PEN CD-SERS-LEAVE OF ABSENCE Senate SponsorsSen. John J. Cullerton-Christine Radogno-Michael Noland, Heather Steans, Mattie Hunter and Donne E. Trotter House Sponsors(Rep. Michael J. Madigan-Kevin A. McCarthy-Barbara Flynn Currie) 4/14/2010SenatePublic Act . . . . . . . . . 96-0889 40 ILCS 5/14-103.12from Ch. 108 1/2, par. 14-103.12Amends the State Employee Article of the Illinois Pension Code. In provisions concerning final average compensation, provides that for a member on leave of absence without pay who purchases service credit for that period of leave, earnings are assumed to be equal to the rate of compensation in effect immediately prior to the leave. Provides that, if no contributions are required to establish service credit for the period of leave, the member may elect to establish earnings credit for the leave period within 48 months after returning to work by making the employee and employer contributions, plus interest at the actuarially assumed rate. Effective immediately.House Committee Amendment No. 1 Replaces everything after the enacting clause. Amends the State Employee Article of the Illinois Pension Code. Makes a technical change in a Section concerning final average compensation.House Floor Amendment No. 4 Deletes reference to:40 ILCS 5/14-103.12Adds reference to:5 ILCS 315/15from Ch. 48, par. 161540 ILCS 5/1-160 new40 ILCS 5/2-108.1from Ch. 108 1/2, par. 2-108.140 ILCS 5/2-119from Ch. 108 1/2, par. 2-11940 ILCS 5/2-119.01from Ch. 108 1/2, par. 2-119.0140 ILCS 5/2-119.1from Ch. 108 1/2, par. 2-119.140 ILCS 5/2-121.1from Ch. 108 1/2, par. 2-121.140 ILCS 5/2-122from Ch. 108 1/2, par. 2-12240 ILCS 5/17-129from Ch. 108 1/2, par. 17-12940 ILCS 5/18-124from Ch. 108 1/2, par. 18-12440 ILCS 5/18-125from Ch. 108 1/2, par. 18-12540 ILCS 5/18-125.1from Ch. 108 1/2, par. 18-125.140 ILCS 5/18-127from Ch. 108 1/2, par. 18-12740 ILCS 5/18-128.01from Ch. 108 1/2, par. 18-128.0130 ILCS 805/8.34 newReplaces everything after the enacting clause. Amends the Illinois Public Labor Relations Act. Exempts the changes made to the Illinois Pension Code under this amendatory Act from provisions providing that, if there is a conflict between the Act and any other law, the provisions of the Act or any collective bargaining agreement negotiated under the Act shall prevail and control. Amends the Illinois Pension Code. Makes changes applicable to persons who first become employees and participants under any system under the Code, other than a downstate police or downstate firefighter pension fund, the Chicago Police pension fund, the Chicago Firemen pension fund, or the Retirement Plan for Chicago Transit Authority Employees or service as a SLEP under IMRF, on or after the effective date of the amendatory Act concerning the following: conditions for retirement, calculation of salary, annual increases, survivor's annuities, and application of alternative formula provisions. Amends the Chicago Teacher Article of the Illinois Pension Code. Sets forth a new employer contribution schedule. Amends the State Mandates Act to require implementation without reimbursement. Contains a severability clause. Provides that certain provisions are effective immediately.Fiscal Note, House Floor Amendment No. 4 (State Universities Retirement Systems) SB 1946 (H-AM 4) does not impact the fiscal year 2011 certified employer contribution amount due to the State