PEN CD-SURS-SERVICE CRED Senate SponsorsSen. Kwame Raoul House Sponsors(Rep. Robert S. Molaro-John A. Fritchey-Kevin Joyce-Michael P. McAuliffe) 8/28/2007SenatePublic Act . . . . . . . . . 95-0504 40 ILCS 5/15-113.6from Ch. 108 1/2, par. 15-113.640 ILCS 5/15-113.7from Ch. 108 1/2, par. 15-113.740 ILCS 5/15-141from Ch. 108 1/2, par. 15-14140 ILCS 5/15-158.340 ILCS 5/15-178from Ch. 108 1/2, par. 15-17840 ILCS 5/15-167.3 rep.Amends the State Universities Article of the Illinois Pension Code. In provisions concerning service for employment in public schools and other public employment, replaces references to service in the military forces with references to service in a capacity essentially similar or equivalent to that of a teacher. Deletes a provision requiring the Board of Trustees of the State Universities Retirement System to have the System's actuary prepare a report showing the actual rate of participation in the self-managed plan and the extent to which employee optional retirement plan participation has reduced the State's required contributions to the System. Provides that, in addition to warrants and checks, the State Comptroller and payroll officers may use an electronic funds transfer to pay employees. Repeals a provision encouraging the System to use emerging investment managers, minority-owned businesses, female-owned businesses, and business owned by persons with disabilities in managing the system's assets. Makes other changes. Effective immediately.Senate Floor Amendment No. 1 Replaces everything after the enacting clause with the bill as introduced with the following change: restores provisions of existing law requiring the Board to have the System's actuary prepare a report showing the actual rate of participation in the self-managed plan.House Amendment No. 1 Deletes reference to:40 ILCS 5/15-113.6from Ch. 108 1/2, par. 15-113.640 ILCS 5/15-113.7from Ch. 108 1/2, par. 15-113.740 ILCS 5/15-141from Ch. 108 1/2, par. 15-14140 ILCS 5/15-158.340 ILCS 5/15-178from Ch. 108 1/2, par. 15-17840 ILCS 5/15-167.3 rep.Adds reference to:40 ILCS 5/3-110.9 new40 ILCS 5/5-146from Ch. 108 1/2, par. 5-14640 ILCS 5/5-147from Ch. 108 1/2, par. 5-14740 ILCS 5/5-152from Ch. 108 1/2, par. 5-15240 ILCS 5/7-139from Ch. 108 1/2, par. 7-13940 ILCS 5/8-226.7 new40 ILCS 5/9-121.17 newReplaces everything after the enacting clause. Amends the Downstate Police and the Cook County Articles of the Illinois Pension Code to allow the transfer of up to 6 years of credit established in the Downstate Police Article to the Cook County pension fund. Requires payment of employee and employer contributions, plus interest. Amends the Chicago Police Article of the Illinois Pension Code. Provides that language denying an annuity to a wife or widow, married subsequent to the effective date, of a policeman who dies in service, if the marriage occurred less than one year prior to the policeman's death, does not apply to the widow of a policeman who dies in the performance of an act of duty. Provides that a widow's annuity shall no longer be subject to termination or suspension due to remarriage and any widow's annuity that was previously terminated or suspended by reason of remarriage shall, upon application, be resumed as of the date of the application, but in no event sooner than the effective date. Makes other changes concerning widow's annuities of policemen. Provides that, for the purposes of child's annuities, no age limitation shall apply to a child who is so physically or mentally handicapped as to be unable to support himself or herself. mends the Illinois Municipal Retirement Fund (IMRF) and Chicago Municipal Articles of the Illinois Pension Code. Allows a sheriff's law enforcement employee under the IMRF Article to transfer service credit under the Chicago Municipal Article to the IMRF. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately. 2/9/2007SenateFiled with Secretary by Sen. Kwame Raoul 2/9/2007SenateFirst Reading 2/9/2007SenateReferred to Rules 2/21/2007SenateAssigned to Pensions and Investments 3/1/2007SenateDo Pass Pensions and Investments; 010-000-000 3/1/2007SenatePlaced on Calendar Order of 2nd Reading March 2, 2007 3/2/2007SenateSecond Reading 3/2/2007SenatePlaced on Calendar Order of 3rd Reading March 6, 2007 3/20/2007SenateSenate Floor Amendment No. 1 Filed with Secretary by Sen. Kwame Raoul 3/20/2007SenateSenate Floor Amendment No. 1 Referred to Rules 3/21/2007SenateSenate Floor Amendment No. 1 Rules Refers to Pensions and Investments 3/22/2007SenateSenate Floor Amendment No. 1 Recommend Do Adopt Pensions and Investments; 008-000-000 3/30/2007SenateRule 2-10 Third Reading Deadline Established As May 31, 2007 4/19/2007SenateRecalled to Second Reading 4/19/2007SenateSenate Floor Amendment No. 1 Adopted; Raoul 4/19/2007SenatePlaced on Calendar Order of 3rd Reading 4/19/2007SenateThird Reading - Passed; 055-000-001 4/20/2007HouseArrived in House 4/20/2007HousePlaced on Calendar Order of First Reading 4/25/2007HouseChief House Sponsor Rep. Robert S. Molaro 4/25/2007HouseFirst Reading 4/25/2007HouseReferred to Rules Committee 4/30/2007HouseAssigned to Personnel and Pensions Committee 5/18/2007HouseCommittee Deadline Extended-Rule 9(b) May 25, 2007 5/22/2007HouseAdded Alternate Chief Co-Sponsor Rep. John A. Fritchey 5/25/2007HouseFinal Action Deadline Extended-9(b) May 31, 2007 5/29/2007HouseHouse Amendment No. 1 Filed with Clerk by Personnel and Pensions Committee 5/29/2007HouseHouse Amendment No. 1 Adopted in Personnel and Pensions Committee; by Voice Vote 5/29/2007HouseDo Pass as Amended / Short Debate Personnel and Pensions Committee; 005-000-000 5/29/2007HousePlaced on Calendar 2nd Reading - Short Debate 5/29/2007HouseSecond Reading - Short Debate 5/29/2007HouseHeld on Calendar Order of Second Reading - Short Debate 5/30/2007HouseAdded Alternate Chief Co-Sponsor Rep. Kevin Joyce 5/30/2007HouseAdded Alternate Chief Co-Sponsor Rep. Michael P. McAuliffe 5/30/2007HouseSecond Reading - Short Debate 5/30/2007HousePlaced on Calendar Order of 3rd Reading - Short Debate 5/30/2007HouseThird Reading - Short Debate - Passed 095-021-001 5/31/2007SenateSecretary's Desk - Concurrence House Amendment(s) 01 5/31/2007SenatePlaced on Calendar Order of Concurrence House Amendment(s) 01 5/31/2007SenateHouse Amendment No. 1 Motion to Concur Filed with Secretary Sen. Kwame Raoul 5/31/2007SenateHouse Amendment No. 1 Motion to Concur Referred to Rules 5/31/2007SenateHouse Amendment No. 1 Motion to Concur Rules Referred to Pensions and Investments 5/31/2007SenateHouse Amendment No. 1 Motion To Concur Recommended Do Adopt Pensions and Investments; 008-000-000 5/31/2007SenateHouse Amendment No. 1 Senate Concurs 033-016-003 5/31/2007SenatePassed Both Houses 6/29/2007SenateSent to the Governor 8/28/2007SenateGovernor Approved 8/28/2007SenateEffective Date August 28, 2007 8/28/2007SenatePublic Act . . . . . . . . . 95-0504