Illinois · House Bill 4870 · 103rd General Assembly

PENCD-SERS-ALTERNATIVE ANNUITY

  1. Introduced Feb 6, 2024
  2. In committee Feb 7, 2024
  3. Passed the House Apr 16, 2024
  4. Died  
  5. To the governor  
  6. Became law  

What it does

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

Amends the State Employee Article of the Illinois Pension Code. Provides that a member who is eligible to receive an alternative retirement annuity may elect to receive an estimated payment that shall commence no later than 30 days after the later of either the member's last day of employment or 30 days after the member files for the retirement benefit with the System. Provides that the estimated payment shall be…

Read the full title (155 words)

Amends the State Employee Article of the Illinois Pension Code. Provides that a member who is eligible to receive an alternative retirement annuity may elect to receive an estimated payment that shall commence no later than 30 days after the later of either the member's last day of employment or 30 days after the member files for the retirement benefit with the System. Provides that the estimated payment shall be the best estimate by the System of the total monthly amount due to the member based on the information that the System possesses at the time of the estimate. Provides that if the amount of the estimate is greater or less than the actual amount of the monthly annuity, the System shall pay or recover the difference within 6 months after the start of the monthly annuity. Excludes a benefit increase resulting from the amendatory Act from the definition of "new benefit increase". Effective immediately.

Every action

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

Show the 10 earlier steps
  1. HouseFiled with the Clerk by Rep. Stephanie A. Kifowit
  2. HouseFirst Reading
  3. CommitteeReferred to Rules Committee · House Rules
  4. CommitteeAssigned to Personnel & Pensions Committee · House Personnel & Pensions
  5. CommitteeDo Pass / Short Debate Personnel & Pensions Committee; 010-000-000 · House Personnel & Pensions
  6. HousePlaced on Calendar 2nd Reading - Short Debate
  7. HouseAdded Co-Sponsor Rep. Dagmara Avelar
  8. HouseSecond Reading - Short Debate
  9. HousePlaced on Calendar Order of 3rd Reading - Short Debate
  10. HouseThird Reading - Short Debate - Passed 111-000-000
  1. HouseAdded Chief Co-Sponsor Rep. Brandun Schweizer
  2. SenateArrive in Senate
  3. SenatePlaced on Calendar Order of First Reading April 18, 2024
  4. SenateChief Senate Sponsor Sen. Robert F. Martwick
  5. SenateFirst Reading
  6. CommitteeReferred to Assignments · Senate Assignments
  7. SenateAdded as Alternate Chief Co-Sponsor Sen. Neil Anderson
  8. HouseSession Sine Die

Roll calls

2 recorded votes: 1 on the floor, 1 in committee. Each shows how every member voted.

Third Reading · Full House

Passed 111–0
Apr 16, 2024 · journal entry
Yes 111 No 0 Not voting 7
Democrats: 72 yes, 0 no Republicans: 39 yes, 0 no
How each member voted

Yes · 111

Not voting · 1

Absent · 1

Excused · 5

Committee and other votes

DateWhereQuestionResult
Mar 14, 2024 House Personnel & Pensions Personnel & Pensions - Do Pass
Members

Yes · 10

Not voting · 1

Passed 10–0

Sponsors

The member who introduced it, joined by 3 cosponsors: 2 Republicans, 1 Democrat.

All 3 cosponsors

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.