PEN CD-ALL FUNDS-MAX ANNUITY
Summary
Amends the General Provisions Article of the Illinois Pension Code. Provides that the total retirement annuity, including any automatic, one-time, or other increases in that annuity, shall not ever exceed $100,000 per year. Applies only to a person who first becomes a participant on or after the effective date. Effective immediately.
Bill status
failed
1 of 4 stages cleared
Introduction
Feb 2009
Committee Review
Floor Vote
Governor
Introduced Feb 20, 2009
Last action Jan 12, 2011
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
8
Key actions
0
Committee
3
Jan 12, 2011
Senate · Failed
Session Sine Die
Mar 13, 2009
Senate · Referred to committee
Rule 3-9(a) / Re-referred to Assignments
Mar 4, 2009
Senate · Referred to committee
Assigned to Pensions and Investments
Feb 20, 2009
Senate · Referred to committee
Referred to Assignments
0 primary · 1 co-sponsor
Sponsors
Role
Legislator
Party
State
District
Co
Chris Lauzen
RRepublican
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