HB 2847

  • Illinois House Bill
  • 102nd Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Pencd-Retirement Annuity Limit

Abstract

Amends the Illinois Pension Code. Provides that the total amount of the retirement annuity or pension benefits a person may receive from any pension fund or retirement system under the Code in any year shall not exceed $132,900; however, that amount shall annually thereafter be increased by the percentage increase (but not less than zero) in the consumer price index-u for the 12 months ending with the September preceding each November 1, including all previous adjustments. Provides that the changes apply without regard to whether a person became a member, participant, beneficiary, or annuitant before the effective date of the amendatory Act. Effective immediately.

Bill Sponsors (4)

Votes


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Actions


Jan 10, 2023

House

Session Sine Die

Feb 18, 2022

House

Rule 19(a) / Re-referred to Rules Committee

Jan 25, 2022

House

Assigned to Personnel & Pensions Committee

Jan 14, 2022

House

Added Co-Sponsor Rep. Martin McLaughlin

Oct 19, 2021

House

Added Co-Sponsor Rep. Chris Bos

Mar 27, 2021

House

Rule 19(a) / Re-referred to Rules Committee

Mar 18, 2021

House

Added Co-Sponsor Rep. Ryan Spain

Mar 09, 2021

House

Assigned to Personnel & Pensions Committee

Feb 19, 2021

House

Referred to Rules Committee

House

First Reading

Feb 18, 2021

House

Filed with the Clerk by Rep. Blaine Wilhour

Bill Text

Bill Text Versions Format
Introduced HTML PDF

Related Documents

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Sources

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