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<xml>
<title>Illinois General Assembly - Bill Status for HB 1299         </title>
<shortdesc>PEN CD-SERS-ALTERNATE ANNUITY</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Michael T. Marron-Rita Mayfield and Wayne A Rosenthal</sponsors>
</sponsor>
<lastaction>
<statusdate>1/7/2025</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>40 ILCS 5/1-160</reference><aliasreference></aliasreference><reference>40 ILCS 5/14-110</reference><aliasreference>from Ch. 108 1/2, par. 14-110</aliasreference><reference>40 ILCS 5/14-152.1</reference><aliasreference></aliasreference><SynopsisText>     Amends the State Employee Article of the Illinois Pension Code. Provides that the alternative retirement annuity provisions apply to a Tier 2 State highway maintenance worker. Authorizes a Tier 2 State highway maintenance worker to convert up to 8 years of certain service credit established before the effective date of the amendatory Act into eligible creditable service under the alternative retirement annuity provisions upon application and payment of a specified contribution. Provides that any benefit increase that results from the amendatory Act is excluded from the definition of "new benefit increase".</SynopsisText></synopsis>
<actions>
<statusdate>1/20/2023</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Michael T. Marron</action>
<statusdate>1/31/2023</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>1/31/2023</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/21/2023</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Rita Mayfield</action>
<statusdate>2/28/2023</statusdate><chamber>House</chamber><action>Assigned to Personnel &amp; Pensions Committee</action>
<statusdate>3/8/2023</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Wayne A Rosenthal</action>
<statusdate>3/10/2023</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>1/7/2025</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

