PEN CD-MWRD-CONTRIBUTIONS/LEVY
Summary
Amends the Metropolitan Water Reclamation District Article of the Illinois Pension Code. Increases the required employee contributions of persons who first became employees of the Fund or certain reciprocal systems before January 1, 2011. Changes the manner in which the District calculates its required contribution and tax levy. The new contribution amount is calculated as the employer's normal cost plus the annual amount needed to amortize the unfunded liability by the year 2050 as a level percent of payroll, but shall not exceed an amount equal to the total employee contributions 2 years prior multiplied by 4.19 (currently 2.19). States that the funding goal is to attain a funded ratio of at least 90% by the year 2050. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.
Bill status
signed
all 5 stages cleared
Introduction
Mar 2012
Committee Review
May 2012
House Passage
May 2012
Senate Passage
May 2012
Signed into Law
Aug 2012
Introduced Mar 30, 2012
Signed Aug 3, 2012
Floor votes · Senate May 31, 2012 · House Mar 29, 2012
How they voted
49–2
Passed · 7 other
Total votes 58
May 31, 2012
D
Democratic34
91% Yea
R
Republican24
75% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
47
Key actions
11
Committee
15
Amendments
4
Aug 3, 2012
Signed into law
Governor Approved
lower
May 31, 2012
Lower · Passed
Passed Both Houses
lower
May 31, 2012
Amended
Senate Committee Amendment No. 1 Tabled Pursuant to Rule 5-4(a)
upper
May 31, 2012
Senate · Passed
Senate Vote: pass (49-2-7)
senate
May 4, 2012
Committee
Senate Committee Amendment No. 1 Rule 3-9(a) / Re-referred to Assignments
upper
May 2, 2012
Upper · Passed
Do Pass Pensions and Investments; 007-001-001
upper
May 2, 2012
Upper · Passed
Senate Committee Amendment No. 1 Postponed - Pensions and Investments
upper
May 2, 2012
Upper · Passed
Senate Committee Amendment No. 1 Assignments Refers to Pensions and Investments
upper
May 2, 2012
Committee
Senate Committee Amendment No. 1 Referred to Assignments
upper
May 2, 2012
Introduced
Senate Committee Amendment No. 1 Filed with Secretary by Sen. John J. Cullerton
upper
Apr 17, 2012
Committee
Assigned to Pensions and Investments
upper
Mar 30, 2012
Committee
Referred to Assignments
upper
Mar 30, 2012
Introduced
Arrive in Senate
upper
Mar 29, 2012
Lower · Passed
House Floor Amendment No. 1 Adopted by Voice Vote
lower
Mar 29, 2012
Lower · Passed
House Floor Amendment No. 1 Recommends Be Adopted Rules Committee; 004-000-000
lower
Mar 29, 2012
Committee
House Floor Amendment No. 1 Referred to Rules Committee
lower
Mar 29, 2012
Introduced
House Floor Amendment No. 1 Filed with Clerk by Rep. Elaine Nekritz
lower
Mar 29, 2012
House · Passed
House Vote: pass (109-0-8)
house
Mar 28, 2012
Lower · Passed
Do Pass / Short Debate Personnel and Pensions Committee; 008-000-000
lower
Mar 21, 2012
Committee
Assigned to Personnel and Pensions Committee
lower
Mar 21, 2012
Lower · Passed
Committee Deadline Extended-Rule 9(b) March 30, 2012
lower
Mar 9, 2012
Committee
Rule 19(a) / Re-referred to Rules Committee
lower
Feb 17, 2012
Committee
Assigned to Personnel and Pensions Committee
lower
Jan 31, 2012
Committee
Referred to Rules Committee
lower
0 primary · 1 co-sponsor
Sponsors
No sponsor information available.
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