Illinois General Assembly - Bill Status for SB1307

Synopsis As Introduced
Amends the State Employee Article of the Illinois Pension Code. Provides that the alternative retirement annuity provisions apply to a Tier 2 State highway maintenance worker. Authorizes a Tier 2 State highway maintenance worker to convert up to 8 years of certain service credit established before the effective date of the amendatory Act into eligible creditable service under the alternative retirement annuity provisions upon application and payment of a specified contribution. Provides that any benefit increase that results from the amendatory Act is excluded from the definition of "new benefit increase".

Actions

Date	Chamber	Action
2/3/2023	Senate	Filed with Secretary by Sen. Michael W. Halpin
2/3/2023	Senate	First Reading
2/3/2023	Senate	Referred to Assignments
2/14/2023	Senate	Assigned to Senate Special Committee on Pensions
2/22/2023	Senate	To Subcommittee on Pensions Special Issues
3/10/2023	Senate	Rule 3-9(a) / Re-referred to Assignments

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