Date	Chamber	Action
2/1/2023	House	Referred to Rules Committee

Statutes Amended In Order of Appearance

40 ILCS 5/1-163 new

Synopsis As Introduced
Amends the Illinois Pension Code. Provides that the total amount of the retirement annuity or pension benefits a person may receive from any pension fund or retirement system under the Code in any year shall not exceed $132,900; however, that amount shall annually thereafter be increased by the percentage increase (but not less than zero) in the consumer price index-u for the 12 months ending with the September preceding each November 1, including all previous adjustments. Provides that the changes apply without regard to whether a person became a member, participant, beneficiary, or annuitant before the effective date of the amendatory Act. Effective immediately.

Actions 

Date	Chamber	Action
2/1/2023	House	Filed with the Clerk by Rep. Blaine Wilhour
2/1/2023	House	First Reading
2/1/2023	House	Referred to Rules Committee
3/16/2023	House	Added Co-Sponsor Rep. Chris Miller

Back To Top