Bill Sponsors: IL SB2366 | 2023-2024 | 103rd General Assembly
Bill Title: Amends the Chicago Teacher Article of the Illinois Pension Code. Provides that a service retirement pensioner employed under a provision concerning subject shortage areas shall have deducted from the service retirement pensioner's salary an amount equal to 9% of that salary, which shall be contributed to the Fund as a sustainability contribution. Provides that the service retirement pensioner shall not earn service credit during that re-employment, and the service retirement pension benefit shall not be recalculated. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Failed) 2025-01-07 - Session Sine Die [SB2366 Detail]
Text: Latest bill text (Introduced) [HTML]
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Failed) 2025-01-07 - Session Sine Die [SB2366 Detail]
Text: Latest bill text (Introduced) [HTML]
Sponsors
| Name | Type | Contact | Phone | District | Sponsorship | State Profile | Financial | Encyclopedia | Biography |
|---|---|---|---|---|---|---|---|---|---|
| Senator Robert Martwick [D] | Primary | N/A | 217-782-1035 | SD-010 | Sponsored Bills | State Profile | FollowTheMoney | Ballotpedia | VoteSmart |
