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<xml>
<title>Illinois General Assembly - Bill Status for HB 2997         </title>
<shortdesc>PEN CD-TRS-AGE&amp;SERVICE CREDIT</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Dave Severin, Will Guzzardi, Amy Grant, Chris Bos, Michael T. Marron and William Davis</sponsors>
</sponsor>
<lastaction>
<statusdate>1/10/2023</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>40 ILCS 5/1-160</reference><aliasreference></aliasreference><reference>40 ILCS 5/16-127</reference><aliasreference>from Ch. 108 1/2, par. 16-127</aliasreference><reference>40 ILCS 5/16-133</reference><aliasreference>from Ch. 108 1/2, par. 16-133</aliasreference><reference>40 ILCS 5/16-203</reference><aliasreference></aliasreference><SynopsisText>     Amends the General Provisions and Downstate Teacher Articles of the Illinois Pension Code. Provides that a teacher may establish one additional day of service credit for each day of service credit that was earned between March 16, 2020 and June 30, 2021 in which the teacher provided in-person instruction if he or she pays certain contributions and supplies satisfactory evidence. For a Tier 1 member, provides that the System shall waive the reduction in retirement annuity for persons who retire before age 60 if the member has attained age 59 and earned service credit in the 2020-2021 school. For a Tier 2 member, provides that the reduction in retirement annuity for persons who retire before age 67 shall be waived if the member has attained age 66 and earned service credit in the 2020-2021 school year. For a Tier 1 member who earned service credit in the 2020-2021 school year and has not attained age 59 or a Tier 2 member who earned service credit in the 2020-2021 school year and has not attained age 66, provides that the member shall be deemed to be one year older than his or her actual age for purposes of provisions concerning a reduction in retirement annuity due to a member's age. Provides that any benefit increase that results from the amendatory Act is excluded from the definition of "new benefit increase". Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/18/2021</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Dave Severin</action>
<statusdate>2/19/2021</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/19/2021</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>3/9/2021</statusdate><chamber>House</chamber><action>Assigned to Personnel &amp; Pensions Committee</action>
<statusdate>3/21/2021</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Will Guzzardi</action>
<statusdate>3/26/2021</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Amy Grant</action>
<statusdate>3/26/2021</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Chris Bos</action>
<statusdate>3/26/2021</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Michael T. Marron</action>
<statusdate>3/26/2021</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. William Davis</action>
<statusdate>3/27/2021</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>1/10/2023</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

