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HB 1277 Illinois House · 98th Regular Session

PENCD-ST SYS-NEW COST METHOD

Summary
Amends the Illinois Pension Code. In the current funding provisions of the 5 State-funded retirement systems, changes the actuarial cost method from "projected unit credit" to "entry age normal". Effective immediately.
Bill status failed 3 of 5 stages cleared
Introduction
Apr 2013
Committee Review
Aug 2013
House Passage
Apr 2013
Senate Passage
Governor
Introduced Apr 12, 2013 Last action Dec 3, 2014
Floor votes · House Apr 12, 2013

How they voted

96–0
Passed · 10 other
Total votes 106
Apr 12, 2013
D Democratic64
58 Yea 6
90% Yea
R Republican42
38 Yea 4
90% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
20
Key actions
4
Committee
8
Aug 9, 2013
Committee
Pursuant to Senate Rule 3-9(b) / Referred to Assignments
upper
May 10, 2013
Upper · Passed
Rule 2-10 Committee Deadline Established As May 31, 2013
upper
May 1, 2013
Upper · Passed
To Subcommittee on Special Issues (EX)
upper
Apr 24, 2013
Committee
Assigned to Executive
upper
Apr 18, 2013
Committee
Referred to Assignments
upper
Apr 12, 2013
Introduced
Arrive in Senate
upper
Apr 12, 2013
House · Passed
House Vote: pass (96-0-10)
house
Mar 21, 2013
Lower · Passed
Do Pass / Short Debate Personnel and Pensions Committee; 010-000-000
lower
Feb 13, 2013
Committee
Assigned to Personnel and Pensions Committee
lower
Feb 5, 2013
Committee
Referred to Rules Committee
lower
0 primary · 1 co-sponsor

Sponsors

No sponsor information available.