Bill Status of HB 2848   102nd General Assembly

Short Description:  PEN CD-ANNUAL INCREASES

House Sponsors
Rep. Blaine Wilhour

Last Action  View All Actions

DateChamber Action
  1/10/2023HouseSession Sine Die

Statutes Amended In Order of Appearance
40 ILCS 5/1-155 new
30 ILCS 805/8.45 new

Synopsis As Introduced
Amends the General Provisions Article of the Illinois Pension Code. Provides that the retirement annuity or supplemental annuity for a participant, member, or annuitant in any pension fund or retirement system under the Code shall be subject to annual increases equal to the annual unadjusted percentage increase in the consumer price index-u for the 12 months ending with the September preceding each November 1. Provides that the changes apply without regard to whether the participant is in active service on or after the effective date of the amendatory Act. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

Actions 
DateChamber Action
  2/18/2021HouseFiled with the Clerk by Rep. Blaine Wilhour
  2/19/2021HouseFirst Reading
  2/19/2021HouseReferred to Rules Committee
  3/9/2021HouseAssigned to Personnel & Pensions Committee
  3/27/2021HouseRule 19(a) / Re-referred to Rules Committee
  1/25/2022HouseAssigned to Personnel & Pensions Committee
  2/18/2022HouseRule 19(a) / Re-referred to Rules Committee
  1/10/2023HouseSession Sine Die

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