Illinois General Assembly - Bill Status for SB 777

Bill Status of SB 777 99th General Assembly

Short Description: PEN CD-SURS-ADMINISTRATIVE

Senate Sponsors
Sen. John J. Cullerton-Iris Y. Martinez, Donne E. Trotter and Martin A. Sandoval-Mattie Hunter

House Sponsors
(Rep. Barbara Flynn Currie and Edward J. Acevedo)

Last Action View All Actions

Date Chamber Action
  5/31/2016 Senate Public Act . . . . . . . . . 99-0506

Statutes Amended In Order of Appearance
40 ILCS 5/15-112 from Ch. 108 1/2, par. 15-112
40 ILCS 5/15-126.2 new
40 ILCS 5/15-154 from Ch. 108 1/2, par. 15-154
40 ILCS 5/15-157 from Ch. 108 1/2, par. 15-157

Synopsis As Introduced
Amends the State Universities Article of the Illinois Pension Code. Adds a cross-reference to a provision relating to earnings for service before becoming a participant. Defines "plan year". In a provision concerning repayment of certain refunds, requires interest from the date the refund was issued rather than the date it was received. Clarifies a provision relating to the purchase of service credit by inactive participants.

House Floor Amendment No. 4
Deletes reference to:
40 ILCS 5/15-112 from Ch. 108 1/2, par. 15-112
40 ILCS 5/15-126.2 new
40 ILCS 5/15-154 from Ch. 108 1/2, par. 15-154
40 ILCS 5/15-157 from Ch. 108 1/2, par. 15-157
Adds reference to:
40 ILCS 5/5-167.2 from Ch. 108 1/2, par. 5-167.2
40 ILCS 5/5-168 from Ch. 108 1/2, par. 5-168
40 ILCS 5/5-168.2 new
40 ILCS 5/6-128.2 from Ch. 108 1/2, par. 6-128.2
40 ILCS 5/6-165 from Ch. 108 1/2, par. 6-165
40 ILCS 5/6-165.2 new

Replaces everything after the enacting clause. Amends the Chicago Police and Chicago Firefighter Articles of the Illinois Pension Code. For payment years 2016 through 2020, specifies the amount for the City of Chicago's required annual contribution to each fund. Provides that beginning in payment year 2021, the City's total required contribution to each fund shall be an amount that is equal to the normal cost of the fund, plus an amount sufficient to bring the total assets of the fund up to 90% of the total actuarial liabilities of the fund by payment year 2055 (instead of 2040); changes the actuarial cost method to entry age normal. Includes provisions for funding from any proceeds received by the city in relation to the operation of a casino within the city. Provides a mechanism to enforce funding through mandamus. Creates a new minimum retirement annuity provision based on the federal poverty level for certain persons. Effective immediately.

