HB 5261

  • Illinois House Bill
  • 103rd Regular Session
  • Introduced in House Apr 18, 2024
  • Passed House Apr 17, 2024
  • Senate
  • Governor

Pen Cd-Sers-Alt Annuity

Abstract

Amends the State Employee Article of the Illinois Pension Code. Includes persons employed on a full-time basis by the Illinois Department of Transportation in the positions of sign hanger and sign hanger foreman in the definition of "State highway maintenance worker". Provides that a person who is employed on a full-time basis by the Illinois Department of Transportation in the position of sign hanger or sign hanger foreman may elect to convert service credit earned to eligible creditable service under the alternative annuity formula by filing a written election with the Board and paying a specified amount to the System. Provides that any benefit increase that results from the amendatory Act is excluded from the definition of "new benefit increase". Effective immediately.

Bill Sponsors (3)

Votes


Actions


Apr 19, 2024

Senate

Chief Senate Sponsor Sen. Meg Loughran Cappel

Senate

First Reading

Senate

Referred to Assignments

Apr 18, 2024

Senate

Placed on Calendar Order of First Reading April 30, 2024

Senate

Arrive in Senate

Apr 17, 2024

House

Third Reading - Short Debate - Passed 104-003-000

House

Added Chief Co-Sponsor Rep. Stephanie A. Kifowit

Apr 11, 2024

House

Placed on Calendar Order of 3rd Reading - Short Debate

House

Second Reading - Short Debate

Mar 22, 2024

House

Placed on Calendar 2nd Reading - Short Debate

House

Do Pass / Short Debate Personnel & Pensions Committee; 010-001-000

Mar 05, 2024

House

Assigned to Personnel & Pensions Committee

Feb 09, 2024

House

Referred to Rules Committee

House

First Reading

Feb 08, 2024

House

Filed with the Clerk by Rep. Martin J. Moylan

Bill Text

Bill Text Versions Format
Introduced HTML PDF
Engrossed HTML PDF

Related Documents

Document Format
No related documents.

Sources

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