IL SB2992 | 2021-2022 | 102nd General Assembly

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 5 2022 - 25% progression, died in committee
Action: 2022-01-05 - Referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the State Universities Article of the Illinois Pension Code. In a provision that requires an employer to make an additional contribution to the State Universities Retirement System for certain salary increases greater than 6%, provides that the System shall exclude any earnings increase paid in an academic year beginning on or after July 1, 2020 (instead of any earnings increase) resulting from overload work performed in an academic year subsequent to an academic year in which the employer was unable to offer or allow to be conducted overload work due to an emergency declaration limiting such activities. Makes other changes. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

Tracking Information

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Title

PEN CD-EMPLOYER CONTRIBUTIONS

Sponsors


History

DateChamberAction
2022-01-05SenateReferred to Assignments
2022-01-05SenateFirst Reading
2022-01-05SenateFiled with Secretary by Sen. Robert F. Martwick

Code Citations

ChapterArticleSectionCitation TypeStatute Text
308058.46New CodeSee Bill Text
40515-155Amended CodeCitation Text

Illinois State Sources


Bill Comments

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