Bill Status of SB 2437   99th General Assembly

Short Description:  PEN CD-CHG TCHR-PAYROLL RECORD

Senate Sponsors
Sen. John J. Cullerton and Napoleon Harris, III

House Sponsors
(Rep. Barbara Flynn Currie and Arthur Turner)


Last Action  View All Actions

DateChamber Action
  3/24/2017SenateTotal Veto Stands

Statutes Amended In Order of Appearance
40 ILCS 5/17-132from Ch. 108 1/2, par. 17-132

Synopsis As Introduced
Amends the Chicago Teacher Article of the Illinois Pension Code. Provides that, in addition to certain listed items, reported payroll data must include any and all other data necessary for the Fund to calculate pension benefits. Provides that any necessary amendments or corrections to certified data provided by the employer must be made within one year after the certified data is received by the Fund. Effective immediately.

House Committee Amendment No. 3
Deletes reference to:
40 ILCS 5/17-132
Adds reference to:
40 ILCS 5/1-160
40 ILCS 5/8-113from Ch. 108 1/2, par. 8-113
40 ILCS 5/8-173from Ch. 108 1/2, par. 8-173
40 ILCS 5/8-173.2 new
40 ILCS 5/8-174from Ch. 108 1/2, par. 8-174
40 ILCS 5/8-192from Ch. 108 1/2, par. 8-192
40 ILCS 5/8-228.5 new
40 ILCS 5/8-243.2from Ch. 108 1/2, par. 8-243.2
40 ILCS 5/8-244from Ch. 108 1/2, par. 8-244
40 ILCS 5/8-244.1from Ch. 108 1/2, par. 8-244.1
40 ILCS 5/8-251from Ch. 108 1/2, par. 8-251
40 ILCS 5/11-110from Ch. 108 1/2, par. 11-110
40 ILCS 5/11-125.9 new
40 ILCS 5/11-169from Ch. 108 1/2, par. 11-169
40 ILCS 5/11-169.2 new
40 ILCS 5/11-170from Ch. 108 1/2, par. 11-170
40 ILCS 5/11-197.7 new
40 ILCS 5/11-223.1from Ch. 108 1/2, par. 11-223.1
40 ILCS 5/11-230from Ch. 108 1/2, par. 11-230
40 ILCS 5/8-173.1 rep.
40 ILCS 5/11-169.1 rep.
30 ILCS 805/8.40 new

Replaces everything after the enacting clause. Amends the Chicago Municipal and Chicago Laborers Articles of the Illinois Pension Code. Increases the retirement age for persons who first become participants on or after the effective date of the amendatory Act. Increases employee contribution for persons who first become participants on or after the effective date of the amendatory Act and makes other changes to the employee contribution rate. Provides that a person who first became a participant on or after January 1, 2011 and before the effective date of the amendatory Act may elect to be eligible for a reduced retirement age in exchange for an increase in employee contributions. Makes changes to the city's required contribution to each fund beginning in payment year 2018 and makes changes to provisions concerning employer contributions. Creates a payment obligation to the Fund, provides for enforcement through mandamus, and authorizes withholding from State grants in the case of nonpayment. Makes changes to the definition of "employee". Removes the city comptroller from the board of each fund and adds 2 members appointed by the mayor of the city to the membership of those boards. Makes changes to provisions concerning felony forfeiture. Provides that if there is an injury or death for which death or disability benefits are payable, the fund may subrogate a claim made by that employee against a third party. In the Chicago Municipal Article, provides that a person who first becomes a city officer on or after the effective date of the amendatory Act shall not be eligible for the alternative annuity or alternative disability benefits. Makes other changes. Contains inseverability and severability provisions. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

