Bill Title: Amends the Illinois Municipal Retirement Fund (IMRF), Cook County, State Employees, State Universities, Downstate Teachers, and Chicago Teachers Articles of the Illinois Pension Code. For participants who first become participants on or after the effective date of the amendatory Act, prohibits (i) payments for unused sick or vacation time from being used to calculate pensionable earnings and salary and (ii) unused sick or vacation time from being used to establish service credit. Effective immediately.

Spectrum: Moderate Partisan Bill (Republican 4-1)

Status: (Failed) 2015-01-13 - Session Sine Die [SB1224 Detail]

Text: Latest bill text (Engrossed) [HTML]

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