<?xml version='1.0' encoding='UTF-8'?>
<xml>
<title>Illinois General Assembly - Bill Status for HB 1502   </title>
<shortdesc>PEN CD-NEW HIRES-67 TO 62</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Raymond Poe</sponsors>
</sponsor>
<lastaction>
<statusdate>1/8/2013</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>40 ILCS 5/1-160</reference><aliasreference></aliasreference><reference>30 ILCS 805/8.35 new</reference><aliasreference></aliasreference><SynopsisText>     Amends the Illinois Pension Code. In provisions that are applicable to new hires: (i) provides that a member or participant is entitled to a retirement annuity upon written application if he or she has attained age 62 (rather than age 67), has at least 10 years of service credit, and is otherwise eligible under the requirements of the applicable Article and (ii) removes provisions concerning entitlement to a reduced annuity. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/10/2011</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Raymond Poe</action>
<statusdate>2/14/2011</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/14/2011</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/15/2011</statusdate><chamber>House</chamber><action>Assigned to Personnel and Pensions Committee</action>
<statusdate>3/17/2011</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>1/8/2013</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

