Illinois General Assembly - Bill Status for SB0320

Home

Legislation & Laws

Senate

House

My Legislation

Site Map

Previous General Assemblies

Bill Status of SB0320 96th General Assembly

Full Text Votes Witness Slips View All Actions Printer-Friendly Version

Short Description: SURS-6%-MINIMAL SALARY

Senate Sponsors
Sen. Gary Forby

Last Action

Date	Chamber	Action
1/12/2011	Senate	Session Sine Die

Statutes Amended In Order of Appearance

40 ILCS 5/15-155

from Ch. 108 1/2, par. 15-155

Synopsis As Introduced
Amends the State Universities Article of the Illinois Pension Code. Provides that, if the final rate of earnings of an employee is $30,000 or below and the employee is not receiving benefits under any other Article of the Code, then any salary increase in excess of 6% for any academic year used to determine the final rate of earnings under the Article over his or her earnings with the same employer for the previous academic year is exempt from provisions requiring the participant's employer to pay the present value of the increase in benefits resulting from the portion of the increase in earnings that is in excess of 6%. Effective immediately.

Actions

Date	Chamber	Action
2/6/2009	Senate	Filed with Secretary by Sen. Gary Forby
2/6/2009	Senate	First Reading
2/6/2009	Senate	Referred to Assignments
2/10/2009	Senate	Assigned to Pensions and Investments
2/19/2009	Senate	To Pensions & Investments Subcommittee on Pension Benefit Enhancements
3/13/2009	Senate	Rule 3-9(a) / Re-referred to Assignments
1/12/2011	Senate	Session Sine Die

×