Illinois Senate Bill 2366

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Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 10 2023 - 25% progression
Action: 2023-03-31 - Rule 3-9(a) / Re-referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]

Amends the Chicago Teacher Article of the Illinois Pension Code. Provides that a service retirement pensioner employed under a provision concerning subject shortage areas shall have deducted from the service retirement pensioner's salary an amount equal to 9% of that salary, which shall be contributed to the Fund as a sustainability contribution. Provides that the service retirement pensioner shall not earn service credit during that re-employment, and the service retirement pension benefit shall not be recalculated. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

PEN CD-CTPF-RE-EMPLOYMENT

Sen. Robert Martwick [D]

Date	Chamber	Action
2023-03-31	Senate	Rule 3-9(a) / Re-referred to Assignments
2023-03-30	Senate	Postponed - Senate Special Committee on Pensions
2023-03-23	Senate	Rule 2-10 Committee Deadline Established As March 31, 2023
2023-03-10	Senate	Rule 2-10 Committee Deadline Established As March 24, 2023
2023-02-28	Senate	Assigned to Senate Special Committee on Pensions
2023-02-10	Senate	Referred to Assignments
2023-02-10	Senate	First Reading
2023-02-10	Senate	Filed with Secretary by Sen. Robert F. Martwick

Chapter	Article	Section	Citation Type	Statute Text
30	805	8.47	New Code	See Bill Text
40	5	17-149	Amended Code	Citation Text

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=2366&GAID=17&DocTypeID=SB&SessionID=112&GA=103
Text	https://www.ilga.gov/legislation/103/SB/10300SB2366.htm