Legislation Introduced in 2019
House Bills
| Bill Number | Sponsor | Summary | Board Position |
|---|---|---|---|
| HB 1566 | Rep. Ryan Spain |
Would completely merge Article 3 police and Article 4 fire funds into IMRF. New police and fire members would be in regular IMRF. |
OPPOSE |
| HB 1567 | Rep. Ryan Spain |
Would completely merge Article 3 police and Article 4 fire funds in to IMRF. New police and fire members would maintain their current benefit structure. |
OPPOSE |
| HB 1568 | Rep. Ryan Spain |
Would transfer investment authority for Article 3 police and Article 4 fire funds to IMRF; benefit administration would remain with the individual funds. |
OPPOSE |
| HB 1571 | Rep. Ryan Spain |
Would allow employers to transfer investment authority for Article 3 police and Article 4 fire funds to IMRF; benefit administration would remain with the individual funds. |
OPPOSE |
| HB 1625 | Rep. Allen Skillicorn |
Would exclude sick and vacation time from wages and service for new members. Also includes provisions to create a defined contribution plan for the state-funded systems and restrict Teachers' Retirement System (TRS) employers from making member contributions for members. |
NEUTRAL |
| HB 2279 | Rep. Thomas Morrison |
Would exclude sick and vacation time from wages and service for new members. Also includes provisions to create a defined contribution plan for the state-funded systems and restrict Teachers' Retirement System (TRS) employers from making member contributions for members. |
NEUTRAL |
| HB 2592 | Rep. John Cabello |
Would exclude all elected officials from participation. Only applicable to new members. |
NEUTRAL |
| HB 2748 | Rep. Thomas Morrison |
Would restrict participation for elected officials to full-time only (IMRF only; new members only). |
NEUTRAL |
| HB 2749 | Rep. Thomas Morrison |
Would allow employers to opt out of participation in the pension fund. Applicable to all local government pension systems. |
OPPOSE |
| HB 2750 | Rep. Thomas Morrison |
Would restrict participation for elected officials to full-time only (new members only) for IMRF, Chicago Municipal, and Cook County. Also closes enrollment in General Assembly Retirement System (GARS). |
NEUTRAL |
| HB 3054 | Rep. Jaime M. Andrade, Jr |
Would allow the IMRF Board to assess up to 100% of the return-to-work liability on the employer, rather than the member. |
SUPPORT |
| HB 3518 | Rep. Mark Batinick |
Would allow Tier 1 members to choose an alternative COLA calculation of one equal to the CPI-u, with a minimum of 1% and a maximum of 5%. (Note: AMENDMENT FILED TO REMOVE IMRF) |
OPPOSE |
Senate Bills
| Bill Number | Sponsor | Summary | Board Position |
|---|---|---|---|
| SB 1106 |
Sen. Steven M. Landek |
Would completely merge Article 3 police and Article 4 fire funds into IMRF. New police and fire members would be in regular IMRF. |
OPPOSE |
| SB 1107 |
Sen. Steven M. Landek |
Would completely merge Article 3 police and Article 4 fire funds in to IMRF. New police and fire members would maintain their current benefit structure. |
OPPOSE |
| SB 1108 |
Sen. Steven M. Landek |
Would transfer investment authority for Article 3 police and Article 4 fire funds to IMRF; benefit administration would remain with the individual funds. |
OPPOSE |
| SB 1111 |
Sen. Steven M. Landek |
Would allow employers to transfer investment authority for Article 3 police and Article 4 fire funds to IMRF; benefit administration would remain with the individual funds. |
OPPOSE |
| SB 1671 |
Sen. Iris Martinez |
Would change the definition of emerging managers and excludes certain managers from competitive bid requirements. |
NEUTRAL |
| SB 1698 |
Sen. Iris Martinez, Rep. Robert Martwick |
Would require all pension funds to broadcast meetings live online, with exclusions for portions of meetings where member or beneficiary medical or other privileged information will be discussed. |
NEUTRAL |
| SB 1826 |
Sen. Dan McConchie |
Would allow employers to opt-out of participation in the pension fund. Applicable to all local government pension systems. |
OPPOSE |
| SB 1846 |
Sen. Paul Schimpf |
Would expand the emerging manager definition to include veteran-owned firms. |
NEUTRAL |
| SB 2022 |
Sen. Heather Steans |
Would open a one-year window allowing certain surviving spouses to re-establish eligibility for the surviving spouse benefit. |
NEUTRAL |
| SB 2033 |
Sen. Jason Plummer |
Would limit the amount of retroactive service that elected officials can purchase to 30 days. |
NEUTRAL |
| SB 2060 |
Sen. Iris Martinez |
Would require funds to set the Minority and Woman-owned Business Enterprise (MWBE) investment goals as a percentage of total fees paid, rather than total dollars invested. |
NEUTRAL |
| SB 2062 |
Sen. Iris Martinez |
Would require all public agencies and units of government in Illinois to consider specific sustainability goals. |
NEUTRAL |
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