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 Bill Status of SB0195  100th General Assembly


Short Description:  PEN CD-TRS-TRUST FUND CONTRIBS

Senate Sponsors
Sen. Steve Stadelman - Melinda Bush - David Koehler - Neil Anderson - Napoleon Harris, III, Dave Syverson, Chris Nybo, Jennifer Bertino-Tarrant, Andy Manar and Linda Holmes

Last Action
DateChamber Action
  1/24/2017SenateAssigned to Licensed Activities and Pensions

Statutes Amended In Order of Appearance
40 ILCS 5/16-158from Ch. 108 1/2, par. 16-158


Synopsis As Introduced
Amends the Downstate Teacher Article of the Illinois Pension Code. In a provision relating to employer contributions from special trust and federal funds, provides that, beginning July 1, 2017, the rate, expressed as a percentage of salary, shall be equal to the total employer's normal cost, expressed as a percentage of payroll. Effective immediately.

Actions 
DateChamber Action
  1/18/2017SenateFiled with Secretary by Sen. Steve Stadelman
  1/18/2017SenateFirst Reading
  1/18/2017SenateReferred to Assignments
  1/24/2017SenateAssigned to Licensed Activities and Pensions
  1/24/2017SenateAdded as Co-Sponsor Sen. Dave Syverson
  1/25/2017SenateAdded as Chief Co-Sponsor Sen. Melinda Bush
  1/25/2017SenateAdded as Chief Co-Sponsor Sen. David Koehler
  1/26/2017SenateAdded as Chief Co-Sponsor Sen. Neil Anderson
  1/26/2017SenateAdded as Chief Co-Sponsor Sen. Napoleon Harris, III
  1/26/2017SenateAdded as Co-Sponsor Sen. Chris Nybo
  2/7/2017SenateAdded as Co-Sponsor Sen. Jennifer Bertino-Tarrant
  2/9/2017SenateAdded as Co-Sponsor Sen. Andy Manar
  2/9/2017SenateAdded as Co-Sponsor Sen. Linda Holmes

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