Bill Title: Amends the State Universities Article of the Illinois Pension Code. In a Section relating to the self-managed plan, provides that pursuant to federal law, all employees with applicable retirement plans will be provided options to: (i) establish, (ii) contribute to, and (iii) transfer any guaranteed or vested portion of their traditional accounts, on any day, into qualified in-plan Roth accounts, without distribution. Effective immediately.

Spectrum: Partisan Bill (Republican 2-0)

Status: (Introduced - Dead) 2015-02-18 - Added Co-Sponsor Rep. Thomas Morrison [HB0315 Detail]

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Bill Drafts

Revision	Date	Format	Source	View
Introduced	2015-01-27	HTML/Text	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
No bill amendments currently on file for Illinois HB0315

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for Illinois HB0315 currently on file.

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