Universities Retirement System. The impact on costs in future years has yet to be determined. State Debt Impact Note, House Floor Amendment No. 4 (Government Forecasting & Accountability) SB (H-AM 4) would not change the amount of authorization for any type of State-issued or State-supported bond, and, therefore, would not affect the level of State indebtedness. Pension Note, House Floor Amendment No. 4 (Government Forecasting & Accountability) The Commission's actuary completed an earlier similar analysis of this retirement age change together with a maximum pension salary of $150,000 which determined total savings of $43.86 billion and a net present value reduction of $9.75 billion for the State systems only. In addition, an earlier analysis of the COLA change contained in SB 1946 (H-AM 4) determined an additional savings of $12.31 billion. The savings associated with the COLA change is likely to be less than this amount as the actuary's cost study assumed the COLA change without change the current retirement age. 2/20/2009SenateFiled with Secretary by Sen. Kwame Raoul 2/20/2009SenateFirst Reading 2/20/2009SenateReferred to Assignments 3/4/2009SenateAssigned to Pensions and Investments 3/12/2009SenateDo Pass Pensions and Investments; 009-000-000 3/12/2009SenatePlaced on Calendar Order of 2nd Reading March 17, 2009 3/12/2009SenateAdded as Chief Co-Sponsor Sen. Iris Y. Martinez 3/24/2009SenateSecond Reading 3/24/2009SenatePlaced on Calendar Order of 3rd Reading March 25, 2009 3/26/2009SenateAdded as Chief Co-Sponsor Sen. A. J. Wilhelmi 4/1/2009SenateAdded as Co-Sponsor Sen. Michael Bond 4/1/2009SenatePlaced on Calendar Order of 3rd Reading ** April 2, 2009 4/2/2009SenateAdded as Co-Sponsor Sen. Ira I. Silverstein 4/2/2009SenateThird Reading - Passed; 059-000-000 4/3/2009HouseArrived in House 4/3/2009HousePlaced on Calendar Order of First Reading 4/27/2009HouseChief House Sponsor Rep. Barbara Flynn Currie 4/28/2009HouseFirst Reading 4/28/2009HouseReferred to Rules Committee 4/28/2009HouseAssigned to Executive Committee 5/8/2009HouseRule 19(a) / Re-referred to Rules Committee 10/21/2009HouseFinal Action Deadline Extended-9(b) November 30, 2009 10/21/2009HouseAssigned to Personnel and Pensions Committee 10/28/2009HouseHouse Committee Amendment No. 1 Filed with Clerk by Personnel and Pensions Committee 10/28/2009HouseHouse Committee Amendment No. 1 Adopted in Personnel and Pensions Committee; by Voice Vote 10/28/2009HouseDo Pass as Amended / Short Debate Personnel and Pensions Committee; 006-000-000 10/28/2009HousePlaced on Calendar 2nd Reading - Short Debate 10/28/2009HouseSecond Reading - Short Debate 10/28/2009HouseHeld on Calendar Order of Second Reading - Short Debate 12/1/2009HouseRule 19(b) / Re-referred to Rules Committee 3/23/2010HouseAlternate Chief Sponsor Changed to Rep. Michael J. Madigan 3/23/2010HouseAdded Alternate Chief Co-Sponsor Rep. Kevin A. McCarthy 3/23/2010HouseAdded Alternate Chief Co-Sponsor Rep. Barbara Flynn Currie 3/23/2010HouseApproved for Consideration Rules Committee; 005-000-000 3/23/2010HousePlaced on Calendar 2nd Reading - Short Debate 3/24/2010HouseHouse Floor Amendment No. 2 Filed with Clerk by Rep. Michael J. Madigan 3/24/2010HouseHouse Floor Amendment No. 2 Referred to Rules Committee 3/24/2010HouseHouse Floor Amendment No. 2 Rules Refers to Personnel and Pensions Committee 3/24/2010HouseHouse Floor Amendment