PEN CD-COOK CO-EARNED ANNUITY Senate SponsorsSen. Daniel Biss-Pamela J. Althoff House Sponsors(Rep. Elaine Nekritz-Rita Mayfield-Elgie R. Sims, Jr. and Camille Y. Lilly) 6/28/2013SenatePublic Act . . . . . . . . . 98-0042 40 ILCS 5/9-119.1 newAmends the Cook County Article of the Illinois Pension Code. Defines the term "earned annuity". Effective immediately.House Committee Amendment No. 1 Deletes reference to:40 ILCS 5/9-119.1 newAdds reference to:40 ILCS 5/16-133.2from Ch. 108 1/2, par. 16-133.240 ILCS 5/16-152from Ch. 108 1/2, par. 16-15240 ILCS 5/16-176from Ch. 108 1/2, par. 16-176Deletes everything after the enacting clause. Amends the Downstate Teacher Article of the Illinois Pension Code. Provides that the early retirement without discount option is extended to July 1, 2016 with certain changes: increases the required employee and employer contributions; requires retirement before July 1, 2016; and requires the employee to obtain the approval of the last employer, granted in accordance with criteria adopted by that employer with the mutual consent of the bargaining agent of a majority of the members employed by that employer. Provides that these new conditions do not apply to certain members who (i) attain age 55 during the period July 1, 2013 through December 31, 2013, (ii) file a notice of intent to retire with the employer on or before June 30, 2013, and (iii) have a last day of teaching on or before June 30, 2013. Requires the System to provide to members, within 120 days after the option is terminated, an application for a refund of unused contributions made for that purpose (rather than providing the refund itself within 120 days). Effective immediately. 2/5/2013SenateFiled with Secretary by Sen. Daniel Biss 2/5/2013SenateFirst Reading 2/5/2013SenateReferred to Assignments 2/14/2013SenateAssigned to Licensed Activities and Pensions 2/28/2013SenateDo Pass Licensed Activities and Pensions; 010-000-000 2/28/2013SenatePlaced on Calendar Order of 2nd Reading March 1, 2013 3/1/2013SenateAdded as Chief Co-Sponsor Sen. Pamela J. Althoff 3/1/2013SenateSecond Reading 3/1/2013SenatePlaced on Calendar Order of 3rd Reading March 5, 2013 3/13/2013SenateThird Reading - Passed; 054-000-000 3/13/2013HouseArrived in House 3/13/2013HouseChief House Sponsor Rep. Elaine Nekritz 3/13/2013HouseFirst Reading 3/13/2013HouseReferred to Rules Committee 4/8/2013HouseAssigned to Personnel and Pensions Committee 5/8/2013HouseHouse Committee Amendment No. 1 Filed with Clerk by Rep. Elaine Nekritz 5/8/2013HouseHouse Committee Amendment No. 1 Referred to Rules Committee 5/9/2013HouseHouse Committee Amendment No. 1 Rules Refers to Personnel and Pensions Committee 5/9/2013HouseHouse Committee Amendment No. 1 Adopted in Personnel and Pensions Committee; by Voice Vote 5/9/2013HouseDo Pass as Amended / Short Debate Personnel and Pensions Committee; 007-000-000 5/9/2013HousePlaced on Calendar 2nd Reading - Short Debate 5/14/2013HouseAdded Alternate Chief Co-Sponsor Rep. Rita Mayfield 5/15/2013HouseAdded Alternate Co-Sponsor Rep. Elgie R. Sims, Jr. 5/16/2013HouseAlternate Co-Sponsor Removed Rep. Elgie R. Sims, Jr. 5/16/2013HouseAdded Alternate Chief Co-Sponsor Rep. Elgie R. Sims, Jr. 5/23/2013HouseSecond Reading - Short Debate 5/23/2013HouseHeld on Calendar Order of Second Reading - Short Debate 5/24/2013HouseFinal Action Deadline Extended-9(b) May 31, 2013 5/29/2013HousePlaced on Calendar Order of 3rd Reading - Short Debate 5/30/2013HouseThird Reading - Short Debate - Passed 116-000-000 5/30/2013SenateSecretary's Desk - Concurrence House Amendment(s) 1 5/30/2013SenatePlaced on Calendar Order of Concurrence House Amendment(s) 1 - May 31, 2013 5/30/2013SenateHouse Committee Amendment No. 1 Motion to Concur Filed with Secretary Sen. Daniel Biss 5/30/2013SenateHouse Committee Amendment No. 1 Motion to Concur Referred to Assignments 5/30/2013SenateHouse Committee Amendment No. 1 Motion to Concur Assignments Referred to Licensed Activities and Pensions 5/30/2013HouseAdded Alternate Co-Sponsor Rep. Camille Y. Lilly 5/30/2013SenateHouse Committee Amendment No. 1 Motion To Concur Recommended Do Adopt Licensed Activities and Pensions; 010-000-000 5/31/2013SenateHouse Committee Amendment No. 1 Senate Concurs 056-002-000 5/31/2013SenatePassed Both Houses 6/19/2013SenateSent to the Governor 6/28/2013SenateGovernor Approved 6/28/2013SenateEffective Date June 28, 2013 6/28/2013SenatePublic Act . . . . . . . . . 98-0042