House Floor Amendment No. 6
Replaces everything after the enacting clause. Reinserts the provisions of the bill, as amended by House Amendment No. 4, with changes that include the following. In the Chicago Municipal and Chicago Laborers Articles, provides that beginning January 1, 2019, employee contributions shall be the lesser of: (i) 9.5% of each payment of salary combined with certain other contributions for automatic annual increases and widow's annuities; or (ii) the total normal cost, calculated using the entry age normal actuarial method, projected for that fiscal year for the benefits and expenses of the plan, but not less than 6.5% of each payment of salary combined with certain other contributions for automatic annual increases and widow's annuities. Provides that if the fund, after reaching a funding ratio of 90%, is subsequently determined to have a funding ratio below 75%, the employee contributions for age and service annuity shall revert to the lesser of the normal cost, but not less than 6.5% of each payment of salary, or 9.5% of each payment of salary (instead of reverting to 9.5% of each payment of salary). Provides that if employee contributions are reduced due to the application of the normal cost criterion, the employee contribution amount shall be consistent from July 1 of the fiscal year through June 30 of that fiscal year. Provides that the normal cost shall be calculated by an enrolled actuary retained by the fund. Provides that the actuary shall utilize participant data and actuarial standards of practice to calculate the normal cost. Effective immediately.