No. 2 Recommends Be Adopted Personnel and Pensions Committee; 008-002-000 3/24/2010SenateChief Sponsor Changed to Sen. John J. Cullerton 3/24/2010HouseHouse Floor Amendment No. 3 Filed with Clerk by Rep. Michael W. Tryon 3/24/2010HouseHouse Floor Amendment No. 3 Referred to Rules Committee 3/24/2010HouseHouse Floor Amendment No. 4 Filed with Clerk by Rep. Michael J. Madigan 3/24/2010HouseHouse Floor Amendment No. 4 Referred to Rules Committee 3/24/2010HouseHouse Floor Amendment No. 4 Recommends Be Adopted Rules Committee; 005-000-000 3/24/2010HouseHouse Floor Amendment No. 4 Fiscal Note Filed as Amended 3/24/2010SenateAdded as Chief Co-Sponsor Sen. Christine Radogno 3/24/2010HouseHouse Floor Amendment No. 3 Motion Filed to Discharge Committee Rules Committee; Rep. Michael W. Tryon 3/24/2010HouseChair Rules Motion Out of Order 3/24/2010HouseMotion Discharge Committee Lost 3/24/2010HouseAppeal Ruling of Chair Rep. Michael W. Tryon 3/24/2010HouseShall the Chair be Sustained 3/24/2010HouseMotion to Sustain the Chair - Prevailed 070-047-000 3/24/2010SenateSponsor Removed Sen. Michael Bond 3/24/2010HouseHouse Floor Amendment No. 4 State Debt Impact Note Filed as Amended 3/24/2010HouseHouse Floor Amendment No. 4 Pension Note Filed as Amended 3/24/2010HouseHouse Floor Amendment No. 2 Withdrawn by Rep. Michael J. Madigan 3/24/2010HouseHouse Floor Amendment No. 4 Adopted by Voice Vote 3/24/2010HousePlaced on Calendar Order of 3rd Reading - Short Debate 3/24/2010HouseRemoved from Short Debate Status 3/24/2010HousePlaced on Calendar Order of 3rd Reading - Standard Debate 3/24/2010HouseThird Reading - Standard Debate - Passed 092-017-007 3/24/2010SenateSecretary's Desk - Concurrence House Amendment(s) 1, 4 3/24/2010SenatePlaced on Calendar Order of Concurrence House Amendment(s) 1, 4 - March 24, 2010 3/24/2010SenateHouse Committee Amendment No. 1 Motion to Concur Filed with Secretary Sen. John J. Cullerton 3/24/2010SenateHouse Committee Amendment No. 1 Motion to Concur Referred to Assignments 3/24/2010SenateHouse Floor Amendment No. 4 Motion to Concur Filed with Secretary Sen. John J. Cullerton 3/24/2010SenateHouse Floor Amendment No. 4 Motion to Concur Referred to Assignments 3/24/2010SenateHouse Committee Amendment No. 1 Motion to Concur Assignments Referred to Executive 3/24/2010SenateHouse Floor Amendment No. 4 Motion to Concur Assignments Referred to Executive 3/24/2010SenateHouse Committee Amendment No. 1 Motion To Concur Recommended Do Adopt Executive; 012-001-000 3/24/2010SenateHouse Floor Amendment No. 4 Motion To Concur Recommended Do Adopt Executive; 012-001-000 3/24/2010SenateSponsor Removed Sen. Ira I. Silverstein 3/24/2010SenateSponsor Removed Sen. Iris Y. Martinez 3/24/2010SenateAdded as Chief Co-Sponsor Sen. Michael Noland 3/24/2010SenateAdded as Co-Sponsor Sen. Heather Steans 3/24/2010SenateAdded as Co-Sponsor Sen. Mattie Hunter 3/24/2010SenateAdded as Co-Sponsor Sen. Donne E. Trotter 3/24/2010SenateSponsor Removed Sen. A. J. Wilhelmi 3/24/2010SenateHouse Committee Amendment No. 1 Senate Concurs 048-006-003 3/24/2010SenateHouse Floor Amendment No. 4 Senate Concurs 048-006-003 3/24/2010SenatePassed Both Houses 3/25/2010SenateSent to the Governor 4/14/2010SenateGovernor Approved 4/14/2010SenateEffective Date January 1, 2011 4/14/2010SenateEffective Date April 14, 2010; Some Parts 4/14/2010SenatePublic Act . . . . . . . . . 96-0889