately.

House Committee Amendment No. 1
Deletes reference to:
40 ILCS 5/16-204 rep.
Adds reference to:
40 ILCS 5/3-110.10
40 ILCS 5/7-139.14 new
30 ILCS 805/8.45 new

Replaces everything after the enacting clause. Amends the Downstate Police and Illinois Municipal Retirement Fund (IMRF) Articles of the Illinois Pension Code. Provides that within 6 months after the effective date of the amendatory Act, a person may transfer to a fund established under the Downstate Police Article creditable service accumulated under IMRF for service as a sheriff's law enforcement employee, person employed by a participating municipality to perform police duties, or law enforcement officer employed on a full-time basis by a forest preserve district upon payment to the police pension fund of a specified amount to be determined by the board. Provides that any person applying to transfer service under the provisions may reinstate credits and creditable service under IMRF that were terminated upon receipt of a separation benefit by paying to IMRF the amount of the separation benefit plus interest thereon at the actuarially assumed rate of interest to the date of payment. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

Actions 
DateChamber Action
  1/13/2021HouseFiled with the Clerk by Rep. Sue Scherer
  1/14/2021HouseFirst Reading
  1/14/2021HouseReferred to Rules Committee
  2/23/2021HouseAssigned to Personnel & Pensions Committee
  3/22/2021HouseHouse Committee Amendment No. 1 Filed with Clerk by Rep. Katie Stuart
  3/22/2021HouseHouse Committee Amendment No. 1 Referred to Rules Committee
  3/22/2021HouseChief Sponsor Changed to Rep. Katie Stuart
  3/23/2021HouseHouse Committee Amendment No. 1 Rules Refers to Personnel & Pensions Committee
  3/26/2021HouseHouse Committee Amendment No. 1 Adopted in Personnel & Pensions Committee; by Voice Vote
  3/26/2021HouseDo Pass as Amended / Short Debate Personnel & Pensions Committee; 005-003-000
  4/8/2021HousePlaced on Calendar 2nd Reading - Short Debate
  4/15/2021HouseSecond Reading - Short Debate
  4/15/2021HousePlaced on Calendar Order of 3rd Reading - Short Debate
  4/19/2021HouseChief Sponsor Changed to Rep. Dave Vella
  4/19/2021HouseAdded Chief Co-Sponsor Rep. Katie Stuart
  4/22/2021HouseThird Reading - Short Debate - Passed 078-037-000
  4/23/2021SenateArrive in Senate
  4/23/2021SenatePlaced on Calendar Order of First Reading
  4/23/2021SenateChief Senate Sponsor Sen. Rachelle Crowe
  4/23/2021SenateFirst Reading
  4/23/2021SenateReferred to Assignments
  5/4/2021SenateAssigned to Pensions
  5/12/2021SenatePostponed - Pensions
  5/19/2021SenateDo Pass Pensions; 007-000-000
  5/19/2021SenatePlaced on Calendar Order of 2nd Reading May 20, 2021
  5/21/2021SenateSecond Reading
  5/21/2021SenatePlaced on Calendar Order of 3rd Reading May 24, 2021
  5/27/2021SenatePlaced on Calendar Order of 3rd Reading ** May 28, 2021
  5/29/2021SenateThird Reading - Passed; 059-000-000
  5/29/2021HousePassed Both Houses
  6/25/2021HouseSent to the Governor
  7/23/2021HouseGovernor Approved
  7/23/2021HouseEffective Date July 23, 2021
  7/23/2021HousePublic Act . . . . . . . . . 102-0113

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