IL SB1721 | 2013-2014 | 98th General Assembly

Status

Completed Legislative Action
Spectrum: Slight Partisan Bill (Democrat 2-1)
Status: Failed on January 13 2015 - 100% progression
Action: 2015-01-13 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Illinois Pension Code. Allows certain teachers employed by the Department of Corrections to transfer their participation and credits from the Teachers' Retirement System to the State Employees' Retirement System, upon payment of a specified contribution. Requires application within 30 days after the effective date. Provides that the transferred employees shall become noncovered employees and that the transferred service shall be deemed noncovered alternative formula service. Effective immediately.

Tracking Information

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Title

PENCD-DOC TEACHERS TO SERS

Sponsors


History

DateChamberAction
2015-01-13SenateSession Sine Die
2014-05-20SenateAdded as Co-Sponsor Sen. James F. Clayborne, Jr.
2014-05-13SenateAdded as Chief Co-Sponsor Sen. Wm. Sam McCann
2013-03-22SenateRule 3-9(a) / Re-referred to Assignments
2013-03-14SenatePostponed - Subcommittee on Special Issues
2013-02-28SenateTo Subcommittee on Special Issues (EX)
2013-02-27SenateAssigned to Executive
2013-02-15SenateReferred to Assignments
2013-02-15SenateFirst Reading
2013-02-15SenateFiled with Secretary by Sen. John M. Sullivan

Code Citations

ChapterArticleSectionCitation TypeStatute Text
40514-104.6Amended CodeCitation Text
40514-108.2Amended CodeCitation Text

Illinois State Sources


Bill Comments

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