Illinois General Assembly

  Bills & Resolutions  
  Compiled Statutes  
  Public Acts  
  Legislative Reports  
  IL Constitution  
  Legislative Guide  
  Legislative Glossary  

 Search By Number
 (example: HB0001)
Search Tips

Search By Keyword

 Bill Status of HB3475  100th General Assembly


Short Description:  PEN CD-STATE SYS-DISCOUNT RATE

House Sponsors
Rep. Peter Breen

Hearings
Personnel & Pensions Committee Hearing Mar 30 2017 10:00AM Capitol Building Room 122B Springfield, IL


Last Action
DateChamber Action
  2/22/2017HouseAssigned to Personnel & Pensions Committee

Statutes Amended In Order of Appearance
40 ILCS 5/2-125.5 new
40 ILCS 5/14-132.5 new
40 ILCS 5/15-156.5 new
40 ILCS 5/16-158.5 new
40 ILCS 5/18-132.5 new


Synopsis As Introduced
Amends the General Assembly, State Employee, State Universities, Downstate Teachers, and Judges Articles of the Illinois Pension Code. Provides that beginning in fiscal year 2019, the discount rate shall be the actual 30-year rolling rate of return experienced by the System. Effective immediately.

Actions 
DateChamber Action
  2/10/2017HouseFiled with the Clerk by Rep. Peter Breen
  2/10/2017HouseFirst Reading
  2/10/2017HouseReferred to Rules Committee
  2/22/2017HouseAssigned to Personnel & Pensions Committee

Back To Top