PEN CD-IMRF-TIER 2 Senate SponsorsSen. Cristina Castro 1/13/2021SenateSession Sine Die 40 ILCS 5/1-16040 ILCS 5/7-109.4 new40 ILCS 5/7-109.5 new40 ILCS 5/7-114from Ch. 108 1/2, par. 7-11440 ILCS 5/7-116from Ch. 108 1/2, par. 7-11640 ILCS 5/7-141from Ch. 108 1/2, par. 7-14140 ILCS 5/7-141.140 ILCS 5/7-142from Ch. 108 1/2, par. 7-14240 ILCS 5/7-144from Ch. 108 1/2, par. 7-14440 ILCS 5/7-156from Ch. 108 1/2, par. 7-15630 ILCS 805/8.44 newAmends the General Provisions and Illinois Municipal Retirement Fund (IMRF) Articles of the Illinois Pension Code. Except for persons who elected to establish certain alternative credits, moves provisions concerning Tier 2 members of IMRF from the General Provisions Article to the IMRF Article. Defines Tier 1 regular employee and Tier 2 regular employee. Provides that the increase to the retirement annuity of a Tier 1 regular employee shall be computed from the effective date of the retirement annuity, the first increase being 0.25% (instead of .167%) of the monthly amount times the number of months from the effective date to January 1. Provides that if the employee was a Tier 1 regular employee, the surviving spouse annuity shall be increased by an amount equal to (i) 3% of the original amount thereof if the deceased employee was receiving a retirement annuity at the time of his or her death; otherwise (ii) 0.25% (instead of 0.167%) of the original amount thereof for each complete month that has elapsed since the date the annuity began. Makes other changes. Amends the State Mandates Act to require implementation without reimbursement. 1/28/2020SenateFiled with Secretary by Sen. Cristina Castro 1/28/2020SenateFirst Reading 1/28/2020SenateReferred to Assignments 2/4/2020SenateAssigned to Government Accountability and Ethics 2/19/2020SenateDo Pass Government Accountability and Ethics; 012-000-000 2/19/2020SenatePlaced on Calendar Order of 2nd Reading February 20, 2020 2/25/2020SenateSecond Reading 2/25/2020SenatePlaced on Calendar Order of 3rd Reading February 26, 2020 3/25/2020SenateRule 2-10 Third Reading/Passage Deadline Established As May 7, 2020 4/12/2020SenatePursuant to Senate Rule 3-9(b) / Referred to Assignments 4/23/2020SenateRule 2-10 Third Reading/Passage Deadline Established As May 15, 2020 4/30/2020SenateRule 2-10 Third Reading/Passage Deadline Established As May 22, 2020 5/7/2020SenateRule 2-10 Third Reading/Passage Deadline Established As May 29, 2020 5/15/2020SenateRule 2-10 Third Reading/Passage Deadline Established As May 31, 2020 1/13/2021SenateSession Sine Die