Bill Status of SB 1693   94th General Assembly

Short Description:  PEN CD-IMRF-SLEP BENEFITS

Senate Sponsors
Sen. Terry Link-John O. Jones, Dan Rutherford, Bill Brady, Mike Jacobs and Pamela J. Althoff

House Sponsors
(Rep. Kurt M. Granberg-Gary Hannig-Patrick J Verschoore-Dan Brady-Art Tenhouse, Raymond Poe, Rich Brauer, Michael P. McAuliffe, William B. Black, Jack D. Franks, Linda Chapa LaVia, Lou Lang and Karen A. Yarbrough)


Last Action  View All Actions

DateChamber Action
  12/9/2005SenatePublic Act . . . . . . . . . 94-0712

Statutes Amended In Order of Appearance
40 ILCS 5/7-142.1from Ch. 108 1/2, par. 7-142.1
40 ILCS 5/7-156from Ch. 108 1/2, par. 7-156
40 ILCS 5/7-169from Ch. 108 1/2, par. 7-169
40 ILCS 5/7-172from Ch. 108 1/2, par. 7-172
40 ILCS 5/7-173.1from Ch. 108 1/2, par. 7-173.1
30 ILCS 805/8.29 new

Synopsis As Introduced
Amends the Illinois Municipal Retirement Fund (IMRF) Article of the Illinois Pension Code. Increases the retirement formula for sheriff's law enforcement employees (SLEPs) to 2.5% of the final rate of earnings for each year of SLEP service. Increases the maximum pension payable to a SLEP from 75% to 80% of the final rate of earnings. Removes the 2-year service requirement for earning new benefits after a return to service as a SLEP. Makes these changes apply to persons in service on or after July 1, 2004. Also increases the additional employee contribution paid by SLEPs to 2.5% of salary. Eliminates the reduction in benefit imposed on a surviving spouse who is more than 5 years younger than the deceased member, for the surviving spouse of any member who dies on or after the effective date. Allows a SLEP to convert up to 10 years of non-SLEP service credit into SLEP credit by paying the difference in employee and employer contributions, plus interest. Makes the additional unfunded liability for all changes subject to a full 30-year amortization period. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

 Pension Note (Government Forecasting & Accountability)
 The Fund's actuaries have not yet determined the fiscal impact. Similar legislation in March 2004 would have increased accrued liabilities of the Fund by $36.2 Million and increased average annual costs by 1.18% of payroll when the benefit increases are calculated individually.

House Amendment No. 3
Replaces everything after the enacting clause with the engrossed bill with the following changes: (i) allows the employer, by resolution or ordinance, to provide for amortization of the additional unfunded liability over a 35-year or 40-year period; (ii) increases the additional employee contribution paid by SLEPS to 3%; and (iii) removes the effective date provision.

