PEN CD-VARIOUS Senate SponsorsSen. William E. Brady-Kyle McCarter-Tom Rooney 1/9/2019SenateSession Sine Die 5 ILCS 375/3from Ch. 127, par. 5235 ILCS 375/10from Ch. 127, par. 53040 ILCS 5/1-16040 ILCS 5/1-161 new40 ILCS 5/1-162 new40 ILCS 5/14-103.41 new40 ILCS 5/14-13140 ILCS 5/14-135.08from Ch. 108 1/2, par. 14-135.0840 ILCS 5/14-147.5 new40 ILCS 5/14-152.140 ILCS 5/14-155.1 new40 ILCS 5/14-155.2 new40 ILCS 5/14-156.1 new40 ILCS 5/15-108.140 ILCS 5/15-108.240 ILCS 5/15-155from Ch. 108 1/2, par. 15-15540 ILCS 5/15-165from Ch. 108 1/2, par. 15-16540 ILCS 5/15-185.5 new40 ILCS 5/15-19840 ILCS 5/15-200.1 new40 ILCS 5/15-201.1 new40 ILCS 5/16-107.1 new40 ILCS 5/16-158from Ch. 108 1/2, par. 16-15840 ILCS 5/16-190.5 new40 ILCS 5/16-20340 ILCS 5/16-205.1 new40 ILCS 5/16-206.1 new40 ILCS 5/17-106.05 new40 ILCS 5/17-129from Ch. 108 1/2, par. 17-12940 ILCS 5/20-121from Ch. 108 1/2, par. 20-12140 ILCS 5/20-123from Ch. 108 1/2, par. 20-12340 ILCS 5/20-124from Ch. 108 1/2, par. 20-12440 ILCS 5/20-125from Ch. 108 1/2, par. 20-12540 ILCS 5/14-155 rep.40 ILCS 5/14-156 rep.40 ILCS 5/15-200 rep.40 ILCS 5/15-201 rep.40 ILCS 5/16-205 rep.40 ILCS 5/16-206 rep.30 ILCS 805/8.41 newAmends the Illinois Pension Code. Provides optional separate benefits for persons who, on or after 6 months after the effective date, first become participants or members under the State Universities or Downstate Teachers Article or noncovered participants under the State Employee Article. Contains provisions concerning retirement conditions, the amount of the retirement annuity, the amount of the annual increases to the retirement annuity, the calculation of salary, and the amount of certain survivor benefits. Sets forth the amount of employee and employer contributions. Requires those retirement systems to establish a defined contribution plan for certain members. In the Chicago Teachers Article, establishes similar benefits if the governing body of the unit of local government adopts those benefits by resolution or ordinance. In the State Employee, State Universities, and Downstate Teachers Articles, requires those Systems to offer certain inactive members the opportunity to elect to receive an accelerated pension benefit payment equal to 70% of the net present value of their pension benefits in lieu of receiving any pension benefit. In the State Employee, State Universities, and Downstate Teachers Articles, makes funding changes. In the State Universities and Downstate Teachers Articles, shifts certain costs to the local employer. Makes other changes. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately. 4/27/2017SenateFiled with Secretary by Sen. Christine Radogno 4/27/2017SenateFirst Reading 4/27/2017SenateReferred to Assignments 5/2/2017SenateRule 2-10 Committee Deadline Established As May 12, 2017 5/2/2017SenateAssigned to Licensed Activities and Pensions 5/3/2017SenateAdded as Chief Co-Sponsor Sen. Kyle McCarter 5/9/2017SenateAdded as Chief Co-Sponsor Sen. Tom Rooney 5/10/2017SenateAdded as Co-Sponsor Sen. William E. Brady 5/11/2017SenateTo Subcommittee on Special Issues (LA) 5/12/2017SenateRule 3-9(a) / Re-referred to Assignments 5/16/2017SenateRule 2-10 Committee Deadline Established As May 31, 2017 5/16/2017SenateAssigned to Licensed Activities and Pensions 5/19/2017SenateTo Subcommittee on Special Issues (LA) 8/4/2017SenatePursuant to Senate Rule 3-9(b) / Referred to Assignments 10/10/2017SenateChief Sponsor Changed to Sen. William E. Brady 1/9/2019SenateSession Sine Die