Illinois 93rd Regular Session Status: Passed Senate

SB 892 — PEN CD-ALL FUNDS-MAX ANNUITY

Last action — Session Sine Die

  1. ✓
    Introduced
  2. ✓
    In Committee
  3. 3
    Passed Senate
  4. 4
    Passed House
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 93rd Regular Session. It reached “Passed Senate” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

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 $75,000 per year. Applies only to a person who first becomes a participant on or after the effective date. Effective immediately.

Bill Text

Action History

  1. Session Sine Die

  2. Pursuant to Senate Rule 3-9(b) / Referred to Rules

  3. Third Reading Deadline Extended - Rule 2-10(e) to April 9, 2003.

  4. Placed on Calendar Order of 3rd Reading April 2, 2003

  5. Second Reading

  6. Placed on Calendar Order of 2nd Reading March 18, 2003

  7. Do Pass Insurance & Pensions; 010-000-000

  8. Pension Note Filed As Introduced

  9. To Subcommittee

  10. Assigned to Insurance & Pensions

  11. Referred to Rules

  12. First Reading

  13. Filed with Secretary by Sen. Chris Lauzen

Sponsors

  • Chris Lauzen · Cosponsor

Sponsorship breakdown

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0 sponsors · 1 co-sponsors · 182 not signed on

Sponsors (0)

None.

Co-sponsors (1)

  • Chris Lauzen

Not signed on (182)

182 members have not signed on to this bill.

Show all 182 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

finance
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Frequently asked questions

What does SB 892 do?
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 $75,000 per year. Applies only to a person who first becomes a participant on or after the effective date. Effective immediately.
Who sponsors SB 892?
SB 892 is sponsored by Chris Lauzen.
What is the current status of SB 892?
This bill died with 93rd Regular Session. It reached “Passed Senate” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track SB 892?
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Last checked for changes 3 months ago · updated continuously

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