HB 4292

  • Illinois House Bill
  • 102nd Regular Session
  • Introduced in House Feb 24, 2022
  • Passed House Feb 24, 2022
  • Passed Senate Mar 29, 2022
  • Became Law May 05, 2022

Pen Cd-Accelerated Benefit

Abstract

Amends the General Obligation Bond Act. Authorizes an additional $1,000,000,000 of State Pension Obligation Acceleration Bonds. Makes a conforming change. Amends the State Employees, State Universities, and Downstate Teachers Articles of the Illinois Pension Code. Extends the option for a participant to receive an accelerated pension benefit payment in lieu of any pension benefit or for a reduction in the increases to his or her annual retirement annuity and survivor's annuity to June 30, 2026 (instead of June 30, 2024). Effective immediately.

Bill Sponsors (23)

Votes


Actions


May 05, 2022

House

Public Act . . . . . . . . . 102-0718

House

Effective Date May 5, 2022

House

Governor Approved

Apr 18, 2022

House

Sent to the Governor

Mar 29, 2022

Senate

Third Reading - Passed; 052-001-000

House

Passed Both Houses

Mar 23, 2022

Senate

Placed on Calendar Order of 3rd Reading March 24, 2022

Senate

Second Reading

Mar 09, 2022

Senate

Do Pass Pensions; 008-001-000

Senate

Placed on Calendar Order of 2nd Reading March 10, 2022

Mar 02, 2022

Senate

Assigned to Pensions

Feb 24, 2022

House

Added Co-Sponsor Rep. Bradley Stephens

House

Added Co-Sponsor Rep. Eva Dina Delgado

House

Added Co-Sponsor Rep. Jaime M. Andrade, Jr.

House

Added Co-Sponsor Rep. Michael Kelly

House

Added Co-Sponsor Rep. Deanne M. Mazzochi

House

Added Co-Sponsor Rep. Martin McLaughlin

House

Added Co-Sponsor Rep. Amy Grant

House

Added Co-Sponsor Rep. Mark Luft

House

Added Co-Sponsor Rep. Jeff Keicher

House

Added Co-Sponsor Rep. Tim Ozinga

House

Added Co-Sponsor Rep. Chris Bos

House

Added Co-Sponsor Rep. Andrew S. Chesney

House

Added Co-Sponsor Rep. Suzanne Ness

Senate

Arrive in Senate

Senate

Placed on Calendar Order of First Reading

Senate

Chief Senate Sponsor Sen. Robert F. Martwick

Senate

First Reading

Senate

Referred to Assignments

House

Third Reading - Short Debate - Passed 108-002-000

House

Added Co-Sponsor Rep. Sue Scherer

House

Added Co-Sponsor Rep. Thomas M. Bennett

Feb 23, 2022

House

Placed on Calendar Order of 3rd Reading - Short Debate

Feb 22, 2022

House

Removed from Consent Calendar Status Rep. Bob Morgan

House

Held on Calendar Order of Second Reading - Short Debate

Feb 17, 2022

House

Held on Calendar Order of Second Reading - Consent Calendar

House

Second Reading - Consent Calendar

Jan 28, 2022

House

Added Co-Sponsor Rep. Daniel Didech

Jan 26, 2022

House

Added Co-Sponsor Rep. Steven Reick

Jan 24, 2022

House

Added Co-Sponsor Rep. Janet Yang Rohr

House

Added Chief Co-Sponsor Rep. Margaret Croke

Jan 21, 2022

House

Placed on Calendar 2nd Reading - Consent Calendar

Jan 20, 2022

House

Do Pass / Consent Calendar Personnel & Pensions Committee; 008-000-000

Jan 11, 2022

House

Assigned to Personnel & Pensions Committee

Jan 05, 2022

House

First Reading

House

Referred to Rules Committee

Dec 22, 2021

House

Added Chief Co-Sponsor Rep. Michael J. Zalewski

House

Added Chief Co-Sponsor Rep. Mark Batinick

Dec 20, 2021

House

Filed with the Clerk by Rep. Bob Morgan

Bill Text

Bill Text Versions Format
Introduced HTML PDF
Engrossed HTML PDF
Enrolled HTML PDF

Related Documents

Document Format
Public Act

Sources

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