Bill Status of HB5644 9th General Assembly
Short Description: PEN CD-ART 3&4 AMORTIZATION
Rep. David R. Leitch
| 1/8/2013||House||Session Sine Die|
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the Downstate Police and Downstate Firefighter Articles of the Illinois Pension Code. Authorizes the corporate authorities of a participating municipality to elect, by a duly authorized resolution or ordinance, to calculate actuarial liabilities using a 30-year rolling amortization period.
|Date||Chamber|| Action|| 2/15/2012||House||Filed with the Clerk by Rep. David R. Leitch|| 2/15/2012||House||First Reading|| 2/15/2012||House||Referred to Rules Committee|| 1/8/2013||House||Session Sine Die|