IL SB2368 | 2013-2014 | 98th General Assembly
Status
Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on January 13 2015 - 100% progression
Action: 2015-01-13 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]
Spectrum: Partisan Bill (Republican 1-0)
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. In the 5 State-funded retirement systems: (1) increases employee contributions; (2) decreases the annual increase in retirement annuities; (3) adds funding guarantee language and authorizes a mandamus action against the State; and (4) specifies that State pension funding is subordinate to certain debt service. In the Teachers' Retirement System, provides for the incremental shifting of responsibility for employer contributions from the State to the actual employers, contingent upon the State funding certain school programs. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.
Title
PENCD-COLA-TRS COST SHIFT
Sponsors
History
Date | Chamber | Action |
---|---|---|
2015-01-13 | Senate | Session Sine Die |
2013-03-22 | Senate | Rule 3-9(a) / Re-referred to Assignments |
2013-03-14 | Senate | Postponed - Subcommittee on Special Issues |
2013-03-06 | Senate | To Subcommittee on Special Issues (EX) |
2013-03-06 | Senate | Assigned to Executive |
2013-02-15 | Senate | Referred to Assignments |
2013-02-15 | Senate | First Reading |
2013-02-15 | Senate | Filed with Secretary by Sen. Kyle McCarter |
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
30 | 805 | 8.37 | New Code | See Bill Text |
40 | 5 | 1-103.3 | Amended Code | Citation Text |
40 | 5 | 14-114 | Amended Code | Citation Text |
40 | 5 | 14-131 | Amended Code | Citation Text |
40 | 5 | 14-133 | Amended Code | Citation Text |
40 | 5 | 15-136 | Amended Code | Citation Text |
40 | 5 | 15-155 | Amended Code | Citation Text |
40 | 5 | 15-157 | Amended Code | Citation Text |
40 | 5 | 16-133.1 | Amended Code | Citation Text |
40 | 5 | 16-152 | Amended Code | Citation Text |
40 | 5 | 16-158 | Amended Code | Citation Text |
40 | 5 | 18-125.1 | Amended Code | Citation Text |
40 | 5 | 18-131 | Amended Code | Citation Text |
40 | 5 | 18-133 | Amended Code | Citation Text |
40 | 5 | 2-119.1 | Amended Code | Citation Text |
40 | 5 | 2-124 | Amended Code | Citation Text |
40 | 5 | 2-126 | Amended Code | Citation Text |
Illinois State Sources
Type | Source |
---|---|
Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=2368&GAID=12&DocTypeID=SB&SessionID=85&GA=98 |
Text | https://www.ilga.gov/legislation/98/SB/09800SB2368.htm |