PEN CD-SURS-TIER 2 RETIREMENT

What it does

The legislature's own summary of the bill, or its official long title.

Amends the State Universities Article of the Illinois Pension Code. Provides that a Tier 2 member who has at least 20 years of service in this system as a police officer or firefighter is entitled to a retirement annuity upon written application on or after the attainment of age 55 (instead of age 60) if a specified rule is applicable to the participant. Provides that the changes apply retroactively to January 1, 2011. Provides that any benefit increase that results from the amendatory Act is excluded from the definition of "new benefit increase".

Every action

6 steps, oldest first, as the legislature records them.

1. Feb 17, 2023HouseFiled with the Clerk by Rep. Katie Stuart
2. Feb 17, 2023HouseFirst Reading
3. Feb 17, 2023CommitteeReferred to Rules Committee · House Rules
4. Feb 28, 2023CommitteeAssigned to Personnel & Pensions Committee · House Personnel & Pensions
5. Mar 10, 2023CommitteeRule 19(a) / Re-referred to Rules Committee · House Rules
6. Jan 7, 2025HouseSession Sine Die

Roll calls

No recorded votes on this bill yet.

Sponsors

The member who introduced it.

• Katie StuartD Primary sponsor · District 112