Bill Title: 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.

Spectrum: Slight Partisan Bill (Democrat 2-1)

Status: (Failed) 2015-01-13 - Session Sine Die [SB1721 Detail]

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Bill Drafts

Revision	Date	Format	Source	View
Introduced	2013-02-15	HTML/Text	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
No bill amendments currently on file for Illinois SB1721

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for Illinois SB1721 currently on file.

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