HB 2435 Illinois House · 93rd Regular Session

PEN CD-MWRD-ADMINISTRATIVE PKG

Summary
Amends the Metropolitan Water Reclamation District Article of the Illinois Pension Code. Provides a minimum annuity for certain retirees and surviving spouses. Authorizes employer pickup and tax-deferred status for contributions made toward the alternative plan for commissioners. With respect to the 5 years of service needed to establish eligibility for a disability retirement annuity, excludes service credit earned while on disability for new employees. Clarifies the calculation of service with respect to the Optional Plan. Allows an employee who has returned to service to repay a prior refund within the 90 days following his or her final withdrawal from service. Allows payment of a refund to certain nonvested employees who are under age 55 (rather than 50). Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.
Bill status failed 1 of 4 stages cleared
Introduction
Mar 2003
Committee Review
Floor Vote
Governor
Introduced Mar 11, 2003 Last action Jan 11, 2005
Floor votes

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Full legislative history

Actions timeline

Total actions
11
Key actions
0
Committee
3
Mar 13, 2003
Committee
Rule 19(a) / Re-referred to Rules Committee
lower
Feb 26, 2003
Committee
Assigned to Executive Committee
lower
Feb 20, 2003
Committee
Referred to Rules Committee
lower
0 primary · 1 co-sponsor

Sponsors

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