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<xml>
<title>Illinois General Assembly - Bill Status for HB 3860         </title>
<shortdesc>PEN CD-ANNUAL INCREASES</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Allen Skillicorn-Blaine Wilhour-Amy Grant</sponsors>
</sponsor>
<lastaction>
<statusdate>1/13/2021</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>40 ILCS 5/1-155 new</reference><aliasreference></aliasreference><reference>30 ILCS 805/8.43 new</reference><aliasreference></aliasreference><SynopsisText>     Amends the General Provisions Article of the Illinois Pension Code. Provides that the retirement annuity or supplemental annuity for a participant, member, or annuitant in any pension fund or retirement system under the Code shall be subject to annual increases equal to the annual unadjusted percentage increase in the consumer price index-u for the 12 months ending with the September preceding each November 1. Provides that the changes apply without regard to whether the participant is in active service on or after the effective date of the amendatory Act. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>8/2/2019</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Allen Skillicorn</action>
<statusdate>10/7/2019</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Blaine Wilhour</action>
<statusdate>10/17/2019</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>10/17/2019</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>10/28/2019</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Amy Grant</action>
<statusdate>1/13/2021</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

