Bill Title: Amends the General Provisions Article of the Illinois Pension Code. Provides that for the purposes of a specified formula for calculating the amount of a Qualified Illinois Domestic Relations Order (QILDRO), the gross amount of the member's monthly retirement benefit shall be calculated as of the member's effective date of retirement, but using the member's salary on the date the QILDRO is issued if that date is after January 1, 2018. Effective immediately.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Failed) 2019-01-08 - Session Sine Die [HB2491 Detail]

Text: Latest bill text (Introduced) [HTML]

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Sponsors

Name	Type	Sponsorship	District	Financial	Encyclopedia	Biography
Senator Thomas Bennett [R]	Primary	Sponsored Bills	SD-053	FollowTheMoney	Ballotpedia	VoteSmart

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