Synopsis As Introduced
Amends the Illinois Municipal Retirement Fund (IMRF) Article of the Illinois Pension Code. Increases the death benefit from $3,000 to $5,000. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately
01 08 08 Referred to Rules Committee
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Synopsis As Introduced
Amends the Chicago Teacher Article of the Illinois Pension Code. Provides for a one-time increase in certain retirement and survivor's annuities. Declares it to be the public policy of this State and the intention of the General Assembly to protect annuitants against significant decreases in the purchasing power of retirement and survivor's annuities. Directs the retirement system to review and report on significant changes in purchasing power. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.
01 09 08 Referred to Rules Committee
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Synopsis As Introduced
Amends the Chicago Teacher Article of the Illinois Pension Code. Allows a designated domestic partner to qualify as a surviving spouse for purposes of survivor and death benefits. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.
01 09 08 Referred to Rules Committee
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Synopsis As Introduced
Amends the Illinois Municipal Code. Provides that a board of fire and police commissioners may waive portions of the required examination for applicants who have previously been full-time sworn officers of a regular fire or police department of any municipality in the State. Provides that a board of fire and police commissioners may prepare and keep a second register of persons who have previously been full-time sworn officers of a regular fire or police department of any municipality in the State. Provides that persons on the second register shall take rank upon the register as candidates in the order of their relative excellence as determined by members of the board of fire and police commissioners.
01 11 08 Referred to Rules Committee
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Synopsis As Introduced
Amends the Cook County Article of the Illinois Pension Code. Creates an alternative retirement annuity and survivor's benefit for sworn sheriff's personnel. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.
01 16 08 Referred to Rules Committee
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Synopsis As Introduced
Amends the Illinois Municipal Retirement Fund Article of the Illinois Pension Fund. Provides that, if a member seeking transfer of certain creditable service under the Downstate Police Article to the Illinois Municipal Retirement Fund Article applies before January 1, 2009 and pays the difference between (1) the employer and employee contributions that would have been required if he had participated in the IMRF during the period for which credit is being transferred, plus interest thereon at the effective rate for each year, compounded annually, from the date of termination of the service for which credit is being transferred to the date of payment and (2) the amount actually transferred to IMRF, then the amount of creditable service established shall not be reduced. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.
02 06 08 Assigned to Personnel and Pensions Committee
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Synopsis As Introduced
Amends the Downstate Police Article of the Illinois Pension Code. Provides that, beginning on the effective date of this amendatory Act, "police officer" or "officer" includes any person who is employed as a police dispatcher. Allows a police dispatcher to transfer creditable service under the Illinois Municipal Retirement Fund Article to his or her pension fund under the Downstate Police Article. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.
01 25 08 Referred to Rules Committee
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Synopsis As Introduced
Amends the Downstate Firefighter Article of the Illinois Pension Code. Increases the percentage of salary each firefighter shall contribute to the pension fund towards the cost of his or her pension from 6.955% of salary to 9.91% of salary.
02 14 08 Assigned to Personnel and Pensions Committee
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Synopsis As Introduced
Amends the Downstate Firefighter Article of the Illinois Pension Code. Provides that, in January 2009, the monthly pension of a firefighter who retired before July 1, 1971 shall be recalculated and increased to reflect the amount that the firefighter would have received in January 2009 had the firefighter been receiving a 3% increase for each year he or she received pension payments. In each January thereafter, provides that he or she shall receive an additional increase of 3% of the amount of the pension then being paid. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.
02 06 08 Assigned to personnel and Pensions Committee
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Synopsis As Introduced
Amends the Downstate Firefighter Article of the Illinois Pension Code. In provisions concerning the financing, provides that the annual actuarial requirements of the pension fund are equal to (1) the normal cost of the pension fund, or 17.5% of the salaries and wages to be paid to firefighters for the year involved, whichever is greater, plus (2) the annual amount necessary to amortize the fund's unfunded accrued liabilities over a period of 40 years from July 1, 2008 (was, from July 1, 1993), as annually updated and determined by an enrolled actuary employed by the Department of Financial and Professional Regulation (was, the Illinois Department of Insurance) or by an enrolled actuary retained by the pension fund or the municipality. Effective immediately.
01 30 08 Referred to Rules Committee
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Synopsis As Introduced
Amends the Downstate Firefighter Article of the Illinois Pension Code. Allows a firefighter to establish creditable service for up to 3 years of service as an on-call firefighter at the rate of one year of creditable service for each 5 years of time spent as an on-call firefighter for a municipality, township, fire district, or volunteer firefighter association. Requires the employing municipality to consent to the establishment of the creditable service and the payment of employee contributions. Provides that "on-call firefighter" includes any firefighter, whether or not he or she is compensated, who is not qualified to participate in a pension fund established under the Code in that capacity. Amends the State Mandates Act to require implementation without reimbursement.
