PENCD-ST SYS-NEW COST METHOD House SponsorsRep. Darlene J. Senger Senate Sponsors(Sen. William E. Brady) 12/3/2014HouseSession Sine Die 40 ILCS 5/2-124from Ch. 108 1/2, par. 2-12440 ILCS 5/14-13140 ILCS 5/15-155from Ch. 108 1/2, par. 15-15540 ILCS 5/16-158from Ch. 108 1/2, par. 16-15840 ILCS 5/18-131from Ch. 108 1/2, par. 18-131 Amends the Illinois Pension Code. In the current funding provisions of the 5 State-funded retirement systems, changes the actuarial cost method from "projected unit credit" to "entry age normal". Effective immediately. 2/5/2013HouseFiled with the Clerk by Rep. Darlene J. Senger 2/5/2013HouseFirst Reading 2/5/2013HouseReferred to Rules Committee 2/13/2013HouseAssigned to Personnel and Pensions Committee 3/21/2013HouseDo Pass / Short Debate Personnel and Pensions Committee; 010-000-000 3/22/2013HousePlaced on Calendar 2nd Reading - Short Debate 4/8/2013HouseSecond Reading - Short Debate 4/8/2013HousePlaced on Calendar Order of 3rd Reading - Short Debate 4/12/2013HouseThird Reading - Short Debate - Passed 106-000-000 4/12/2013SenateArrive in Senate 4/12/2013SenatePlaced on Calendar Order of First Reading April 16, 2013 4/17/2013SenateChief Senate Sponsor Sen. William E. Brady 4/18/2013SenateFirst Reading 4/18/2013SenateReferred to Assignments 4/24/2013SenateAssigned to Executive 5/1/2013SenateTo Subcommittee on Special Issues (EX) 5/10/2013SenateRule 2-10 Committee Deadline Established As May 31, 2013 8/9/2013SenatePursuant to Senate Rule 3-9(b) / Referred to Assignments 12/3/2014HouseSession Sine Die