PEN CD-TRS-EMPLOYMENT Senate SponsorsSen. Dave Syverson and Brian W. Stewart House Sponsors(Rep. Jeff Keicher and Barbara Hernandez) 5/13/2022SenatePublic Act . . . . . . . . . 102-0871 40 ILCS 5/16-132from Ch. 108 1/2, par. 16-13240 ILCS 5/16-203Amends the Downstate Teacher Article of the Illinois Pension Code. Provides that the effective date of a retirement annuity may be after the date of official termination of employment but before de minimis posttermination employment as long as such employment is (1) less than 10 days in length, (2) less than $2,000 in compensation, and (3) is deemed de minimis by the System. Provides that any benefit increase that results from the amendatory Act is excluded from the definition of "new benefit increase". Effective immediately.Senate Floor Amendment No. 2 Replaces everything after the enacting clause with the provisions of the introduced bill and makes the following changes: Provides that the effective date of a retirement annuity may be after the date of official termination of employment (rather than after the date of official termination of employment but before de minimis posttermination employment) as long as such employment is for (1) less than 10 days in length and (2) less than $2,000 in compensation. Removes a requirement that the employment must be deemed de minimis by the System. Effective immediately. 1/21/2022SenateFiled with Secretary by Sen. Dave Syverson 1/21/2022SenateFirst Reading 1/21/2022SenateReferred to Assignments 2/1/2022SenateAssigned to Pensions 2/8/2022SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. Dave Syverson 2/8/2022SenateSenate Committee Amendment No. 1 Referred to Assignments 2/9/2022SenateDo Pass Pensions; 008-000-000 2/9/2022SenatePlaced on Calendar Order of 2nd Reading February 10, 2022 2/10/2022SenateSecond Reading 2/10/2022SenatePlaced on Calendar Order of 3rd Reading February 15, 2022 2/16/2022SenateSenate Floor Amendment No. 2 Filed with Secretary by Sen. Dave Syverson 2/16/2022SenateSenate Floor Amendment No. 2 Referred to Assignments 2/22/2022SenateSenate Floor Amendment No. 2 Assignments Refers to Pensions 2/22/2022SenateAdded as Co-Sponsor Sen. Brian W. Stewart 2/23/2022SenateSenate Floor Amendment No. 2 Recommend Do Adopt Pensions; 008-000-000 2/25/2022SenateRecalled to Second Reading 2/25/2022SenateSenate Floor Amendment No. 2 Adopted; Syverson 2/25/2022SenatePlaced on Calendar Order of 3rd Reading 2/25/2022SenateThird Reading - Passed; 054-000-000 2/25/2022SenateSenate Committee Amendment No. 1 Tabled Pursuant to Rule 5-4(a) 2/28/2022HouseArrived in House 3/7/2022HouseChief House Sponsor Rep. Jeff Keicher 3/7/2022HouseFirst Reading 3/7/2022HouseReferred to Rules Committee 3/9/2022HouseAssigned to Personnel & Pensions Committee 3/17/2022HouseDo Pass / Short Debate Personnel & Pensions Committee; 008-000-000 3/17/2022HousePlaced on Calendar 2nd Reading - Short Debate 3/23/2022HouseSecond Reading - Short Debate 3/23/2022HousePlaced on Calendar Order of 3rd Reading - Short Debate 4/1/2022HouseThird Reading - Short Debate - Passed 107-000-000 4/1/2022SenatePassed Both Houses 4/1/2022HouseAdded Alternate Co-Sponsor Rep. Barbara Hernandez 4/29/2022SenateSent to the Governor 5/13/2022SenateGovernor Approved 5/13/2022SenateEffective Date May 13, 2022 5/13/2022SenatePublic Act . . . . . . . . . 102-0871