Illinois General Assembly - Full Text of HB2466
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Full Text of HB2466  102nd General Assembly



State of Illinois
2021 and 2022


Introduced 2/19/2021, by Rep. Deanne M. Mazzochi and Amy Elik


40 ILCS 5/2-101  from Ch. 108 1/2, par. 2-101
40 ILCS 5/2-105  from Ch. 108 1/2, par. 2-105
40 ILCS 5/2-107  from Ch. 108 1/2, par. 2-107

    Amends the General Assembly Article of the Illinois Pension Code. Restricts participation in the General Assembly Retirement System to persons who became participants before the effective date of the amendatory Act and provides that, beginning on that date, the System shall not accept any new participants. Makes related changes. Effective immediately.

LRB102 13787 RPS 19137 b






HB2466LRB102 13787 RPS 19137 b

1    AN ACT concerning public employee benefits.
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
4    Section 5. The Illinois Pension Code is amended by
5changing Sections 2-101, 2-105, and 2-107 as follows:
6    (40 ILCS 5/2-101)  (from Ch. 108 1/2, par. 2-101)
7    Sec. 2-101. Creation of system. A retirement system is
8created to provide retirement annuities, survivor's annuities
9and other benefits for certain members of the General
10Assembly, certain elected state officials, and their
12    The system shall be known as the "General Assembly
13Retirement System". All its funds and property shall be a
14trust separate from all other entities, maintained for the
15purpose of securing payment of annuities and benefits under
16this Article.
17    Participation in the retirement system created under this
18Article is restricted to persons who became participants
19before the effective date of this amendatory Act of the 102nd
20General Assembly. Beginning on that date, the System shall not
21accept any new participants.
22(Source: P.A. 83-1440.)



HB2466- 2 -LRB102 13787 RPS 19137 b

1    (40 ILCS 5/2-105)  (from Ch. 108 1/2, par. 2-105)
2    Sec. 2-105. Member. "Member": Members of the General
3Assembly of this State, including persons who enter military
4service while a member of the General Assembly, and any person
5serving as Governor, Lieutenant Governor, Secretary of State,
6Treasurer, Comptroller, or Attorney General for the period of
7service in such office.
8    Any person who has served for 10 or more years as Clerk or
9Assistant Clerk of the House of Representatives, Secretary or
10Assistant Secretary of the Senate, or any combination thereof,
11may elect to become a member of this system while thenceforth
12engaged in such service by filing a written election with the
13board. Any person so electing shall be deemed an active member
14of the General Assembly for the purpose of validating and
15transferring any service credits earned under any of the funds
16and systems established under Articles 3 through 18 of this
18    However, notwithstanding any other provision of this
19Article, a person shall not be deemed a member for the purposes
20of this Article unless he or she became a participant of the
21System before the effective date of this amendatory Act of the
22102nd General Assembly.
23(Source: P.A. 85-1008.)
24    (40 ILCS 5/2-107)  (from Ch. 108 1/2, par. 2-107)
25    Sec. 2-107. Participant. "Participant": Any member who



HB2466- 3 -LRB102 13787 RPS 19137 b

1elects to participate; and any former member who elects to
2continue participation under Section 2-117.1, for the duration
3of such continued participation. However, notwithstanding any
4other provision of this Article, a person shall not be deemed a
5participant for the purposes of this Article unless he or she
6became a participant of the System before the effective date
7of this amendatory Act of the 102nd General Assembly.
8(Source: P.A. 86-1488.)
9    Section 99. Effective date. This Act takes effect upon
10becoming law.