Bill Title: Reinserts the provisions of the engrossed bill with the following changes. Further amends the State Universities Article of the Illinois Pension Code. Provides that beginning September 1, 2024, a provision excluding specified earnings in the determination of the final rate of earnings applies to an employee who has been employed at 1/2 time or less for 3 or more years. Adds an inseverability provision. Effective immediately.

Spectrum: Partisan Bill (Democrat 51-0)

Status: (Passed) 2023-08-11 - Public Act . . . . . . . . . 103-0548 [SB1235 Detail]

Text: Latest bill text (Chaptered) [HTML]

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