HB1871Introduced in the House
PENCD-SERS-ALTERNATIVE ANNUITY
Introduced by Stephanie Kifowit, District 84
What does this bill do?
Plain-English breakdown
Writing a plain-English summary of this bill… this can take a few seconds the first time.
Official description
Amends the State Employee Article of the Illinois Pension Code. Provides that a member who is eligible to receive an alternative retirement annuity may elect to receive an estimated payment that shall commence no later than 30 days after the later of either the member's last day of employment or 30 days after the member files for the retirement benefit with the System. Provides that the estimated payment shall be the best estimate by the System of the total monthly amount due to the member based on the information that the System possesses at the time of the estimate. Provides that if the amount of the estimate is greater or less than the actual amount of the monthly annuity, the System shall pay or recover the difference within 6 months after the start of the monthly annuity. Excludes a benefit increase resulting from the amendatory Act from the definition of "new benefit increase". Effective immediately.
Where it stands
Rule 19(a) / Re-referred to Rules Committee
April 11, 2025
How did lawmakers vote?
HouseStage: House Personnel & Pensions Committee · March 6, 2025
6
Yes
0
No
0
Absent or Not Voting
6 representatives recorded in this House vote. Colors show vote categories only, not whether a vote was good or bad.
See how each representative voted
| Representative | District | Vote |
|---|---|---|
| Michael Kelly | 15 | Yes |
| Janet Yang Rohr | 41 | Yes |
| Martha Deuter | 45 | Yes |
| Steven Reick | 63 | Yes |
| Travis Weaver | 93 | Yes |
| Kyle Moore | 99 | Yes |
Bill history
Filed with the Clerk by Rep. Stephanie A. Kifowit
First Reading
Referred to Rules Committee
Assigned to Personnel & Pensions Committee
Do Pass / Short Debate Personnel & Pensions Committee; 011-000-000
Placed on Calendar 2nd Reading - Short Debate
Second Reading - Short Debate
Held on Calendar Order of Second Reading - Short Debate
Rule 19(a) / Re-referred to Rules Committee
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