Board 2002 Legislative Agenda

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Pending IMRF Legislation: House Bills

View pending Senate bills.

As legislation is introduced, the IMRF Board will take a position on the bill. The Board's position does not directly affect the movement of the bill; the legislation must be passed by the Illinois legislature to become law. You can read a brief overview of how IMRF legislation is passed.

Bills marked "Position Pending" will be presented to the Board for a position at a future meeting date.

Bill positions marked with * indicate that this position has been recommended by the Legislative Committee of the IMRF Board of Trustees, but has not been approved by the full Board. It will be presented at the next scheduled Board meeting.

Bill number/
Link to Bill Status

Bill description

Bill
Sponsor
IMRF
Board Position
HB 3591 Terminates pension benefits for a member of any fund who is convicted of a job-related felony Rep. Michelle Mussman Neutral
HB 3474 As amended, makes several changes to the definition of final rate of earnings and return to work rules. Also expands the period applicable for the 125% rule, changes the manner in which employer costs are charged and allocated, and requires pension impact statements for any salary changes. Rep. Karen May Neutral
HB 3427 Excludes from pensionable earnings certain lump sum payments and annual increases of more than 6% (applies to all systems) Rep. David Harris Oppose
HB 3426 Excludes from the IMRF Final Rate of Earnings calculation certain lump sum payments Rep. David Harris Oppose

HB 3375

(amended)

The bill originally required funds to suspend the annuity of any retiree who begins participation in any other Illinois public pension system. It has been amended and no longer applies to IMRF. Rep. Kevin McCarthy N/A
HB 3370 Requires IMRF to create an alternative DC plan and allow employers to require their new members to participate Rep. Mike Fortner Oppose

HB 3334

Signed into law on 08/16/2011 as Public Act 97-0415

Grants the Board the authority to deny or terminate disability benefits in certain situations and would remove the two year time limit for benefit protection leaves Rep. Raymond Poe N/A

HB 3332
(amended)

Signed into law on 08/08/2011 as Public Act 97-0273

As amended, temporarily allows IMRF members who have service in a downstate police pension fund to transfer that service to IMRF by paying the total cost or receiving the equivalent amount of service. Rep. Raymond Poe N/A

HB 3253

Signed into law on 08/08/2011 as Publc Act 97-0272

Makes two changes: 1) terminate the provision allowing SLEP participants to upgrade non-SLEP service to the SLEP formula for new members and 2) sunset the ECO program Rep. Karen May N/A
HB 3228 Limits the return to work restrictions for ERI annuitants Rep. Dan Brady Support
HB 3076 Requires IMRF employers, within 3 years, to pay the present cost of contribution increases due to salary increases of more than 6% Rep. David Harris Support
HB 3075 Reduces the minimum age for retirement without reduction in Tier Two to age 62 and to age 57 with a reduction Rep. Daniel Beiser Neutral
HB 2975 Excludes IMRF and police and fire fund levies from tax caps for the first five years after participation and changes the referendum question for participation in IMRF and downstate police Rep. Karen May Support
HB 2958 Places certain full-time firefighters and paramedics who are not in a downstate fire fund into IMRF SLEP Rep. Lisa Dugan Oppose
HB 2865 Makes two changes: 1) allow the second spouse of annuitants who retired before 3/26/92 with a qualifying spouse to qualify for a surviving spouse pension and 2) remove the requirement that surviving spouse annuities be offset for workers’ compensation awards. Rep. Raymond Poe Support
HB 2061 Excludes from the Final Rate of Earnings any salary increase greater than 12% over the previous year for new participants after July 1, 2011 Rep. Carol Sente Oppose
HB 2037 Permits elected or appointed coroners to participate in the SLEP program Rep. Dan Brady Oppose
HB 1977 IMRF applicable provisions only: Excludes travel for Board meetings or required fiduciary or ethics training from the approval requirements of the Pension Code, as long as those expenses are incurred within Illinois and makes a change in the Illinois economic opportunity report Rep. Kevin McCarthy Support

HB 1956

Signed into law on 08/12/11 as Public Act 97-0328

Makes three changes: 1) allow non-education employers to increase the hourly standard to 1,000 hours; 2) allow members to return to work with an employer without suspending their pension as long as they work less than the hourly standard of that employer; and 3) removes the requirement that the authorized agent be an IMRF member in order to vote in employer elections. Rep. Elaine Nekritz N/A
HB 1502 Changes the minimum age for retirement without reduction under Tier Two from age 67 to age 62. It would also remove any provision for retirement at an earlier age with reduction. Rep. Raymond Poe Neutral

HB 1471

Signed into law on 08/12/11 as Public Act 97-0319

Pro-rates the cost of a pension among multiple employers on a combination of service credit and final rate of earnings. Rep. Kevin McCarthy N/A
HB 1325 Authorizes pension systems to create optional DC plans for their members. If the fund offers such a plan, members who choose to participate would transfer their participation in the DB plan to the new DC plan. If no choice is made, members would default to participation in the DB plan. Rep. Greg Harris Oppose
HB 146 Limits all salary for pension calculation purposes for current participants in IMRF as well as the state-funded systems, to $106,800, indexed annually. Rep. Jack Franks Oppose

 

 


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Page Last Updated by JC on 08.16.2011