PEN CD-IMRF-SEPARATION BENEFIT Senate SponsorsSen. Don Harmon-Iris Y. Martinez and James F. Clayborne, Jr. House Sponsors(Rep. William Davis) 8/5/2016SenatePublic Act . . . . . . . . . 99-0747 40 ILCS 5/7-166from Ch. 108 1/2, par. 7-166Amends the Illinois Municipal Retirement Fund (IMRF) Article of the Illinois Pension Code, allows a participant who is terminating service to elect a separation benefit rather than a retirement annuity if his or her annuity would be less than $100 (now $30) per month. Effective January 1, 2017. 2/18/2016SenateFiled with Secretary by Sen. Don Harmon 2/18/2016SenateFirst Reading 2/18/2016SenateReferred to Assignments 3/2/2016SenateAssigned to Licensed Activities and Pensions 3/3/2016SenateAdded as Chief Co-Sponsor Sen. Iris Y. Martinez 3/3/2016SenateAdded as Co-Sponsor Sen. James F. Clayborne, Jr. 3/17/2016SenateDo Pass Licensed Activities and Pensions; 010-000-000 3/17/2016SenatePlaced on Calendar Order of 2nd Reading April 5, 2016 4/19/2016SenateSecond Reading 4/19/2016SenatePlaced on Calendar Order of 3rd Reading April 20, 2016 4/21/2016SenateThird Reading - Passed; 058-000-000 4/21/2016HouseArrived in House 4/21/2016HouseChief House Sponsor Rep. William Davis 4/21/2016HouseFirst Reading 4/21/2016HouseReferred to Rules Committee 5/2/2016HouseAssigned to Personnel and Pensions Committee 5/11/2016HouseDo Pass / Short Debate Personnel and Pensions Committee; 009-000-000 5/12/2016HousePlaced on Calendar 2nd Reading - Short Debate 5/18/2016HouseSecond Reading - Short Debate 5/18/2016HousePlaced on Calendar Order of 3rd Reading - Short Debate 5/27/2016HouseThird Reading - Short Debate - Passed 108-000-000 5/27/2016SenatePassed Both Houses 6/27/2016SenateSent to the Governor 8/5/2016SenateGovernor Approved 8/5/2016SenateEffective Date January 1, 2017 8/5/2016SenatePublic Act . . . . . . . . . 99-0747