IL SB3482 | 2013-2014 | 98th General Assembly

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on January 13 2015 - 100% progression
Action: 2015-01-13 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the State Employee Article of the Illinois Pension Code. In a provision relating to purchasing service credit for certain military service, deletes the requirement of paying an additional amount representing the employer's normal cost of the benefit plus interest. Provides that this change does not entitle any person to a refund of contributions or interest already paid. Removes the change from the definition of "new benefit increase". Contains a nonacceleration provision. Effective immediately.

Tracking Information

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Title

PENCD-SERS-MILITARY SERVICE

Sponsors


History

DateChamberAction
2015-01-13SenateSession Sine Die
2014-03-28SenateRule 3-9(a) / Re-referred to Assignments
2014-03-21SenatePostponed - Executive; Subcommittee on Special Issues
2014-03-06SenateTo Subcommittee on Special Issues (EX)
2014-03-05SenateAssigned to Executive
2014-02-14SenateReferred to Assignments
2014-02-14SenateFirst Reading
2014-02-14SenateFiled with Secretary by Sen. Wm. Sam McCann

Code Citations

ChapterArticleSectionCitation TypeStatute Text
40514-104Amended CodeCitation Text
40514-152.1Amended CodeCitation Text

Illinois State Sources


Bill Comments

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