<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for HB 4476         </title>
<shortdesc>PEN CD-DEFINED CONTRIB-RECOVER</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Jeanne M Ives</sponsors>
</sponsor>
<lastaction>
<statusdate>12/3/2014</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>40 ILCS 5/2-166</reference><aliasreference></aliasreference><reference>40 ILCS 5/14-156</reference><aliasreference></aliasreference><reference>40 ILCS 5/15-201</reference><aliasreference></aliasreference><reference>40 ILCS 5/16-206</reference><aliasreference></aliasreference><SynopsisText>     Amends the General Assembly, State Employee, State Universities, and the Downstate Teacher Articles of the Illinois Pension Code. Provides that if the defined contribution plan becomes inoperative pursuant to law (currently, being terminated or becoming inoperative pursuant to law), then each participant will be automatically deemed to be a contributing Tier 1 participant and the System shall be entitled to recover the amounts in the participant's defined contribution accounts.</SynopsisText></synopsis>
<actions>
<statusdate>1/30/2014</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Jeanne M Ives</action>
<statusdate>2/3/2014</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/3/2014</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>12/3/2014</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

