PEN CD-CHI LABORERS-ANNUITY Senate SponsorsSen. Robert F. Martwick and Karina Villa House Sponsors(Rep. Eva-Dina Delgado) 8/11/2023SenatePublic Act . . . . . . . . . 103-0553 40 ILCS 5/11-159from Ch. 108 1/2, par. 11-15940 ILCS 5/11-159.1 new30 ILCS 805/8.47 newAmends the Chicago Laborer Article of the Illinois Pension Code. For Tier 1 participants: provides that if the minimum annuity applies and is greater than the annuity provided under the annuity after withdrawal while disabled provisions, then the minimum annuity shall apply; provides that the annuity for withdrawal while disabled shall be subject to automatic annual increases; provides that if the minimum widow's annuity applies and is greater than the spouse's annuity under the annuity after withdrawal while disabled provisions, then the minimum widow's annuity shall apply; and provides that any widow's annuity shall not be subject to any automatic annual increases. For Tier 2 participants: provides that an employee whose disability continues after the employee has received ordinary disability benefits for the maximum period of time and who withdraws before becoming eligible for a retirement annuity while still so disabled is entitled to receive an annuity in such amount as can be provided from the total sum accumulated to the employee's credit from employee and employer contributions, to be computed as of the employee's age on the date of withdrawal; provides that the annuity shall not be subject to any automatic annual increases and that the minimum annuity shall not apply; provides that the annuity to which the employee's spouse shall be entitled upon the employee's death shall be fixed on the date of the employee's withdrawal and shall be provided on a reversionary annuity basis; and provides that the annuity shall not be subject to any automatic annual increases and that the minimum widow's annuity shall not apply. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.House Floor Amendment No. 1 Adds reference to:40 ILCS 5/14-126.5 newReplaces everything after the enacting clause. Reinserts the provisions of the engrossed bill with the following changes. Further amends the Illinois Pension Code. In the State Employees Articles of the Code, provides that a Tier 2 employee whose disability continues but whose disability benefit is terminated due to attaining age 65 or terminated after 5 years because the ordinary disability benefit commenced after age 60 shall immediately qualify to begin receiving a Tier 2 retirement annuity without reduction due to age if the employee has earned at least 10 years of service credit. 2/8/2023SenateFiled with Secretary by Sen. Robert F. Martwick 2/8/2023SenateFirst Reading 2/8/2023SenateReferred to Assignments 2/14/2023SenateAssigned to Senate Special Committee on Pensions 2/22/2023SenateDo Pass Senate Special Committee on Pensions; 011-000-000 2/22/2023SenatePlaced on Calendar Order of 2nd Reading February 23, 2023 2/22/2023SenateAdded as Co-Sponsor Sen. Karina Villa 3/7/2023SenateSecond Reading 3/7/2023SenatePlaced on Calendar Order of 3rd Reading March 8, 2023 3/30/2023SenateThird Reading - Passed; 054-000-000 3/31/2023HouseArrived in House 3/31/2023HouseChief House Sponsor Rep. Eva-Dina Delgado 4/11/2023HouseFirst Reading 4/11/2023HouseReferred to Rules Committee 4/18/2023HouseAssigned to Personnel & Pensions Committee 4/27/2023HouseDo Pass / Short Debate Personnel & Pensions Committee; 006-003-000 4/27/2023HousePlaced on Calendar 2nd Reading - Short Debate 5/2/2023HouseSecond Reading - Short Debate 5/2/2023HousePlaced on Calendar Order of 3rd Reading - Short Debate 5/9/2023HouseHouse Floor Amendment No. 1 Filed with Clerk by Rep. Eva-Dina Delgado 5/9/2023HouseHouse Floor Amendment No. 1 Referred to Rules Committee 5/10/2023HouseHouse Floor Amendment No. 1 Rules Refers to Personnel & Pensions Committee 5/11/2023HouseHouse Floor Amendment No. 1 Recommends Be Adopted Personnel & Pensions Committee; 006-002-000 5/12/2023HouseRecalled to Second Reading - Short Debate 5/12/2023HouseHouse Floor Amendment No. 1 Adopted 5/12/2023HousePlaced on Calendar Order of 3rd Reading - Short Debate 5/12/2023HouseThird Reading - Short Debate - Passed 073-037-001 5/15/2023SenateSecretary's Desk - Concurrence House Amendment(s) 1 5/15/2023SenatePlaced on Calendar Order of Concurrence House Amendment(s) 1 - May 16, 2023 5/16/2023SenateHouse Floor Amendment No. 1 Motion to Concur Filed with Secretary Sen. Robert F. Martwick 5/16/2023SenateHouse Floor Amendment No. 1 Motion to Concur Referred to Assignments 5/16/2023SenateHouse Floor Amendment No. 1 Motion to Concur Assignments Referred to Senate Special Committee on Pensions 5/18/2023SenateHouse Floor Amendment No. 1 Motion To Concur Recommended Do Adopt Senate Special Committee on Pensions; 011-000-000 5/19/2023SenateHouse Floor Amendment No. 1 Senate Concurs 056-000-000 5/19/2023SenateSenate Concurs 5/19/2023SenatePassed Both Houses 6/16/2023SenateSent to the Governor 8/11/2023SenateGovernor Approved 8/11/2023SenateEffective Date August 11, 2023 8/11/2023SenatePublic Act . . . . . . . . . 103-0553