summary
Introduced
01/22/2025
01/22/2025
In Committee
03/21/2025
03/21/2025
Crossed Over
Passed
Dead
Introduced Session
Potential new amendment
104th General Assembly
Bill Summary
Amends the General Provisions and State Employees Articles of the Illinois Pension Code. Provides that a Tier 2 participant who is employed as an investigator for the Secretary of State or as a conservation police officer on the effective date of the amendatory Act, has accrued not less than 10 years of credit for such service, and has attained age 60 shall be entitled to an annuity calculated under the alternative retirement annuity provisions of the State Employees Article, in lieu of a regular or minimum retirement annuity, notwithstanding that he or she has accrued less than 20 years of eligible creditable service. Provides that any benefit increase that results from the amendatory Act is excluded from the definition of "new benefit increase". Makes conforming changes. Effective immediately.
AI Summary
This bill amends the Illinois Pension Code to provide a special retirement benefit for certain investigators for the Secretary of State and conservation police officers. Specifically, the bill allows an investigator for the Secretary of State or a conservation police officer who is employed on the effective date of the bill, has accrued at least 10 years of credit for such service, and has reached age 60 to be eligible for an alternative retirement annuity under Section 14-110 of the Pension Code. This is a significant change because it allows these employees to qualify for the alternative annuity even if they have less than the previously required 20 years of eligible creditable service. The bill also ensures that any benefit increase resulting from this amendment is excluded from the definition of a "new benefit increase" under the pension code, which helps protect the provision from potential future limitations. The change is designed to provide more flexible retirement options for specific categories of state employees who work in investigative or law enforcement roles, recognizing the unique nature of their public service.
Committee Categories
Labor and Employment
Sponsors (1)
Last Action
Senate Committee Amendment No. 1 Rule 3-9(a) / Re-referred to Assignments (on 03/21/2025)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=242&GAID=18&DocTypeID=SB&SessionID=114&GA=104 |
| Senate Amendment 001 | https://www.ilga.gov/legislation/104/SB/10400SB0242sam001.htm |
| BillText | https://www.ilga.gov/legislation/104/SB/10400SB0242.htm |
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