Comments: IL HB2993 | 2013-2014 | 98th General Assembly

Bill Title: Amends the Illinois Pension Code. Deletes references to the State Universities Retirement System from the Tier 2 Section of the General Provisions Article and incorporates the Tier 2 provisions into the State Universities Article. Also makes administrative changes: authorizes the Board to delegate some of its duties; provides that warrants, checks, and drafts need not be signed by the president of the Board; specifies that the Board's rulemaking power includes the time and manner of reporting contributions; authorizes the Board to procure additional actuarial, legal, medical, audit, and other services; makes other changes. Effective immediately.

Spectrum: Slight Partisan Bill (Democrat 2-1)

Status: (Passed) 2013-07-17 - Public Act . . . . . . . . . 98-0092 [HB2993 Detail]

Text: Latest bill text (Chaptered) [HTML]

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