<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for SB 1299         </title>
<shortdesc>PENCD-STATE SYSTEMS-OPT OUT</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Kyle McCarter</sponsors>
</sponsor>
<lastaction>
<statusdate>1/10/2017</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>40 ILCS 5/2-117</reference><aliasreference>from Ch. 108 1/2, par. 2-117</aliasreference><reference>40 ILCS 5/14-103.05</reference><aliasreference>from Ch. 108 1/2, par. 14-103.05</aliasreference><reference>40 ILCS 5/15-134</reference><aliasreference>from Ch. 108 1/2, par. 15-134</aliasreference><reference>40 ILCS 5/16-123</reference><aliasreference>from Ch. 108 1/2, par. 16-123</aliasreference><reference>40 ILCS 5/18-120</reference><aliasreference>from Ch. 108 1/2, par. 18-120</aliasreference><SynopsisText>Amends the Illinois Pension Code. In the General Assembly and Judges Articles, authorizes a participant to terminate his or her participation in those systems. In the Downstate Teachers, State Employees, and State Universities Articles, authorizes a person to elect not to participate or to terminate his or her participation in those systems. In all 5 systems, provides that an active participant terminating participation in the system shall be entitled to a refund of his or her contributions (other than contributions to the defined contribution plan or self-managed plan) plus interest, minus any benefits received prior to terminating participation. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/18/2015</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Kyle McCarter</action>
<statusdate>2/18/2015</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/18/2015</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>2/25/2015</statusdate><chamber>Senate</chamber><action>Assigned to Executive</action>
<statusdate>3/5/2015</statusdate><chamber>Senate</chamber><action>To Subcommittee on Governmental Operations</action>
<statusdate>3/27/2015</statusdate><chamber>Senate</chamber><action>Rule 2-10 Committee Deadline Established As April 24, 2015</action>
<statusdate>4/24/2015</statusdate><chamber>Senate</chamber><action>Rule 2-10 Committee/3rd Reading Deadline Established As May 15, 2015</action>
<statusdate>5/15/2015</statusdate><chamber>Senate</chamber><action>Rule 2-10 Committee/3rd Reading Deadline Established As May 31, 2015</action>
<statusdate>10/10/2015</statusdate><chamber>Senate</chamber><action>Pursuant to Senate Rule 3-9(b) / Referred to Assignments</action>
<statusdate>1/10/2017</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