01 30 08 Referred to Rules Committee
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Synopsis As Introduced
Amends the Counties Code. Provides that, if an employee who is covered under a retirement system or pension fund created under the Illinois Pension Code is convicted of a job-related felony, the State's Attorney must notify the board of trustees for that retirement system or pension fund. Effective immediately.
01 30 08 Referred to Rules Committee
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Synopsis As Introduced
Amends the Chicago Police Article of the Illinois Pension Code. Authorizes an active member with at least 5 years of creditable service to establish up to 10 years of additional service credit for certain employment in a law enforcement capacity under the Code or as a law enforcement officer with the Chicago Housing Authority. Requires the applicant to pay employee and employer contributions, plus interest; permits the use of rollover contributions. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.
02 08 08 Referred to Rules Committee
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Synopsis As Introduced
Amends the Chicago Police Article of the Illinois Pension Code. Compounds the automatic annual increase in retirement annuity. Also increases it to 3% and reduces the minimum age to 55. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.
02 08 08 Referred to Rules Committee
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Synopsis As Introduced
Amends the Chicago Police Article of the Illinois Pension Code. Provides that retiree members of the city health care plans shall pay no higher premium, and shall receive no lower level of benefits, than the active employee members with the same Medicare status. Pre-empts home rule. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.
02 08 08 Referred to Rules Committee
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Synopsis As Introduced
Amends the Downstate Firefighter Article of the Illinois Pension Code. Provides that a firefighter age 48 or older with 30 or more years of creditable service who is no longer in service as a firefighter shall receive a monthly pension of 75% of the monthly salary attached to the rank held by him or her in the fire service at the date of retirement. Amends the State Mandates Act to require implementation without reimbursement.
02 08 08 Referred to Rules Committee
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Synopsis As Introduced
Amends the Illinois Pension Code. Gives downstate firefighter pension funds the same investment authority as all of the other retirement systems and pension funds (excluding downstate police pension funds) under the Code. Removes references to downstate firefighter pension funds in various provisions regarding investment authority that were formerly applicable only to downstate police and downstate firefighter pension funds. Requires the board of trustees of a downstate firefighter pension fund to appoint investment advisers (was discretionary). Amends the State Mandates Act to require implementation without reimbursement.
02 11 08 Referred to Rules Committee
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Synopsis As Introduced
Appropriates $8,200,000 from the General Revenue Fund to the Department of Veterans' Affairs for staffing at the Illinois Veterans' Home at LaSalle. Effective July 1, 2008.
02 11 08 Referred to Rules Committee
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Synopsis As Introduced
Amends the Pension Impact Note Act. Requires that a pension impact note for legislation affecting downstate police and downstate firefighter pension funds must demonstrate the fiscal impact of the legislation on at least 25 municipalities with the pension funds. Amends the Property Tax Extension Limitation Law in the Property Tax Code. Exempts, from the definition of "aggregate extension", all contributions to a pension fund created under certain Articles of the Illinois Pension Code. Amends the Illinois Pension Code. Makes changes concerning prohibited transactions by fiduciaries of a pension fund established under the Downstate Police or Downstate Firefighter Article (Article 3 or 4), examinations of pension funds, and witnesses and adds provisions concerning consulting services, prohibitions on gifts for members of a board of trustees of a pension fund established under Article 3 or 4, fraudulent claims for disability pensions by police officers and firefighters, award of benefits, publication of a notice regarding the fiscal status of a pension fund established under Article 3 or 4, and a report by the Commission on Government Forecasting and Accountability on pension funds established under Article 3 or 4. Makes other changes. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.
02 13 08 Referred to Rules Committee
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Synopsis As Introduced
Amends the Pension Impact Note Act. Requires that a pension impact note for legislation affecting downstate police and downstate firefighter pension funds must demonstrate the fiscal impact of the legislation on at least 25 municipalities with the pension funds. Amends the Illinois Pension Code. Makes changes concerning prohibited transactions by fiduciaries of a pension fund established under the Downstate Police or Downstate Firefighter Article (Article 3 or 4), examinations of pension funds, and witnesses and adds provisions concerning consulting services, prohibitions on gifts for members of a board of trustees of a pension fund established under Article 3 or 4, fraudulent claims for disability pensions by police officers and firefighters, award of benefits, publication of a notice regarding the fiscal status of a pension fund established under Article 3 or 4, and a report by the Commission on Government Forecasting and Accountability on pension funds established under Article 3 or 4. Makes other changes. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.