Actions 
DateChamber Action
  2/24/2005SenateFiled with Secretary by Sen. Terry Link
  2/24/2005SenateFirst Reading
  2/24/2005SenateReferred to Rules
  3/2/2005SenateAssigned to Pensions & Investments
  3/9/2005SenateDo Pass Pensions & Investments; 010-000-000
  3/9/2005SenatePlaced on Calendar Order of 2nd Reading March 10, 2005
  3/11/2005SenatePension Note Filed from the Commission on Government Forecasting and Accountability.
  3/14/2005SenateAdded as Chief Co-Sponsor Sen. John O. Jones
  4/4/2005SenateAdded as Co-Sponsor Sen. Dan Rutherford
  4/13/2005SenateSecond Reading
  4/13/2005SenatePlaced on Calendar Order of 3rd Reading April 14, 2005
  4/13/2005SenateAdded as Co-Sponsor Sen. Bill Brady
  4/14/2005SenateAdded as Co-Sponsor Sen. Mike Jacobs
  4/15/2005SenateThird Reading - Passed; 054-004-000
  4/15/2005HouseArrived in House
  4/15/2005HousePlaced on Calendar Order of First Reading
  4/15/2005HouseChief House Sponsor Rep. Kurt M. Granberg
  4/15/2005HouseFirst Reading
  4/15/2005HouseReferred to Rules Committee
  4/26/2005HouseAdded Alternate Chief Co-Sponsor Rep. Patrick J Verschoore
  4/26/2005HouseAdded Alternate Chief Co-Sponsor Rep. Dan Brady
  4/26/2005HouseAlternate Chief Co-Sponsor Changed to Rep. Patrick J Verschoore
  4/26/2005HouseAlternate Chief Co-Sponsor Changed to Rep. Dan Brady
  4/27/2005HouseAssigned to Executive Committee
  4/28/2005HouseAdded Alternate Co-Sponsor Rep. Raymond Poe
  4/28/2005HouseAdded Alternate Co-Sponsor Rep. Rich Brauer
  4/28/2005HouseAdded Alternate Co-Sponsor Rep. Michael P. McAuliffe
  5/13/2005HouseRule 19(a) / Re-referred to Rules Committee
  5/19/2005HouseCommittee/Final Action Deadline Extended-9(b) May 31, 2005
  5/19/2005HouseAssigned to Personnel and Pensions Committee
  5/19/2005HouseMotion to Suspend Rule 25 - Prevailed
  5/19/2005HouseDo Pass / Short Debate Personnel and Pensions Committee; 004-000-000
  5/20/2005HousePlaced on Calendar 2nd Reading - Short Debate
  5/20/2005HouseAlternate Chief Sponsor Changed to Rep. Michael J. Madigan
  5/20/2005HouseAdded Alternate Chief Co-Sponsor Rep. Kurt M. Granberg
  5/20/2005HouseAdded Alternate Chief Co-Sponsor Rep. Gary Hannig
  5/20/2005HouseAdded Alternate Co-Sponsor Rep. William B. Black
  5/20/2005HouseSecond Reading - Short Debate
  5/20/2005HousePlaced on Calendar Order of 3rd Reading - Short Debate
  5/23/2005HouseAdded Alternate Co-Sponsor Rep. Robert F. Flider
  5/25/2005HouseAdded Alternate Co-Sponsor Rep. Art Tenhouse
  5/25/2005HouseAlternate Co-Sponsor Removed Rep. Robert F. Flider
  5/25/2005HouseRecalled to Second Reading - Short Debate
  5/25/2005HouseHeld on Calendar Order of Second Reading - Short Debate
  5/25/2005HouseHouse Amendment No. 1 Filed with Clerk by Rep. Michael J. Madigan
  5/25/2005HouseHouse Amendment No. 1 Referred to Rules Committee
  5/26/2005HouseHouse Amendment No. 1 Rules Refers to Personnel and Pensions Committee
  5/26/2005HouseAlternate Chief Sponsor Changed to Rep. Kurt M. Granberg
  5/26/2005HouseAlternate Chief Co-Sponsor Removed Rep. Kurt M. Granberg
  5/27/2005HouseHouse Amendment No. 1 Recommends Be Adopted Personnel and Pensions Committee; 005-000-000
  5/27/2005HouseAdded Alternate Chief Co-Sponsor Rep. Art Tenhouse
  5/27/2005HouseAlternate Co-Sponsor Removed Rep. Art Tenhouse
  5/28/2005HouseHouse Amendment No. 1 Lost 046-065-001
  5/28/2005HouseHeld on Calendar Order of Second Reading - Short Debate
  5/29/2005HouseHouse Amendment No. 1 Motion Filed to Reconsider Vote Rep. George Scully, Jr.
  5/29/2005HouseHouse Amendment No. 2 Filed with Clerk by Rep. Gary Hannig
  5/29/2005HouseHouse Amendment No. 2 Referred to Rules Committee
  5/31/2005HouseRule 19(a) / Re-referred to Rules Committee
  11/1/2005SenateAdded as Co-Sponsor Sen. Pamela J. Althoff
  11/1/2005HouseFinal Action Deadline Extended-9(b) January 11, 2005
  11/1/2005HouseApproved for Consideration Rules Committee; 005-000-000
  11/1/2005HousePlaced on Calendar 2nd Reading - Short Debate
  11/2/2005HouseHouse Amendment No. 3 Filed with Clerk by Rep. Gary Hannig
  11/2/2005HouseHouse Amendment No. 3 Referred to Rules Committee
  11/2/2005HouseHouse Amendment No. 3 Rules Refers to Personnel and Pensions Committee
  11/3/2005HouseHouse Amendment No. 3 Recommends Be Adopted Personnel and Pensions Committee; 005-000-000
  11/3/2005HouseAdded Alternate Co-Sponsor Rep. Jack D. Franks
  11/3/2005HouseAdded Alternate Co-Sponsor Rep. Linda Chapa LaVia
  11/3/2005HouseAdded Alternate Co-Sponsor Rep. Lou Lang
  11/3/2005HouseHouse Amendment No. 3 Adopted by Voice Vote
  11/3/2005HousePlaced on Calendar Order of 3rd Reading - Short Debate
  11/3/2005House3/5 Vote Required
  11/3/2005HouseThird Reading - Short Debate - Passed 106-009-000
  11/3/2005SenateSecretary's Desk - Concurrence House Amendment(s) 03
  11/3/2005SenatePlaced on Calendar Order of Concurrence House Amendment(s) 03-November 4, 2005
  11/3/2005SenateHouse Amendment No. 3 Motion to Concur Filed with Secretary Sen. Terry Link
  11/3/2005SenateHouse Amendment No. 3 Motion to Concur Referred to Rules
  11/3/2005SenateHouse Amendment No. 3 Motion to Concur Referred to Pensions & Investments
  11/4/2005SenateHouse Amendment No. 3 Motion To Concur Recommended Do Adopt Pensions & Investments; 006-000-000
  11/4/2005SenateHouse Amendment No. 3 Senate Concurs 055-003-000
  11/4/2005SenatePassed Both Houses
  11/29/2005HouseAdded Alternate Co-Sponsor Rep. Karen A. Yarbrough
  12/2/2005SenateSent to the Governor
  12/9/2005SenateGovernor Approved
  12/9/2005SenateEffective Date June 1, 2006
  12/9/2005SenatePublic Act . . . . . . . . . 94-0712

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