PENCD-RETIREMENT ANNUITY LIMIT House SponsorsRep. Allen Skillicorn-Blaine Wilhour 1/13/2021HouseSession Sine Die 40 ILCS 5/1-163 new Amends the Illinois Pension Code. Provides that the total amount of the retirement annuity or pension benefits a person may receive from any pension fund or retirement system under the Code in any year shall not exceed $132,900; however, that amount shall annually thereafter be increased by the percentage increase (but not less than zero) in the consumer price index-u for the 12 months ending with the September preceding each November 1, including all previous adjustments. Provides that the changes apply without regard to whether a person became a member, participant, beneficiary, or annuitant before the effective date of the amendatory Act. Effective immediately. 8/2/2019HouseFiled with the Clerk by Rep. Allen Skillicorn 10/7/2019HouseAdded Chief Co-Sponsor Rep. Blaine Wilhour 10/17/2019HouseFirst Reading 10/17/2019HouseReferred to Rules Committee 1/13/2021HouseSession Sine Die