IL HB4441 | 2009-2010 | 96th General Assembly

Status

Spectrum: Partisan Bill (Republican 5-0)
Status: Introduced on April 23 2009 - 25% progression, died in committee
Action: 2009-04-23 - Referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the General Assembly Article of the Illinois Pension Code. Provides that, for certain participants of the General Assembly Retirement System that are exempted from the earnings limitation under the definition of "highest salary for annuity purposes", the participant's employer under the other participating system under the Retirement Systems Reciprocal Act shall pay to the General Assembly Retirement System the present value of the increase in benefits resulting from the use of that higher salary. Amends the State Finance Act to allow the payments to be paid out of a State agency's personal services line and to allow the payments in a fiscal year without regard to the fact that the employment for which the payment is required may have occurred in a prior fiscal year. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

Tracking Information

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Title

PENSION-GARS-SALARY LIMITATION

Sponsors


History

DateChamberAction
2009-04-23 Referred to Rules Committee
2009-04-23 First Reading
2009-04-23 Chief Co-Sponsor Rep. Dennis M. Reboletti
2009-04-23 Chief Co-Sponsor Rep. David Reis
2009-04-23 Chief Co-Sponsor Rep. Michael G. Connelly
2009-04-23 Chief Co-Sponsor Rep. John D. Cavaletto
2009-04-23 Filed with the Clerk by Rep. Darlene J. Senger

Illinois State Sources


Bill Comments

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