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<xml>
<title>Illinois General Assembly - Bill Status for HB 1762   </title>
<shortdesc>PEN CD-ART 11-REVERSIONARY</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Michael J. Zalewski</sponsors>
</sponsor>
<lastaction>
<statusdate>1/8/2013</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>40 ILCS 5/11-134.2</reference><aliasreference>from Ch. 108 1/2, par. 11-134.2</aliasreference><reference>30 ILCS 805/8.35 new</reference><aliasreference></aliasreference><SynopsisText>     Amends the Chicago Laborers Article of the Illinois Pension Code. Allows an employee annuitant who has elected the reversionary annuity to cancel the election. Prohibits the option for a reversionary annuity if the reversionary annuity for a widow or any reversionary annuitant, when added to the widow's annuity payable under the Article, exceeds 100% of the reduced annuity payable to the employee. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/16/2011</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Michael J. Zalewski</action>
<statusdate>2/16/2011</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/16/2011</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/22/2011</statusdate><chamber>House</chamber><action>Assigned to Executive 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>

