PEN CD-SELF-MANAGED PLAN House SponsorsRep. Thomas Morrison 1/13/2021HouseSession Sine Die 5 ILCS 375/3from Ch. 127, par. 5235 ILCS 375/10from Ch. 127, par. 53040 ILCS 5/1-16040 ILCS 5/1-16140 ILCS 5/2-105.3 new40 ILCS 5/2-107.5 new40 ILCS 5/2-107.6 new40 ILCS 5/2-126.8 new40 ILCS 5/2-16240 ILCS 5/14-103.42 new40 ILCS 5/14-103.43 new40 ILCS 5/14-133.2 new40 ILCS 5/14-152.140 ILCS 5/16-122.2 new40 ILCS 5/16-122.3 new40 ILCS 5/16-158.4 new40 ILCS 5/16-20340 ILCS 5/18-118.1 new40 ILCS 5/18-118.2 new40 ILCS 5/18-133.2 new40 ILCS 5/18-16940 ILCS 5/2-105.1 rep.30 ILCS 805/8.43 new Amends the General Assembly, State Employees, Downstate Teachers, and Judges Articles of the Illinois Pension Code. Requires each System to establish a self-managed plan that shall offer participants the opportunity to accumulate assets for retirement through a combination of participant and State contributions that may be invested. Provides that the System shall establish an opening account balance in the self-managed plan for a participant who elects to participate in the self-managed plan and elects to terminate all rights and credits in the System due to previous participation in the traditional benefit package. Provides that a participant in the self-managed plan may not participate in any other retirement program administered by the System. Contains provisions concerning definitions; default investments; contributions; employer pick-up of contributions; vesting; disability benefits; return to service; and termination of the plan. Provides that any benefit increase that results from the amendatory Act is excluded from the definition of "new benefit increase". Makes other changes. Makes conforming changes in the State Employees Group Insurance Act of 1971. Amends the State Mandates Act to require implementation without reimbursement by the State. Effective immediately. 2/14/2019HouseFiled with the Clerk by Rep. Thomas Morrison 2/14/2019HouseFirst Reading 2/14/2019HouseReferred to Rules Committee 2/26/2019HouseAssigned to Personnel & Pensions Committee 3/6/2019HouseTo Pension Reform Subcommittee 3/29/2019HouseRule 19(a) / Re-referred to Rules Committee 1/13/2021HouseSession Sine Die