IL HB2652 | 2013-2014 | 98th General Assembly

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on December 3 2014 - 100% progression
Action: 2014-12-03 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Chicago Teacher Article of the Illinois Pension Code. Provides that, beginning in State fiscal year 2014, the State shall make annual contributions to the Fund. For State fiscal year 2014, the contribution shall be $343,860,000. For each year thereafter, the Board shall certify to the Governor by December 15th the amount of the required State contribution for the coming fiscal year. The certified contribution shall be equal to 10% of the certified State contribution to the downstate Teachers' Retirement System. Effective immediately.

Tracking Information

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Title

PEN CD-CHI TCHR-STATE FUNDING

Sponsors


History

DateChamberAction
2014-12-03HouseSession Sine Die
2013-03-22HouseRule 19(a) / Re-referred to Rules Committee
2013-03-13HousePension Note Filed
2013-03-04HouseAssigned to Personnel and Pensions Committee
2013-02-21HouseReferred to Rules Committee
2013-02-21HouseFirst Reading
2013-02-21HouseFiled with the Clerk by Rep. Monique D. Davis

Code Citations

ChapterArticleSectionCitation TypeStatute Text
40517-127Amended CodeCitation Text

Illinois State Sources


Bill Comments

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