Bill Status of HB 2997   102nd General Assembly

Short Description:  PEN CD-TRS-AGE&SERVICE CREDIT

House Sponsors
Rep. Dave Severin, Will Guzzardi, Amy Grant, Chris Bos, Michael T. Marron and William Davis

Last Action  View All Actions

DateChamber Action
  1/10/2023HouseSession Sine Die

Statutes Amended In Order of Appearance
40 ILCS 5/1-160
40 ILCS 5/16-127from Ch. 108 1/2, par. 16-127
40 ILCS 5/16-133from Ch. 108 1/2, par. 16-133
40 ILCS 5/16-203

Synopsis As Introduced
Amends the General Provisions and Downstate Teacher Articles of the Illinois Pension Code. Provides that a teacher may establish one additional day of service credit for each day of service credit that was earned between March 16, 2020 and June 30, 2021 in which the teacher provided in-person instruction if he or she pays certain contributions and supplies satisfactory evidence. For a Tier 1 member, provides that the System shall waive the reduction in retirement annuity for persons who retire before age 60 if the member has attained age 59 and earned service credit in the 2020-2021 school. For a Tier 2 member, provides that the reduction in retirement annuity for persons who retire before age 67 shall be waived if the member has attained age 66 and earned service credit in the 2020-2021 school year. For a Tier 1 member who earned service credit in the 2020-2021 school year and has not attained age 59 or a Tier 2 member who earned service credit in the 2020-2021 school year and has not attained age 66, provides that the member shall be deemed to be one year older than his or her actual age for purposes of provisions concerning a reduction in retirement annuity due to a member's age. Provides that any benefit increase that results from the amendatory Act is excluded from the definition of "new benefit increase". Effective immediately.

Actions 
DateChamber Action
  2/18/2021HouseFiled with the Clerk by Rep. Dave Severin
  2/19/2021HouseFirst Reading
  2/19/2021HouseReferred to Rules Committee
  3/9/2021HouseAssigned to Personnel & Pensions Committee
  3/21/2021HouseAdded Co-Sponsor Rep. Will Guzzardi
  3/26/2021HouseAdded Co-Sponsor Rep. Amy Grant
  3/26/2021HouseAdded Co-Sponsor Rep. Chris Bos
  3/26/2021HouseAdded Co-Sponsor Rep. Michael T. Marron
  3/26/2021HouseAdded Co-Sponsor Rep. William Davis
  3/27/2021HouseRule 19(a) / Re-referred to Rules Committee
  1/10/2023HouseSession Sine Die

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