Illinois 2023-2024 Regular Session

Illinois House Bill HB2136 Latest Draft

Bill / Introduced Version Filed 02/06/2023

                            103RD GENERAL ASSEMBLY State of Illinois 2023 and 2024 HB2136 Introduced , by Rep. Blaine Wilhour SYNOPSIS AS INTRODUCED:  40 ILCS 5/2-101 from Ch. 108 1/2, par. 2-10140 ILCS 5/2-105 from Ch. 108 1/2, par. 2-105  Amends the General Assembly Article of the Illinois Pension Code. Restricts participation in the General Assembly Retirement System by members of the General Assembly to persons who become participants before January 1, 2024 and provides that, beginning on that date, the System shall not accept any new participants who are members of the General Assembly. Makes related changes. Effective immediately.  LRB103 05236 RPS 50254 b   A BILL FOR 103RD GENERAL ASSEMBLY State of Illinois 2023 and 2024 HB2136 Introduced , by Rep. Blaine Wilhour SYNOPSIS AS INTRODUCED:  40 ILCS 5/2-101 from Ch. 108 1/2, par. 2-10140 ILCS 5/2-105 from Ch. 108 1/2, par. 2-105 40 ILCS 5/2-101 from Ch. 108 1/2, par. 2-101 40 ILCS 5/2-105 from Ch. 108 1/2, par. 2-105 Amends the General Assembly Article of the Illinois Pension Code. Restricts participation in the General Assembly Retirement System by members of the General Assembly to persons who become participants before January 1, 2024 and provides that, beginning on that date, the System shall not accept any new participants who are members of the General Assembly. Makes related changes. Effective immediately.  LRB103 05236 RPS 50254 b     LRB103 05236 RPS 50254 b   A BILL FOR
103RD GENERAL ASSEMBLY State of Illinois 2023 and 2024 HB2136 Introduced , by Rep. Blaine Wilhour SYNOPSIS AS INTRODUCED:
40 ILCS 5/2-101 from Ch. 108 1/2, par. 2-10140 ILCS 5/2-105 from Ch. 108 1/2, par. 2-105 40 ILCS 5/2-101 from Ch. 108 1/2, par. 2-101 40 ILCS 5/2-105 from Ch. 108 1/2, par. 2-105
40 ILCS 5/2-101 from Ch. 108 1/2, par. 2-101
40 ILCS 5/2-105 from Ch. 108 1/2, par. 2-105
Amends the General Assembly Article of the Illinois Pension Code. Restricts participation in the General Assembly Retirement System by members of the General Assembly to persons who become participants before January 1, 2024 and provides that, beginning on that date, the System shall not accept any new participants who are members of the General Assembly. Makes related changes. Effective immediately.
LRB103 05236 RPS 50254 b     LRB103 05236 RPS 50254 b
    LRB103 05236 RPS 50254 b
A BILL FOR
HB2136LRB103 05236 RPS 50254 b   HB2136  LRB103 05236 RPS 50254 b
  HB2136  LRB103 05236 RPS 50254 b
1  AN ACT concerning public employee benefits.
2  Be it enacted by the People of the State of Illinois,
3  represented in the General Assembly:
4  Section 5. The Illinois Pension Code is amended by
5  changing Sections 2-101 and 2-105 as follows:
6  (40 ILCS 5/2-101) (from Ch. 108 1/2, par. 2-101)
7  Sec. 2-101. Creation of system.  A retirement system is
8  created to provide retirement annuities, survivor's annuities
9  and other benefits for certain members of the General
10  Assembly, certain elected state officials, and their
11  beneficiaries.
12  The system shall be known as the "General Assembly
13  Retirement System". All its funds and property shall be a
14  trust separate from all other entities, maintained for the
15  purpose of securing payment of annuities and benefits under
16  this Article.
17  Participation in the retirement system created under this
18  Article by members of the General Assembly is restricted to
19  persons who become participants before January 1, 2024.
20  Beginning on that date, the System shall not accept any new
21  participants who are members of the General Assembly.
22  (Source: P.A. 83-1440.)

 

103RD GENERAL ASSEMBLY State of Illinois 2023 and 2024 HB2136 Introduced , by Rep. Blaine Wilhour SYNOPSIS AS INTRODUCED:
40 ILCS 5/2-101 from Ch. 108 1/2, par. 2-10140 ILCS 5/2-105 from Ch. 108 1/2, par. 2-105 40 ILCS 5/2-101 from Ch. 108 1/2, par. 2-101 40 ILCS 5/2-105 from Ch. 108 1/2, par. 2-105
40 ILCS 5/2-101 from Ch. 108 1/2, par. 2-101
40 ILCS 5/2-105 from Ch. 108 1/2, par. 2-105
Amends the General Assembly Article of the Illinois Pension Code. Restricts participation in the General Assembly Retirement System by members of the General Assembly to persons who become participants before January 1, 2024 and provides that, beginning on that date, the System shall not accept any new participants who are members of the General Assembly. Makes related changes. Effective immediately.
LRB103 05236 RPS 50254 b     LRB103 05236 RPS 50254 b
    LRB103 05236 RPS 50254 b
A BILL FOR

 

 

40 ILCS 5/2-101 from Ch. 108 1/2, par. 2-101
40 ILCS 5/2-105 from Ch. 108 1/2, par. 2-105



    LRB103 05236 RPS 50254 b

 

 



 

  HB2136  LRB103 05236 RPS 50254 b


HB2136- 2 -LRB103 05236 RPS 50254 b   HB2136 - 2 - LRB103 05236 RPS 50254 b
  HB2136 - 2 - LRB103 05236 RPS 50254 b
1  (40 ILCS 5/2-105) (from Ch. 108 1/2, par. 2-105)
2  Sec. 2-105. Member.  "Member": Members of the General
3  Assembly of this State, including persons who enter military
4  service while a member of the General Assembly, and any person
5  serving as Governor, Lieutenant Governor, Secretary of State,
6  Treasurer, Comptroller, or Attorney General for the period of
7  service in such office.
8  Any person who has served for 10 or more years as Clerk or
9  Assistant Clerk of the House of Representatives, Secretary or
10  Assistant Secretary of the Senate, or any combination thereof,
11  may elect to become a member of this system while thenceforth
12  engaged in such service by filing a written election with the
13  board. Any person so electing shall be deemed an active member
14  of the General Assembly for the purpose of validating and
15  transferring any service credits earned under any of the funds
16  and systems established under Articles 3 through 18 of this
17  Code.
18  However, notwithstanding any other provision of this
19  Article, a member of the General Assembly shall not be deemed a
20  member for the purposes of this Article unless he or she became
21  a participant of the System before January 1, 2024.
22  (Source: P.A. 85-1008.)
23  Section 99. Effective date. This Act takes effect upon
24  becoming law.

 

 

  HB2136 - 2 - LRB103 05236 RPS 50254 b