<?xml version='1.0' encoding='UTF-8'?>
<xml>
<title>Illinois General Assembly - Bill Status for SB 1561   </title>
<shortdesc>PEN CD-SURS-PURCHASING POWER</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Gary Forby</sponsors>
</sponsor>
<lastaction>
<statusdate>1/12/2011</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>40 ILCS 5/2-119.01</reference><aliasreference>from Ch. 108 1/2, par. 2-119.01</aliasreference><reference>40 ILCS 5/2-119.2 new</reference><aliasreference></aliasreference><reference>40 ILCS 5/2-121.1</reference><aliasreference>from Ch. 108 1/2, par. 2-121.1</aliasreference><reference>40 ILCS 5/2-124</reference><aliasreference>from Ch. 108 1/2, par. 2-124</aliasreference><reference>40 ILCS 5/2-162</reference><aliasreference></aliasreference><reference>40 ILCS 5/14-108</reference><aliasreference>from Ch. 108 1/2, par. 14-108</aliasreference><reference>40 ILCS 5/14-109</reference><aliasreference>from Ch. 108 1/2, par. 14-109</aliasreference><reference>40 ILCS 5/14-109.1 new</reference><aliasreference></aliasreference><reference>40 ILCS 5/14-121</reference><aliasreference>from Ch. 108 1/2, par. 14-121</aliasreference><reference>40 ILCS 5/14-131</reference><aliasreference>from Ch. 108 1/2, par. 14-131</aliasreference><reference>40 ILCS 5/14-152.1</reference><aliasreference></aliasreference><reference>40 ILCS 5/15-136</reference><aliasreference>from Ch. 108 1/2, par. 15-136</aliasreference><reference>40 ILCS 5/15-136.3</reference><aliasreference></aliasreference><reference>40 ILCS 5/15-137.1 new</reference><aliasreference></aliasreference><reference>40 ILCS 5/15-145</reference><aliasreference>from Ch. 108 1/2, par. 15-145</aliasreference><reference>40 ILCS 5/15-155</reference><aliasreference>from Ch. 108 1/2, par. 15-155</aliasreference><reference>40 ILCS 5/15-198</reference><aliasreference></aliasreference><reference>40 ILCS 5/16-133</reference><aliasreference>from Ch. 108 1/2, par. 16-133</aliasreference><reference>40 ILCS 5/16-136.2</reference><aliasreference>from Ch. 108 1/2, par. 16-136.2</aliasreference><reference>40 ILCS 5/16-136.5 new</reference><aliasreference></aliasreference><reference>40 ILCS 5/16-143.1</reference><aliasreference>from Ch. 108 1/2, par. 16-143.1</aliasreference><reference>40 ILCS 5/16-158</reference><aliasreference>from Ch. 108 1/2, par. 16-158</aliasreference><reference>40 ILCS 5/16-203</reference><aliasreference></aliasreference><reference>40 ILCS 5/18-125</reference><aliasreference>from Ch. 108 1/2, par. 18-125</aliasreference><reference>40 ILCS 5/18-125.2 new</reference><aliasreference></aliasreference><reference>40 ILCS 5/18-128.01</reference><aliasreference>from Ch. 108 1/2, par. 18-128.01</aliasreference><reference>40 ILCS 5/18-131</reference><aliasreference>from Ch. 108 1/2, par. 18-131</aliasreference><reference>40 ILCS 5/18-169</reference><aliasreference></aliasreference><SynopsisText>Amends the General Assembly, State Employees, State Universities, Downstate Teachers, and Judges Articles of the Illinois Pension Code. Declares it to be the public policy of this State and the intention of the General Assembly to protect annuitants against significant decreases in the purchasing power of retirement and survivor's annuities. Directs the Systems to review and report on significant changes in purchasing power. Provides for a one-time increase in certain retirement and survivor's annuities. Includes language exempting the changes from provisions concerning new benefit increases. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/18/2009</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Gary Forby</action>
<statusdate>2/18/2009</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/18/2009</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>2/25/2009</statusdate><chamber>Senate</chamber><action>Assigned to Pensions and Investments</action>
<statusdate>3/13/2009</statusdate><chamber>Senate</chamber><action>Rule 3-9(a) / Re-referred to Assignments</action>
<statusdate>1/12/2011</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

