PEN CD-SELF MANAGD PLAN-FREEZE Senate SponsorsSen. Chris Lauzen 1/9/2007SenateSession Sine Die 40 ILCS 5/2-101from Ch. 108 1/2, par. 2-10140 ILCS 5/2-101.5 new40 ILCS 5/2-105from Ch. 108 1/2, par. 2-10540 ILCS 5/2-117from Ch. 108 1/2, par. 2-11740 ILCS 5/2-117.4 new40 ILCS 5/14-102.5 new40 ILCS 5/14-103.05from Ch. 108 1/2, par. 14-103.0540 ILCS 5/14-103.40 new40 ILCS 5/14-103.41 new40 ILCS 5/14-105.8 new40 ILCS 5/14-133from Ch. 108 1/2, par. 14-13340 ILCS 5/14-133.2 new40 ILCS 5/15-101.5 new40 ILCS 5/16-102.5 new40 ILCS 5/18-101from Ch. 108 1/2, par. 18-10140 ILCS 5/18-102from Ch. 108 1/2, par. 18-10240 ILCS 5/18-102.5 new40 ILCS 5/18-112.7 new40 ILCS 5/18-120from Ch. 108 1/2, par. 18-120Amends the Illinois Pension Code. Directs the Board of the State Employees' Retirement System to establish a self-managed plan. Provides that a person who becomes a participant in that System or a judge, constitutional officer, or member of the General Assembly on or after the effective date of that self-managed plan must participate in the self-managed plan. Allows current judges, constitutional officers, members of the General Assembly, and members of the State Employees' Retirement System who are not yet vested to elect to participate in the self-managed plan. Also provides that any future benefit increase or other change in the GA, Judges, State Employees, State Universities, or Downstate Teacher retirement system applies only during periods when the retirement system is at least 90% funded. Effective immediately. 2/25/2005SenateFiled with Secretary by Sen. Chris Lauzen 2/25/2005SenateFirst Reading 2/25/2005SenateReferred to Rules 1/9/2007SenateSession Sine Die