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Key Votes

HB 1165 - Establishes Cost of Living Adjustments in Pensions - Key Vote

Illinois Key Votes

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Legislation - Referred to Committee (Senate) -
Legislation - Bill Passed (House) (66-50) - (Key vote)

Title: Establishes Cost of Living Adjustments in Pensions

Vote Smart's Synopsis:

​Vote to pass a bill that establishes an automatic annual increase in retirement payments and specifies when they come into effect.

Highlights:
  • Establishes the automatic annual increase in retirement payments as the lesser of $750 or 3 percent of a Tier I retiree’s pension (Sec. 4).
  • Defines “Tier I retiree” as a public employee hired before January 1, 2011 who is now receiving retirement payments (Sec. 4).
  • Requires a Tier I retiree to receive the automatic annual increase in retirement payments on the January 1 after the retiree attains age 67 or after 5 years of retirement, whichever is earlier (Sec. 4).
Legislation - Introduced (House) -

Title: Establishes Cost of Living Adjustments in Pensions

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