Bill Status of SB 1690   103rd General Assembly

Short Description:  PEN CD-COOK COUNTY-VARIOUS

Senate Sponsors
Sen. Robert F. Martwick

Last Action  View All Actions

DateChamber Action
  5/11/2023SenateRule 3-9(a) / Re-referred to Assignments

Statutes Amended In Order of Appearance
40 ILCS 5/1-160
40 ILCS 5/9-169from Ch. 108 1/2, par. 9-169
40 ILCS 5/9-169.1 new
40 ILCS 5/9-169.2 new
40 ILCS 5/9-179.1from Ch. 108 1/2, par. 9-179.1
40 ILCS 5/9-184from Ch. 108 1/2, par. 9-184
40 ILCS 5/9-185from Ch. 108 1/2, par. 9-185
40 ILCS 5/9-195from Ch. 108 1/2, par. 9-195
40 ILCS 5/9-199from Ch. 108 1/2, par. 9-199
40 ILCS 5/9-239from Ch. 108 1/2, par. 9-239
30 ILCS 805/8.47 new

Synopsis As Introduced
Amends the Illinois Pension Code. In the General Provisions Article, provides that beginning on January 1, 2024, the annual earnings, salary, or wages of a Tier 2 participant under the Cook County Article shall track with the Social Security wage base (rather than shall not exceed $106,800, adjusted annually). Makes conforming changes in the Cook County Article and provides that the county's contribution shall be paid through a tax levy and any other lawfully available funds. Provides that beginning on January 1, 2025, the Fund shall not use contributions received by the Fund for subsidy for an annuitant health care program. Deletes a restrictive date in a provision concerning establishing credit for military service. Beginning on December 1, 2023, provides that the president of the county shall appoint 2 additional members to the board of trustees. Requires the retirement board to retain an actuary who is a member in good standing of the American Academy of Actuaries to produce an annual actuarial report of the Fund and provides criteria for the report. Provides that the annual audit required of the Fund may include the preparation of the annual actuarial report. Provides that the annual report submitted to the county board shall include the annual actuarial report. Requires that the minimum required employer contribution shall be submitted annually by the county and provides the method of determining the minimum required employer contribution. Provides that the Fund shall (rather than may) pay for an annuitant health care program administered by the Fund (rather than any of the county's health care plans). Makes other changes. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

Senate Committee Amendment No. 1
Deletes reference to:
40 ILCS 5/9-179.1

Removes changes to provisions concerning credit for military service.

Actions 
DateChamber Action
  2/8/2023SenateFiled with Secretary by Sen. Robert F. Martwick
  2/8/2023SenateFirst Reading
  2/8/2023SenateReferred to Assignments
  2/21/2023SenateAssigned to Senate Special Committee on Pensions
  3/3/2023SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. Robert F. Martwick
  3/3/2023SenateSenate Committee Amendment No. 1 Referred to Assignments
  3/7/2023SenateSenate Committee Amendment No. 1 Assignments Refers to Senate Special Committee on Pensions
  3/9/2023SenateSenate Committee Amendment No. 1 Adopted; Senate Special Committee on Pensions
  3/10/2023SenateDo Pass as Amended Senate Special Committee on Pensions; 010-000-000
  3/10/2023SenatePlaced on Calendar Order of 2nd Reading March 21, 2023
  3/29/2023SenateSecond Reading
  3/29/2023SenatePlaced on Calendar Order of 3rd Reading March 30, 2023
  3/31/2023SenateRule 2-10(a) Third Reading Deadline Established As April 28, 2023
  4/28/2023SenateRule 2-10 Third Reading Deadline Established As May 11, 2023
  5/11/2023SenateRule 3-9(a) / Re-referred to Assignments

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