Wednesday, April 17, 2013

Rep Jeanne Ives on HB116

Via Rep Ives Facebook page,

Lawmakers in the State House took a meaningful step in the right direction on pension reform on April 12 by passing HB116, sponsored by Rep. Jeanne Ives, which limits pension eligibility for members of various state commissions. 
This bill amends the State Employee Article of the Illinois Pension Code and provides that no member of the Civil Service Commission, Board of Review of the Department of Employment Security (other than the Director of Employment Security), Civil Service Commission, Illinois Liquor Control Commission, Secretary of State Merit Commission, Human Rights Commission, State Mining Board, Property Tax Appeal Board, Illinois Racing Board, Department of State Police Merit Board, Illinois State Toll Highway Authority, or Illinois State Board of Elections may establish creditable service in the State Employees' Retirement System of Illinois on or after the effective date of the amendatory Act for service in that capacity.  
“I have promised to take any steps, big or small, to reducing the state’s crippling unfunded pension liability. HB 116 is a necessary step in the process,” states Ives. “I thank all those who supported this bill in committee and who voted "Yes" today for standing up for reform and the interests of Illinois tax-payers.”http://www.ilga.gov/legislation/billstatus.asp?DocNum=116&GAID=12&GA=98&DocTypeID=HB&LegID=68501&SessionID=85 

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