Illinois Senate Bill 2368 (Prior Session Legislation)

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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]

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.

PENCD-COLA-TRS COST SHIFT

Sen. Kyle McCarter [R]

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

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

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