02 13 08 Referred to Rules Committee
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Synopsis As Introduced
Amends the Downstate Firefighter Article of the Illinois Pension Code. Allows a firefighter to elect to receive either a lump sum payment or an actuarially equivalent annuity for up to 5 years of service as part of a deferred retirement option plan. Amends the State Mandates Act to require implementation without reimbursement. Effective July 1, 2008.
02 13 08 Referred to Rules Committee
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Synopsis As Introduced
Amends the State Employee Article of the Illinois Pension Code. Provides a Deferred Retirement Option Plan to members of the State Employees' Retirement System of Illinois who are eligible to receive the alternative formula under which members effectively retire and have their retirement accumulate, after applicable taxes, in the System while they continue covered employment for up to 5 years. Effective immediately.
02 14 08 Referred to Rules Committee
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Synopsis As Introduced
Amends the Downstate Police Article of the Illinois Pension Code. Provides that certain disabled police officers who are receiving a disability pension on the effective date of the amendatory Act and who apply within 30 days after that effective date and annually thereafter while the pension remains payable shall be eligible to receive an annual noncompounded increase in his or her line of duty disability pension equal to 3% of the original pension. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.
02 14 08 Referred to Rules Committee
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Synopsis As Introduced
Amends the Downstate Police Article of the Illinois Pension Code. Allows a person employed by the Village of Glen Carbon who is otherwise qualified to participate under the Article and was excluded from participation by reason of his or her failure to make written application to the Board to participate and to establish creditable service for periods of employment as a police officer during which he or she did not participate. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.
02 14 08 Referred to Rules Committee
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Synopsis As Introduced
Amends the Downstate Police Article of the Illinois Pension Code. Allows payment of a survivor's pension to the surviving spouse and children of a marriage occurring after retirement, if the surviving spouse and the deceased police officer were married for at least one year immediately preceding the date of death. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.
02 14 08 Referred to Rules Committee
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Synopsis As Introduced
Amends the Illinois Pension Code. In the Downstate Police Article, provides that, until January 1, 2009, an active member of the Illinois Municipal Retirement Fund may transfer up to 8 years of creditable service in a police pension fund under the Article to the Illinois Municipal Retirement Fund. In the Illinois Municipal Retirement Fund Article, provides that, until January 1, 2009, a person who has become an active participant in a police pension fund may transfer up to 8 years of creditable service under the Illinois Municipal Retirement Fund to that police pension fund. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.
02 14 08 Referred to Rules Committee
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Synopsis As Introduced
Amends the Chicago Firefighter Article of the Illinois Pension Code. In provisions allowing a reduction in the amount the city would otherwise be required to contribute to the fund due to certain refunds and interest thereon, provides that no reduction shall be allowed for a fiscal year following a fiscal year in which the funded ratio of assets to liabilities is less than 70%. Amends the State Mandates Act to require implementation without reimbursement
02 14 08 Referred to Rules Committee
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Synopsis As Introduced
Amends the Chicago Firefighter Article of the Illinois Pension Code. Changes the amount of a widow's annuity for a deceased fireman that was receiving a retirement annuity at the time of his death to the greater of 50% of the amount of such retirement annuity at the time of the fireman's death or the salary of an active firefighter with 5 years of service at the time of the fireman's death. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.
02 14 08 Referred to Rules Committee
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Synopsis As Introduced
Amends the Downstate Firefighter and Chicago Firefighter Articles of the Illinois Pension Code. Allows a member of a pension fund established under the Downstate Firefighter Article to forfeit service credit for the purpose of establishing a corresponding amount of service credit under the Chicago Firefighter Article of the Code. Amends the State Mandates Act to require implementation without reimbursement.
02 14 08 Referred to Rules Committee
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Synopsis As Introduced
Amends the Downstate Police and Downstate Firefighter Articles of the Illinois Pension Code to provide that an employing municipality shall have the right to participate in any board hearing related to the granting of line of duty disability pension benefits. Effective immediately.
02 14 08 Referred to Rules Committee
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Synopsis As Introduced
Amends the Chicago Firefighter Article of the Illinois Pension Code. Allows certain firemen, at the time of applying for a retirement annuity, to elect to forfeit a portion of their service credit in exchange for a lump sum payment. Provides for calculation of the lump sum payment. Provides for the lump sum payment to be held by the Fund, and provides for the payment of interest. Authorizes withdrawal of one-half of the lump sum one year after retirement and the remainder 2 years after retirement. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.
