Date	Chamber	Action
2/8/2024	Senate	Referred to Assignments

Statutes Amended In Order of Appearance

40 ILCS 5/3-144.3 new

40 ILCS 5/15-135

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

40 ILCS 5/15-198

30 ILCS 805/8.48 new

Synopsis As Introduced
Amends the Illinois Pension Code. Provides that the Retirement Systems Reciprocal Act (Article 20 of the Code) is adopted and made a part of the Downstate Police Article, but only with respect to a person who, on or after the effective date of the amendatory Act, is entitled under those Articles or through a participating system under the Retirement Systems Reciprocal Act to begin receiving a retirement annuity or survivor's annuity and who elects to proceed under the Retirement Systems Reciprocal Act. In the State Universities Article, provides that a Tier 2 member who has at least 20 years of service in the System as a police officer is entitled to a retirement annuity upon written application on or after the attainment of age 55 (instead of age 60) if a specified rule is applicable to the participant. Provides that any benefit increase that results from the amendatory Act is excluded from the definition of "new benefit increase". Amends the State Mandates Act to require implementation without reimbursement.

Actions 

Date	Chamber	Action
2/8/2024	Senate	Filed with Secretary by Sen. Robert F. Martwick
2/8/2024	Senate	First Reading
2/8/2024	Senate	Referred to Assignments

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