Bill Status of HB 1644   103rd General Assembly


Short Description:  PEN CD-ANNUAL INCREASES

House Sponsors
Rep. Blaine Wilhour and Chris Miller

Last Action  View All Actions

DateChamber Action
  2/1/2023HouseReferred to Rules Committee

Statutes Amended In Order of Appearance
40 ILCS 5/1-155 new
30 ILCS 805/8.47 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 10-year moving average of the annual unadjusted percentage increase in the consumer price index-u. 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
  2/1/2023HouseFiled with the Clerk by Rep. Blaine Wilhour
  2/1/2023HouseFirst Reading
  2/1/2023HouseReferred to Rules Committee
  3/16/2023HouseAdded Co-Sponsor Rep. Chris Miller

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