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 Bill Status of SB0005  100th General Assembly


Short Description:  PEN CD-CTPF-STATE CONTRIBUTION

Senate Sponsors
Sen. John J. Cullerton and Donne E. Trotter

Last Action
DateChamber Action
  8/4/2017SenatePursuant to Senate Rule 3-9(b) / Referred to Assignments

Statutes Amended In Order of Appearance
40 ILCS 5/17-127from Ch. 108 1/2, par. 17-127
40 ILCS 15/1.1


Synopsis As Introduced
Amends the Chicago Teacher Article of the Illinois Pension Code. Requires the State to contribute to the Fund $215,200,000 for fiscal year 2017 and $221,300,000 for fiscal year 2018; includes provisions for certifications and monthly payments by voucher. Provides that beginning in fiscal year 2019, the State shall contribute an amount equal to the employer normal cost for that fiscal year. Amends the State Pension Funds Continuing Appropriation Act. Provides for a continuing appropriation to the Public School Teachers' Pension and Retirement Fund of Chicago, on a continuing monthly basis, of the amount, if any, by which the total available amount of all other State appropriations to that Retirement Fund for the payment of certain State contributions is less than the total amount of the vouchers for required State contributions lawfully submitted by the Fund for that month under applicable provisions of the Illinois Pension Code. Effective immediately, but this Act does not take effect at all unless Senate Bills 1, 2, 3, 4, 6, 7, 8, 9, 10, 11, 12, and 13 of the 100th General Assembly become law.

Senate Floor Amendment No. 1
Replaces the effective date Section. Effective immediately, but this Act does not take effect at all unless Senate Bills 1, 3, 4, 6, 7, 8, 9, 10, 12, 13, and 16 of the 100th General Assembly become law.

Actions 
DateChamber Action
  1/11/2017SenateFiled with Secretary by Sen. John J. Cullerton
  1/11/2017SenateFirst Reading
  1/11/2017SenateReferred to Assignments
  1/12/2017SenateAssigned to Executive
  1/24/2017SenatePostponed - Executive
  1/24/2017SenateRe-referred to Assignments
  1/24/2017SenateApproved for Consideration Assignments
  1/24/2017SenatePlaced on Calendar Order of 2nd Reading January 24, 2017
  1/24/2017SenateSecond Reading
  1/24/2017SenatePlaced on Calendar Order of 3rd Reading January 25, 2017
  2/28/2017SenateSenate Floor Amendment No. 1 Filed with Secretary by Sen. John J. Cullerton
  2/28/2017SenateSenate Floor Amendment No. 1 Referred to Assignments
  2/28/2017SenateSenate Floor Amendment No. 1 Be Approved for Consideration Assignments
  2/28/2017SenateRecalled to Second Reading
  2/28/2017SenateSenate Floor Amendment No. 1 Adopted; J. Cullerton
  2/28/2017SenatePlaced on Calendar Order of 3rd Reading
  2/28/2017SenateAdded as Co-Sponsor Sen. Donne E. Trotter
  2/28/2017SenateThird Reading - Passed; 035-022-001
  2/28/2017SenateMotion Filed to Reconsider Vote Sen. John J. Cullerton
  5/16/2017SenateMotion Prevailed
  5/16/2017SenatePlaced on Calendar Order of 3rd Reading May 17, 2017
  5/17/2017SenateRule 2-10 Third Reading Deadline Established As May 31, 2017
  8/4/2017SenatePursuant to Senate Rule 3-9(b) / Referred to Assignments

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