Bill Title: Amends the Downstate Teacher Article of the Illinois Pension Code. In a provision relating to employer contributions from special trust and federal funds, provides that, beginning July 1, 2017, the rate, expressed as a percentage of salary, shall be equal to the total employer's normal cost, expressed as a percentage of payroll. Effective immediately.

Spectrum: Slight Partisan Bill (Democrat 32-19)

Status: (Passed) 2017-08-25 - Public Act . . . . . . . . . 100-0340 [HB0656 Detail]

Text: Latest bill text (Chaptered) [HTML]

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