Illinois General Assembly - Bill Status for HB1185

Synopsis As Introduced
Amends the Downstate Police and Downstate Firefighter Articles of the Illinois Pension Code. Provides that the annual employer contribution shall include an amount sufficient to bring the total assets of the pension fund up to 90% of the total actuarial liabilities of the pension fund by the end of municipal fiscal year 2050 (instead of 2040). Makes a conforming change. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

Actions

Date	Chamber	Action
1/17/2023	House	Filed with the Clerk by Rep. Dave Vella
1/31/2023	House	First Reading
1/31/2023	House	Referred to Rules Committee
11/14/2023	House	Added Co-Sponsor Rep. Laura Faver Dias
1/31/2024	House	Assigned to Personnel & Pensions Committee
3/22/2024	House	Do Pass / Short Debate Personnel & Pensions Committee; 007-003-000
3/22/2024	House	Placed on Calendar 2nd Reading - Short Debate
4/17/2024	House	Second Reading - Short Debate
4/17/2024	House	Held on Calendar Order of Second Reading - Short Debate

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