HB5540Introduced in the House
PEN CD-IMRF-ANNUITY PAYMENT
Introduced by Tom Weber, District 64
What does this bill do?
Plain-English breakdown
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Official description
Amends the Illinois Municipal Retirement Fund (IMRF) Article of the Illinois Pension Code. Provides that, if the payment of a retirement annuity is made to an annuitant more than one month after that retirement annuity payment became payable, then the Fund shall pay interest to the annuitant in an amount equal to 6% of that payment of the retirement annuity. Amends the Illinois Insurance Code. In provisions concerning the municipal employee's continuance privilege, provides that if an employee has elected to have the monthly premium deducted by the Illinois Municipal Retirement Fund from the employee's monthly pension payment, then the Illinois Municipal Retirement Fund shall promptly remit the premium payments to the insurance company, regardless of whether the employee's monthly pension payment has been paid to the employee. Amends the State Mandates Act to require implementation without reimbursement.
Where it stands
Rule 19(a) / Re-referred to Rules Committee
April 17, 2026
How did lawmakers vote?
HouseStage: House Approp-Pensions & Personnel Committee · March 19, 2026
9
Yes
0
No
2
Absent or Not Voting
11 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 |
|---|---|---|
| Jawaharial Williams | 10 | Not Voting |
| Justin Slaughter | 27 | Yes |
| Lisa Davis | 32 | Yes |
| Will Guzzardi | 39 | Yes |
| Steven Reick | 63 | Yes |
| Maurice West | 67 | Yes |
| Bradley Fritts | 74 | Yes |
| Stephanie Kifowit | 84 | Yes |
| Dagmara Avelar | 85 | Yes |
| Kyle Moore | 99 | Yes |
Bill history
Filed with the Clerk by Rep. Tom Weber
First Reading
Referred to Rules Committee
Assigned to Appropriations-Pensions & Personnel
Do Pass / Short Debate Appropriations-Pensions & Personnel; 009-000-000
Placed on Calendar 2nd Reading - Short Debate
Added Co-Sponsor Rep. Kevin Schmidt
Added Co-Sponsor Rep. Regan Deering
Added Co-Sponsor Rep. Charles Meier
Added Co-Sponsor Rep. Travis Weaver
Added Co-Sponsor Rep. Amy Elik
Added Co-Sponsor Rep. Bradley Fritts
Added Co-Sponsor Rep. Rita Mayfield
Added Co-Sponsor Rep. Natalie A. Manley
Added Chief Co-Sponsor Rep. Stephanie A. Kifowit
Added Chief Co-Sponsor Rep. Dave Severin
Added Chief Co-Sponsor Rep. John M. Cabello
Added Co-Sponsor Rep. Jeff Keicher
Added Co-Sponsor Rep. Tony M. McCombie
Added Co-Sponsor Rep. William E Hauter
Added Co-Sponsor Rep. Joe C. Sosnowski
Added Co-Sponsor Rep. David Friess
Added Co-Sponsor Rep. Daniel J. Ugaste
Added Co-Sponsor Rep. Brandun Schweizer
Added Co-Sponsor Rep. Brad Stephens
Added Co-Sponsor Rep. Jackie Haas
Added Co-Sponsor Rep. Amy L. Grant
Added Co-Sponsor Rep. Kyle Moore
Added Co-Sponsor Rep. Nicole La Ha
Added Co-Sponsor Rep. Michael J. Coffey, Jr.
Added Co-Sponsor Rep. Patrick Windhorst
Added Co-Sponsor Rep. Mary Gill
Added Co-Sponsor Rep. Fred Crespo
Added Co-Sponsor Rep. William "Will" Davis
Added Co-Sponsor Rep. Martin McLaughlin
Added Co-Sponsor Rep. Dennis Tipsword
Added Co-Sponsor Rep. Brad Halbrook
Added Co-Sponsor Rep. Jed Davis
Added Co-Sponsor Rep. Paul Jacobs
Added Co-Sponsor Rep. Ryan Spain
Second Reading - Short Debate
Held on Calendar Order of Second Reading - Short Debate
Added Co-Sponsor Rep. Chris Miller
Added Co-Sponsor Rep. Patrick Sheehan
Rule 19(a) / Re-referred to Rules Committee
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