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<xml>
<title>Illinois General Assembly - Bill Status for HB 1644         </title>
<shortdesc>PEN CD-ANNUAL INCREASES</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Blaine Wilhour and Chris Miller</sponsors>
</sponsor>
<lastaction>
<statusdate>1/7/2025</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>40 ILCS 5/1-155 new</reference><aliasreference></aliasreference><reference>30 ILCS 805/8.47 new</reference><aliasreference></aliasreference><SynopsisText>     Amends the General Provisions Article of the Illinois Pension Code. Provides that the retirement annuity or supplemental annuity for a participant, member, or annuitant in any pension fund or retirement system under the Code shall be subject to annual increases equal to the 10-year moving average of the annual unadjusted percentage increase in the consumer price index-u. Provides that the changes apply without regard to whether the participant is in active service on or after the effective date of the amendatory Act. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/1/2023</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Blaine Wilhour</action>
<statusdate>2/1/2023</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/1/2023</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>3/16/2023</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Chris Miller</action>
<statusdate>1/7/2025</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