02 14 08 Referred to Rules Committee
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Synopsis As Introduced
Amends the Illinois Pension Code. Makes a technical change in a Section concerning definitions
02 14 08 Referred to Rules Committee
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Synopsis As Introduced
Amends the Illinois Pension Code. Makes a technical change in a Section concerning the definition of "municipality".
02 14 08 Referred to Rules Committee
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Synopsis As Introduced
Amends the Downstate Firefighter Article of the Illinois Pension Code. Makes a technical change in a Section concerning retirement pensions
02 14 08 Referred to Rules Committee
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Synopsis As Introduced
Amends the Downstate Firefighter Article of the Illinois Pension Code. Makes a technical change in a Section concerning definitions
02 14 08 Referred to Rules Committee
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Synopsis As Introduced
Amends the Illinois Pension Code. Makes a technical change in a Section concerning downstate polic
02 14 08 Referred to Rules Committee
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Synopsis As Introduced
Amends the Chicago Firefighter Article of the Illinois Pension Code to increase the maximum retirement annuity, duty disability benefit, and duty death benefit from 75% to 80% of salary. Also makes technical changes. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.
02 14 08 Referred to Rules Committee
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HB5555
http://ilga.gov/legislation/billstatus.asp?DocNum=5555&GAID=9&GA=95&DocTypeID=HB&LegID=36896&SessionID=51
5609
Synopsis As Introduced
Amends the Illinois Pension Code. Removes the requirement that the actuarial present value of credited projected benefits for vested participants currently receiving benefits, other vested participants, and non-vested participants be included in actuarial statements for certain pension funds. Effective immediately
02 14 08 Referred to Rules Committee
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Synopsis As Introduced
Amends the Chicago Firefighter Article of the Illinois Pension Code. Provides for noncompounded 3% automatic annual increases in all widow's annuities (other than term annuities). Amends the State Mandates Act to require implementation without reimbursement. Effective immediately
02 15 08 Referred to Rules Committee
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Synopsis As Introduced
Amends the Chicago Firefighter Article of the Illinois Pension Code. Provides that if a firefighter who is unable to perform his or her duties because of an occupational disease or disability dies within the initial one-year period during which he or she continues to receive salary rather than an occupational disease disability benefit, the firefighter's surviving spouse may elect to receive the same benefits (including health care benefits) as she or he would have qualified for if the deceased firefighter had been receiving an occupational disease disability benefit at the time of death. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.
02 15 08 Referred to Rules Committee
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Synopsis As Introduced
Amends the Chicago Firefighter Article of the Illinois Pension Code. Provides that if a firefighter who is unable to perform his or her duties because of an occupational disease or disability dies within the initial one-year period during which he or she continues to receive salary rather than an occupational disease disability benefit, the firefighter's surviving spouse may elect to receive the same benefits (including health care benefits) as she or he would have qualified for if the deceased firefighter had been receiving an occupational disease disability benefit at the time of death. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.
02 15 08 Referred to Rules Committee
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Synopsis As Introduced
Amends the State Employee Article of the Illinois Pension Code. Allows an investigator for the Secretary of State to elect to establish eligible creditable service for up to 5 years of service as a police officer under the Downstate Police Article or Illinois Municipal Retirement Fund Article if he or she has not otherwise established credit for that service by filing a written election with the Board within 6 months after the effective date of the amendatory Act and paying to the System an amount determined by the Board to be equal to the amount of employee and employer contributions that would have been contributed had such contributions been made at the rates applicable to State policemen, plus interest thereon at the effective rate for each year, compounded annually, from the date of service to the date of payment. Exempts the changes from new benefit increase provisions. Effective immediately.
02 15 08 Referred to Rules Committee
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Synopsis As Introduced
Amends the State Employee Article of the Illinois Pension Code. Adds a Section concerning an Illinois State Police Deferred Retirement Option Plan. Contains only a caption
02 15 08 Referred to Rules Committee
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Synopsis As Introduced
Amends the Downstate Police Article of the Illinois Pension Code. Allows a police officer that is transferring creditable service from one downstate police pension fund to another to elect to have his or her creditable service reduced rather than paying the difference between the amount transferred and the true cost of allowing that creditable service to be established. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.
02 15 08 referred to Rules Committee
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Synopsis As Introduced
Amends the Downstate Firefighter Article of the Illinois Pension Code. Removes the referendum provisions for participation of a city, township, village, or incorporated town of less than 5,000 population and changes the definition of "municipality" to include those entities. Amends the State Mandates Act to require implementation without reimbursement.
