Batinick Bill to Delay Revolving Door for Pension Board Members

SPRINGFIELD – State Representative Mark Batinick (R-Plainfield) praised the passage of his bill, HB3004, in the Illinois House on Thursday. The bill was passed with 114 “Yes” votes, 0 “No” votes, and 0 “Present” votes.

Rep. Batinick’s bill amends the Illinois Pension Code. It would prohibit members of pension boards, investment boards, and retirement funds from being employed by the same board or fund—or a vendor of that board or fund—for a period of twelve months after ceasing to be a board member.

“I’m glad to see HB3004 passed in the House,” said Rep. Batinick. “This bill will address a clear conflict of interest and put a stop to revolving doors for pension board members’ future employment when they step down from their board member roles. I’m pleased to see it pass with bipartisan support and zero opposition in the House.”

HB3004 received bipartisan and unanimous support in the Personnel & Pensions Committee. Rep. Batinick is the House Republican Spokesperson for the Personnel & Pensions Committee.