Actions 
DateChamber Action
  2/9/2016SenateFiled with Secretary by Sen. Martin A. Sandoval
  2/9/2016SenateFirst Reading
  2/9/2016SenateReferred to Assignments
  2/17/2016SenateAssigned to Licensed Activities and Pensions
  3/2/2016SenateDo Pass Licensed Activities and Pensions; 010-000-000
  3/2/2016SenatePlaced on Calendar Order of 2nd Reading March 3, 2016
  4/13/2016SenateSenate Floor Amendment No. 1 Filed with Secretary by Sen. Martin A. Sandoval
  4/13/2016SenateSenate Floor Amendment No. 1 Referred to Assignments
  4/19/2016SenateSenate Floor Amendment No. 1 Pursuant to Senate Rule 3-8 (b-1), this amendment will remain in the Committee on Assignments
  4/20/2016SenateSecond Reading
  4/20/2016SenatePlaced on Calendar Order of 3rd Reading April 21, 2016
  4/21/2016SenateAdded as Co-Sponsor Sen. Napoleon Harris, III
  4/21/2016SenateThird Reading - Passed; 057-000-000
  4/21/2016SenateSenate Floor Amendment No. 1 Tabled Pursuant to Rule 5-4(a)
  4/21/2016HouseArrived in House
  4/21/2016HouseChief House Sponsor Rep. Daniel J. Burke
  4/21/2016HouseFirst Reading
  4/21/2016HouseReferred to Rules Committee
  5/2/2016HouseAssigned to Personnel and Pensions Committee
  5/10/2016HouseHouse Committee Amendment No. 1 Filed with Clerk by Rep. Daniel J. Burke
  5/10/2016HouseHouse Committee Amendment No. 1 Referred to Rules Committee
  5/10/2016HouseHouse Committee Amendment No. 2 Filed with Clerk by Rep. Daniel J. Burke
  5/10/2016HouseHouse Committee Amendment No. 2 Referred to Rules Committee
  5/12/2016HouseHouse Committee Amendment No. 1 Rules Refers to Personnel and Pensions Committee
  5/12/2016HouseHouse Committee Amendment No. 2 Rules Refers to Personnel and Pensions Committee
  5/13/2016HouseFinal Action Deadline Extended-9(b) May 27, 2016
  5/27/2016HouseFinal Action Deadline Extended-9(b) May 31, 2016
  5/31/2016HouseFinal Action Deadline Extended-9(b) June 30, 2016
  6/30/2016HouseRule 19(a) / Re-referred to Rules Committee
  6/30/2016HouseHouse Committee Amendment No. 1 Rule 19(a) / Re-referred to Rules Committee
  6/30/2016HouseHouse Committee Amendment No. 2 Rule 19(a) / Re-referred to Rules Committee
  11/9/2016HouseAssigned to Personnel and Pensions Committee
  11/14/2016HouseAlternate Chief Sponsor Changed to Rep. Barbara Flynn Currie
  11/14/2016HouseHouse Committee Amendment No. 3 Filed with Clerk by Rep. Barbara Flynn Currie
  11/14/2016HouseHouse Committee Amendment No. 3 Referred to Rules Committee
  11/14/2016HouseHouse Committee Amendment No. 3 Rules Refers to Personnel and Pensions Committee
  11/15/2016HouseHouse Committee Amendment No. 3 Adopted in Personnel and Pensions Committee; by Voice Vote
  11/15/2016HouseDo Pass as Amended / Short Debate Personnel and Pensions Committee; 007-002-000
  11/15/2016HouseHouse Committee Amendment No. 1 Tabled Pursuant to Rule 40
  11/15/2016HouseHouse Committee Amendment No. 2 Tabled Pursuant to Rule 40
  11/15/2016HousePlaced on Calendar 2nd Reading - Short Debate
  11/15/2016HouseSecond Reading - Short Debate
  11/15/2016HouseHeld on Calendar Order of Second Reading - Short Debate
  11/28/2016HouseHouse Floor Amendment No. 4 Filed with Clerk by Rep. Barbara Flynn Currie
  11/28/2016HouseHouse Floor Amendment No. 4 Referred to Rules Committee
  11/29/2016HouseHouse Floor Amendment No. 4 Rules Refers to Personnel and Pensions Committee
  11/29/2016SenateChief Sponsor Changed to Sen. John J. Cullerton
  11/29/2016HouseHouse Floor Amendment No. 4 Recommends Be Adopted Personnel and Pensions Committee; 006-002-000
  11/29/2016HouseHouse Floor Amendment No. 5 Filed with Clerk by Rep. Barbara Flynn Currie
  11/29/2016HouseHouse Floor Amendment No. 5 Referred to Rules Committee
  11/30/2016HouseHouse Floor Amendment No. 6 Filed with Clerk by Rep. Barbara Flynn Currie
  11/30/2016HouseHouse Floor Amendment No. 6 Referred to Rules Committee
  11/30/2016HouseHouse Floor Amendment No. 6 Rules Refers to Personnel and Pensions Committee
  12/1/2016HouseHouse Floor Amendment No. 6 Recommends Be Adopted Personnel and Pensions Committee; 005-002-000
  12/1/2016HouseAdded Alternate Co-Sponsor Rep. Arthur Turner
  12/1/2016HouseHouse Floor Amendment No. 4 Withdrawn by Rep. Barbara Flynn Currie
  12/1/2016HouseHouse Floor Amendment No. 6 Adopted
  12/1/2016HousePlaced on Calendar Order of 3rd Reading - Short Debate
  12/1/2016House3/5 Vote Required
  12/1/2016HouseThird Reading - Short Debate - Passed 091-016-000
  12/1/2016SenateSecretary's Desk - Concurrence House Amendment(s) 3, 6
  12/1/2016SenatePlaced on Calendar Order of Concurrence House Amendment(s) 3, 6 - December 1, 2016
  12/1/2016SenateHouse Committee Amendment No. 3 Motion to Concur Filed with Secretary Sen. John J. Cullerton
  12/1/2016SenateHouse Committee Amendment No. 3 Motion to Concur Referred to Assignments
  12/1/2016SenateHouse Floor Amendment No. 6 Motion to Concur Filed with Secretary Sen. John J. Cullerton
  12/1/2016SenateHouse Floor Amendment No. 6 Motion to Concur Referred to Assignments
  1/1/2017SenatePursuant to Senate Rule 3-9(b) / Referred to Assignments
  1/9/2017SenateApproved for Consideration Assignments
  1/9/2017SenatePlaced on Calendar Order of Concurrence House Amendment(s) 3, 6 - January 9, 2017
  1/9/2017SenateHouse Committee Amendment No. 3 Motion to Concur Be Approved for Consideration Assignments
  1/9/2017SenateHouse Floor Amendment No. 6 Motion to Concur Be Approved for Consideration Assignments
  1/9/2017Senate3/5 Vote Required
  1/9/2017SenateHouse Committee Amendment No. 3 Senate Concurs 041-000-002
  1/9/2017SenateHouse Floor Amendment No. 6 Senate Concurs 041-000-002
  1/9/2017SenateSenate Concurs
  1/9/2017SenatePassed Both Houses
  1/24/2017SenateSent to the Governor
  3/24/2017SenateGovernor Vetoed
  3/24/2017SenateTotal Veto Stands

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