02 15 08 Referred to Rules Committee
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Synopsis As Introduced
Amends the Illinois Pension Code. In the Downstate Police Article, provides that, until January 1, 2009, an active member of the Illinois Municipal Retirement Fund that has less than 8 years of creditable service in a police pension fund under the Article may apply for a transfer of his or her creditable service accumulated in that fund to the Illinois Municipal Retirement Fund. In the Illinois Municipal Retirement Fund Article, provides that, until January 1, 2009, a person who has less than 8 years of creditable service under the IMRF Article who has become an active participant in a police pension fund may apply for a transfer of his or her IMRF creditable service to that police pension fund. Effective immediately.
02 15 08 Referred to Rules Committee
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Synopsis As Introduced
Amends the Chicago Firefighter Article of the Illinois Pension Code to base retirement benefits on the highest consecutive 36 months, rather than 4 years, of salary within the last 10 years of service. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.
02 15 08 Referred to Rules Committee
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Synopsis As Introduced
Amends the Chicago Firefighter Article of the Illinois Pension Code. Increases the minimum member annuity to $1,800 (was, $1,050) and the minimum widow's annuity to $1,500 (was, $1,000). Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.
02 15 08 Referred to Rules Committee
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Synopsis As Introduced
Amends the Chicago Police Article of the Illinois Pension Code. Compounds the automatic annual increase in retirement annuity. Also increases it to 3%, reduces the minimum age to 55, and removes the 30% maximum increase limitation for all annuitants. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately
03 16 07 Rule 3-9(a) / Re-Referred to Rules Committee
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Synopsis As Introduced
Amends the Chicago Police Article of the Illinois Pension Code. Authorizes an active member with at least 5 years of creditable service to establish up to 10 years of additional service credit for certain employment as a law enforcement officer with a downstate municipal police department, the Cook County Police Department, the State of Illinois, or the Chicago Housing Authority. Requires the applicant to pay employee and employer contributions, plus interest; permits the use of rollover contributions. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.
03 16 07 Rule 3-9(a) / Re-Referred to Rules Committee
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Synopsis As Introduced
Amends the Chicago Police Article of the Illinois Pension Code to base retirement benefits on the highest 36 months, rather than 4 years, of salary within the last 10 years of service, for persons retiring on or after January 1, 2008. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.
03 16 07 Rule 3-9(a) / Re-Referred to Rules Committee
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Synopsis As Introduced
Amends the Chicago Police Article of the Illinois Pension Code to increase the multiplier used to calculate the maximum allowable pension tax, from 2.00 to 2.26. Effective immediately
03 16 07 Rule 3-9(a) / Re-Referred to Rules Committee
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Synopsis As Introduced
Amends the Chicago Police Article of the Illinois Pension Code. Compounds the automatic annual increase in retirement annuity. Also increases it to 3% and reduces the minimum age to 55. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.
02 14 08 Referred to Rules Committee
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Synopsis As Introduced
Amends the Pension Impact Note Act. Requires that a pension impact note for legislation affecting downstate police and downstate firefighter pension funds must demonstrate the fiscal impact of the legislation on at least 25 municipalities with the pension funds. Amends the Illinois Pension Code. Makes changes concerning prohibited transactions by fiduciaries of a pension fund established under the Downstate Police or Downstate Firefighter Article (Article 3 or 4), examinations of pension funds, and witnesses and adds provisions concerning consulting services, prohibitions on gifts for members of a board of trustees of a pension fund established under Article 3 or 4, fraudulent claims for disability pensions by police officers and firefighters, award of benefits, publication of a notice regarding the fiscal status of a pension fund established under Article 3 or 4, and a report by the Commission on Government Forecasting and Accountability on pension funds established under Article 3 or 4. Makes other changes. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.
02 14 08 Referred to Rules Committee
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Synopsis As Introduced
Amends the Downstate Police and Downstate Firefighter Articles of the Illinois Pension Code to provide that an employing municipality shall have the right to participate in any board hearing related to the granting of line of duty disability pension benefits. Effective immediately.
02 14 08 Referred to Rules Committee
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Synopsis As Introduced
Amends the Illinois Pension Code. Adds a Section concerning investment consultants. Contains only a caption.
02 15 08 Referred to Rules Committee
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Synopsis As Introduced
Amends the Chicago Firefighter Article of the Illinois Pension Code. Compounds the automatic annual increase in the retirement annuity. Increases the rate of increase to 3% and removes the 30% maximum for all firemen who are at least 55 years of age, regardless of date of birth. For certain firemenwho are at least 55 years of age with at least 20 years of service, makes the initial annual increase occur on the first anniversary of retirement. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.
02 15 08 Referred to Rules Committee
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