Actions
Date Chamber Action
  2/4/2015 Senate Filed with Secretary by Sen. Daniel Biss
  2/4/2015 Senate First Reading
  2/4/2015 Senate Referred to Assignments
  2/11/2015 Senate Assigned to Licensed Activities and Pensions
  2/19/2015 Senate Do Pass Licensed Activities and Pensions; 009-000-000
  2/19/2015 Senate Placed on Calendar Order of 2nd Reading March 3, 2015
  3/4/2015 Senate Second Reading
  3/4/2015 Senate Placed on Calendar Order of 3rd Reading March 5, 2015
  4/16/2015 Senate Third Reading - Passed; 050-000-000
  4/16/2015 House Arrived in House
  4/16/2015 House Chief House Sponsor Rep. Elaine Nekritz
  4/16/2015 House First Reading
  4/16/2015 House Referred to Rules Committee
  5/18/2015 House Final Action Deadline Extended-9(b) May 22, 2015
  5/18/2015 House Assigned to Personnel and Pensions Committee
  5/18/2015 House Motion Filed to Suspend Rule 21 Personnel and Pensions Committee; Rep. Barbara Flynn Currie
  5/18/2015 House Motion Prevailed
  5/20/2015 House Do Pass / Short Debate Personnel and Pensions Committee; 009-000-000
  5/20/2015 House Placed on Calendar 2nd Reading - Short Debate
  5/20/2015 House House Floor Amendment No. 1 Filed with Clerk by Rep. Elaine Nekritz
  5/20/2015 House House Floor Amendment No. 1 Referred to Rules Committee
  5/21/2015 House House Floor Amendment No. 2 Filed with Clerk by Rep. Elaine Nekritz
  5/21/2015 House House Floor Amendment No. 2 Referred to Rules Committee
  5/22/2015 House Final Action Deadline Extended-9(b) May 31, 2015
  5/25/2015 House House Floor Amendment No. 3 Filed with Clerk by Rep. Elaine Nekritz
  5/25/2015 House House Floor Amendment No. 3 Referred to Rules Committee
  5/27/2015 House Second Reading - Short Debate
  5/27/2015 House Held on Calendar Order of Second Reading - Short Debate
  5/29/2015 House House Floor Amendment No. 4 Filed with Clerk by Rep. Barbara Flynn Currie
  5/29/2015 House House Floor Amendment No. 4 Referred to Rules Committee
  5/29/2015 House House Floor Amendment No. 4 Rules Refers to Personnel and Pensions Committee
  5/29/2015 House House Floor Amendment No. 4 Recommends Be Adopted Personnel and Pensions Committee; 005-004-000
  5/30/2015 House Alternate Chief Sponsor Changed to Rep. Barbara Flynn Currie
  5/30/2015 House Added Alternate Co-Sponsor Rep. Edward J. Acevedo
  5/30/2015 House House Floor Amendment No. 4 Fiscal Note Requested as Amended by Rep. Ed Sullivan
  5/30/2015 House House Floor Amendment No. 4 State Mandates Fiscal Note Requested as Amended by Rep. Ed Sullivan
  5/30/2015 House House Floor Amendment No. 4 Pension Note Requested as Amended by Rep. Ed Sullivan
  5/30/2015 Senate Added as Chief Co-Sponsor Sen. Iris Y. Martinez
  5/30/2015 House House Floor Amendment No. 4 Adopted
  5/30/2015 House House Floor Amendment No. 4 Fiscal Note Requested as Amended - Withdrawn by Rep. Ed Sullivan
  5/30/2015 House House Floor Amendment No. 4 State Mandates Fiscal Note Requested as Amended - Withdrawn by Rep. Ed Sullivan
  5/30/2015 House House Floor Amendment No. 4 Pension Note Requested as Amended - Withdrawn by Rep. Ed Sullivan
  5/30/2015 House Placed on Calendar Order of 3rd Reading - Short Debate
  5/30/2015 House Removed from Short Debate Status
  5/30/2015 House Placed on Calendar Order of 3rd Reading - Standard Debate
  5/30/2015 Senate Chief Sponsor Changed to Sen. John J. Cullerton
  5/30/2015 House Third Reading - Standard Debate - Passed 065-045-002
  5/30/2015 Senate Secretary's Desk - Concurrence House Amendment(s) 4
  5/30/2015 Senate Placed on Calendar Order of Concurrence House Amendment(s) 4 - May 31, 2015
  5/30/2015 Senate House Floor Amendment No. 4 Motion to Concur Filed with Secretary Sen. John J. Cullerton
  5/30/2015 Senate House Floor Amendment No. 4 Motion to Concur Referred to Assignments
  5/30/2015 Senate House Floor Amendment No. 4 Motion to Concur Assignments Referred to Executive
  5/30/2015 Senate House Floor Amendment No. 4 Motion To Concur Recommended Do Adopt Executive; 011-006-000
  5/31/2015 Senate Added as Co-Sponsor Sen. Donne E. Trotter
  5/31/2015 Senate Added as Co-Sponsor Sen. Martin A. Sandoval
  5/31/2015 Senate House Floor Amendment No. 4 Senate Concurs 038-020-001
  5/31/2015 Senate Senate Concurs 038-020-001
  5/31/2015 Senate Motion Filed to Reconsider Vote Sen. John J. Cullerton
  3/31/2016 Senate Motion Withdrawn Sen. John J. Cullerton
  3/31/2016 Senate Passed Both Houses
  3/31/2016 Senate Sent to the Governor
  5/27/2016 Senate Governor Vetoed
  5/27/2016 Senate Placed Calendar Total Veto May 29, 2016
  5/30/2016 Senate Motion Filed Override Governor Veto Sen. John J. Cullerton
  5/30/2016 Senate 3/5 Vote Required
  5/30/2016 Senate Added as Chief Co-Sponsor Sen. Mattie Hunter
  5/30/2016 Senate Override Governor Veto - Senate Passed 039-019-000
  5/30/2016 House Arrived in House
  5/30/2016 House Placed on Calendar Total Veto May 30, 2016
  5/30/2016 House Motion Filed Override Governor Veto Rep. Barbara Flynn Currie
  5/30/2016 House 3/5 Vote Required
  5/30/2016 House Override Governor Veto - House Passed 072-043-002
  5/30/2016 Senate Both Houses Override Total Veto
  5/31/2016 Senate Effective Date May 30, 2016
  5/31/2016 Senate Public Act . . . . . . . . . 99-0506

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Date	Chamber	Action
5/31/2016	Senate	Public Act . . . . . . . . . 99-0506

	Deletes reference to:
	40 ILCS 5/15-112	from Ch. 108 1/2, par. 15-112

	Adds reference to:
	40 ILCS 5/5-167.2	from Ch. 108 1/2, par. 5-167.2