Date	Chamber	Action
1/10/2023	Senate	Session Sine Die

Statutes Amended In Order of Appearance

40 ILCS 5/2-121.3

from Ch. 108 1/2, par. 2-121.3

40 ILCS 5/7-141

from Ch. 108 1/2, par. 7-141

40 ILCS 5/14-121.1

from Ch. 108 1/2, par. 14-121.1

40 ILCS 5/15-135

from Ch. 108 1/2, par. 15-135

40 ILCS 5/16-142.3

from Ch. 108 1/2, par. 16-142.3

40 ILCS 5/18-128.3

from Ch. 108 1/2, par. 18-128.3

30 ILCS 805/8.45 new

Synopsis As Introduced
Amends the Illinois Pension Code. In the Illinois Municipal Retirement Fund (IMRF) Article, provides that retirement annuities shall be payable upon attainment of the required age of distribution under a specified provision of the Internal Revenue Code of 1986 (instead of age 70 1/2). In the State Universities Article, provides that if a participant is not an employee of an employer participating in the System or in a reciprocal system on April 1 of the calendar year next following the calendar year in which the participant attains the age specified under a provision of the Internal Revenue Code of 1986 (instead of the age of 70 1/2), the annuity payment period shall begin on that date. In a provision of the Downstate Teacher Article concerning the required distribution of monthly survivor benefits for certain persons, provides that the distribution shall become payable on certain dates or December 1 of the calendar year in which the deceased member or annuitant would have attained age 72 (instead of 70 1/2), whichever occurs latest. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

Actions 

Date	Chamber	Action
1/29/2021	Senate	Filed with Secretary by Sen. Robert F. Martwick
1/29/2021	Senate	First Reading
1/29/2021	Senate	Referred to Assignments
2/9/2021	Senate	Assigned to Pensions
3/3/2021	Senate	Postponed - Pensions
4/16/2021	Senate	Rule 3-9(a) / Re-referred to Assignments
1/10/2023	Senate	Session Sine Die

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