PENCD-RETIREMENT ANNUITY LIMIT
- Introduced Feb 1, 2023
- In committee Feb 1, 2023
- Died
- Passed the Senate
- To the governor
- Became law
What it does
The legislature's own summary of the bill, or its official long title.
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…
Read the full title (104 words)
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.
Every action
5 steps, oldest first, as the legislature records them.
- HouseFiled with the Clerk by Rep. Blaine Wilhour
- HouseFirst Reading
- CommitteeReferred to Rules Committee · House Rules
- HouseAdded Co-Sponsor Rep. Chris Miller
- HouseSession Sine Die
Roll calls
No recorded votes on this bill yet.
Sponsors
The member who introduced it, joined by 1 cosponsor: 1 Republican.
-
Blaine WilhourR Primary sponsor · District 110
All 1 cosponsor
From Illinois's official records (www.ilga.gov), checked Nov 13, 2026. Text links go to the official versions; LegiList does not copy bill text.