House Bills
Bill Number | Sponsor | Summary | Board Position |
---|---|---|---|
HB 1277 | Rep. Amy Elik | Expands the felony forfeiture provision to begin suspending a pension for a job-related felony upon indictment or charges, rather than upon conviction. Effective when signed by Gov. |
OPPOSE |
HB 1552 | Rep. Curtis Tarver, II | Adds certain felonies to those for which a SLEP member may be required to forfeit his or her pension. Makes corresponding changes to public safety participants in other systems. |
NEUTRAL |
HB 1614 | Rep. Curtis Tarver, II | Adds certain felonies to those for which a member of any system may be required to forfeit his or her pension. The provisions are also applicable to any spouse who is otherwise eligible for a surviving spouse pension who is convicted of one of these offenses. |
NEUTRAL |
HB 1627 | Rep. Lawrence "Larry" Walsh, Jr. | Allows certain firefighters to participate in IMRF SLEP and creates an occupational disease disability pension for all firefighters participating in IMRF. |
OPPOSE |
HB 1644 | Rep. Blaine Wilhour | Sets annual increases on annuities to the 10-year rolling average of the annual consumer price index-u (CPI-u). This provision applies to current and future annuitants and applies to all Illinois public pension systems. |
OPPOSE |
HB 1645 | Rep. Blaine Wilhour | Sets a maximum total annual pension, indexed annually. Applies to new and current annuitants. |
OPPOSE |
HB 2089 | Rep. Thaddeus Jones | Changes various references from the Public Pension Division of the Department of Financial and Professional Regulation to the Public Pension Division of the Department of Insurance. |
NEUTRAL |
HB 2427 | Rep. Camille Y. Lilly | Requires all pension systems, except Article 3 & 4 police and fire funds, to determine the financial risk of climate change on their investments and to update their investment policies to the sources of data were used to make certain projections. It would then authorize funds to add this risk factor to the proxy policy. |
OPPOSE |
HB 2488 | Rep. Maurice A. West II | In the portion applicable to IMRF, it removes the reference to the county coroner as an official able to participate in the Elected County Official (ECO) plan. | NEUTRAL |
HB 3037 | Rep. Will Guzzardi | The bill would require divestment from all direct and most indirect investments in certain investments connected to fossil fuels and fossil fuel production. Funds would be required to issue an annual report reviewing its environmental, social, and governance investment policies. |
OPPOSE* |
HB 3137 | Rep. Katie Stuart | Allows employers to place full-time emergency medical technicians into SLEP by resolution. |
NEUTRAL |
HB 3485 | Rep. Lamont J. Robinson, Jr. | Requires all funds to indemnify all trustees and staff against damage claims and suits, when the claim is sought for negligent or wrongful acts in the scope of employment or at the direction of the trustees. |
SUPPORT |
HB 3519 | Rep. Stephanie A. Kifowit | In the provisions applicable to IMRF, the bill increases certain benefits for Tier 2 members, including retirement age, FRE, annual increases, and reportable wages. These changes are retroactive to January 1, 2011. |
OPPOSE* |
HB 3520 | Rep. Stephanie A. Kifowit | In the provisions applicable to IMRF, the bill increases certain benefits for Tier 2 members, including retirement age, FRE, annual increases, and reportable wages. The bill would also include county correctional officer or probation officer. These changes are retroactive to January 1, 2011. |
OPPOSE |
HB 3575 | Rep. Rita Mayfield | In the provision applicable to IMRF, it removes a reference to conservation police officers participating with SERS who are eligible to transfer IMRF service credit to SERS. |
NEUTRAL |
*Pending recommendation by the Legislative Committee and approval by the IMRF Board of Trustees
Senate Bills
Bill Number | Sponsor | Summary | Board Position |
---|---|---|---|
SB 65 | Senator Laura Fine |
Allows municipalities that have either created an Article 3 downstate police or Article 4 downstate fire fund by referendum and remain below 5k in pop. or were mandated to do because they were above 5k in pop. and have since dropped below that threshold may close the fund or funds by referendum and enroll new members in IMRF. Effective when signed by Gov. |
OPPOSE |
SB 238 | Sen. Craig Wilcox |
In the provisions applicable to IMRF, expands the MWDBE provisions regarding investment managers and brokers, as well as contracts, to include entities owned by veterans (currently includes only firms owned by minorities, women, or persons with a disability). Applies to all pension funds. |
NEUTRAL* |
SB 280 | Sen. Dale Fowler |
Changes a reference to the “Illinois Gaming Board” to the “Department of Lottery and Gaming.” |
NEUTRAL |
SB 1582 | Sen. Doris Turner |
Creates a six-month window to allow active IMRF members to transfer their police pension fund service to IMRF. |
OPPOSE* |
SB 1692 | Sen. Robert F. Martwick |
Creates a permanent transfer window to allow inactive IMRF members to transfer certain IMRF service credit to a police pension fund. It also extends a deadline for members to reinstate a refund under a former transfer window from 60 days after application to 90 days and removes language that created a temporary transfer window that has since closed. |
OPPOSE* |
SB 1825 | Sen. Karina Villa | Allows IMRF Board to impose up to 100% of the liability that arises when a retiree returns to work in a qualifying position and is not reported to IMRF and continues to receive his/her pension OR if the retiree does not separate from service from all IMRF employers (except for elected officials when no part of the pension was earned for that position) for at least 60 days after the pension start date. |
SUPPORT |
SB 2024 | Sen. Robert F. Martwick |
Makes various changes to the Tier 2 benefit plan for members participating with educational employers, including increasing the annual increase, decreasing the number of months included in the final rate of earnings, decreasing the retirement age, and decreasing the annual reduction for retirement prior to age 67. Makes similar changes to TRS and SURS. |
OPPOSE |
* Indicates pending board approval