Illinois General Assembly - Bill Status for SB2195
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 Bill Status of SB2195  103rd General Assembly

Short Description:  PEN CD-VARIOUS

Senate Sponsors
Sen. William E. Brady - Kyle McCarter - Tom Rooney

Last Action
DateChamber Action
  1/9/2019SenateSession Sine Die

Statutes Amended In Order of Appearance
5 ILCS 375/3from Ch. 127, par. 523
5 ILCS 375/10from Ch. 127, par. 530
40 ILCS 5/1-160
40 ILCS 5/1-161 new
40 ILCS 5/1-162 new
40 ILCS 5/14-103.41 new
40 ILCS 5/14-131
40 ILCS 5/14-135.08from Ch. 108 1/2, par. 14-135.08
40 ILCS 5/14-147.5 new
40 ILCS 5/14-152.1
40 ILCS 5/14-155.1 new
40 ILCS 5/14-155.2 new
40 ILCS 5/14-156.1 new
40 ILCS 5/15-108.1
40 ILCS 5/15-108.2
40 ILCS 5/15-155from Ch. 108 1/2, par. 15-155
40 ILCS 5/15-165from Ch. 108 1/2, par. 15-165
40 ILCS 5/15-185.5 new
40 ILCS 5/15-198
40 ILCS 5/15-200.1 new
40 ILCS 5/15-201.1 new
40 ILCS 5/16-107.1 new
40 ILCS 5/16-158from Ch. 108 1/2, par. 16-158
40 ILCS 5/16-190.5 new
40 ILCS 5/16-203
40 ILCS 5/16-205.1 new
40 ILCS 5/16-206.1 new
40 ILCS 5/17-106.05 new
40 ILCS 5/17-129from Ch. 108 1/2, par. 17-129
40 ILCS 5/20-121from Ch. 108 1/2, par. 20-121
40 ILCS 5/20-123from Ch. 108 1/2, par. 20-123
40 ILCS 5/20-124from Ch. 108 1/2, par. 20-124
40 ILCS 5/20-125from Ch. 108 1/2, par. 20-125
40 ILCS 5/14-155 rep.
40 ILCS 5/14-156 rep.
40 ILCS 5/15-200 rep.
40 ILCS 5/15-201 rep.
40 ILCS 5/16-205 rep.
40 ILCS 5/16-206 rep.
30 ILCS 805/8.41 new

Synopsis As Introduced
Amends the Illinois Pension Code. Provides optional separate benefits for persons who, on or after 6 months after the effective date, first become participants or members under the State Universities or Downstate Teachers Article or noncovered participants under the State Employee Article. Contains provisions concerning retirement conditions, the amount of the retirement annuity, the amount of the annual increases to the retirement annuity, the calculation of salary, and the amount of certain survivor benefits. Sets forth the amount of employee and employer contributions. Requires those retirement systems to establish a defined contribution plan for certain members. In the Chicago Teachers Article, establishes similar benefits if the governing body of the unit of local government adopts those benefits by resolution or ordinance. In the State Employee, State Universities, and Downstate Teachers Articles, requires those Systems to offer certain inactive members the opportunity to elect to receive an accelerated pension benefit payment equal to 70% of the net present value of their pension benefits in lieu of receiving any pension benefit. In the State Employee, State Universities, and Downstate Teachers Articles, makes funding changes. In the State Universities and Downstate Teachers Articles, shifts certain costs to the local employer. Makes other changes. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

DateChamber Action
  4/27/2017SenateFiled with Secretary by Sen. Christine Radogno
  4/27/2017SenateFirst Reading
  4/27/2017SenateReferred to Assignments
  5/2/2017SenateRule 2-10 Committee Deadline Established As May 12, 2017
  5/2/2017SenateAssigned to Licensed Activities and Pensions
  5/3/2017SenateAdded as Chief Co-Sponsor Sen. Kyle McCarter
  5/9/2017SenateAdded as Chief Co-Sponsor Sen. Tom Rooney
  5/10/2017SenateAdded as Co-Sponsor Sen. William E. Brady
  5/11/2017SenateTo Subcommittee on Special Issues (LA)
  5/12/2017SenateRule 3-9(a) / Re-referred to Assignments
  5/16/2017SenateRule 2-10 Committee Deadline Established As May 31, 2017
  5/16/2017SenateAssigned to Licensed Activities and Pensions
  5/19/2017SenateTo Subcommittee on Special Issues (LA)
  8/4/2017SenatePursuant to Senate Rule 3-9(b) / Referred to Assignments
  10/10/2017SenateChief Sponsor Changed to Sen. William E. Brady
  1/9/2019SenateSession Sine Die

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