PEN CD-STATE FUND-AGE/ANNUITY Senate SponsorsSen. Chris Lauzen, Dan Duffy, Kyle McCarter, Shane Cultra, Carole Pankau, Thomas Johnson, Ron Sandack and Pamela J. Althoff 1/8/2013SenateSession Sine Die 40 ILCS 5/1-117.1 new40 ILCS 5/1-170 newAmends the General Provisions Article of the Illinois Pension Code. Provides that the total retirement annuity of a participant in a State-funded retirement system who first became a participant before January 1, 2011 shall not exceed $120,000 per year. Provides that a participant who first became a participant before January 1, 2011 is not eligible to retire from a State-funded retirement system before reaching age 62. Provides that these changes do not apply to a participant who is eligible to retire within 8 years after the effective date of the amendatory Act, regardless of whether the participant actually retires during that period. Effective immediately. 10/25/2011SenateFiled with Secretary by Sen. Chris Lauzen 10/25/2011SenateFirst Reading 10/25/2011SenateReferred to Assignments 10/26/2011SenateAdded as Co-Sponsor Sen. Dan Duffy 10/26/2011SenateAdded as Co-Sponsor Sen. Kyle McCarter 10/26/2011SenateAdded as Co-Sponsor Sen. Shane Cultra 10/26/2011SenateAdded as Co-Sponsor Sen. Kirk W. Dillard 10/26/2011SenateAdded as Co-Sponsor Sen. Carole Pankau 10/26/2011SenateAdded as Co-Sponsor Sen. Thomas Johnson 10/26/2011SenateAdded as Co-Sponsor Sen. Ron Sandack 11/4/2011SenateAdded as Co-Sponsor Sen. Pamela J. Althoff 1/24/2012SenateAssigned to Pensions and Investments 1/31/2012SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. Chris Lauzen 1/31/2012SenateSenate Committee Amendment No. 1 Referred to Assignments 1/31/2012SenateSponsor Removed Sen. Kirk W. Dillard 2/7/2012SenateSenate Committee Amendment No. 1 Assignments Refers to Pensions and Investments 2/24/2012SenateSenate Committee Amendment No. 1 To Pensions & Investments Subcommittee on Pension Reforms 2/24/2012SenateTo Pensions & Investments Subcommittee on Pension Reforms 3/9/2012SenateRule 2-10 Committee Deadline Established As March 30, 2012 3/30/2012SenateSenate Committee Amendment No. 1 Rule 3-9(a) / Re-referred to Assignments 3/30/2012SenateRule 3-9(a) / Re-referred to Assignments 1/8/2013SenateSession Sine Die