Bill Title: Amends the Downstate Teachers and State Universities Articles of the Illinois Pension Code. Requires an employer to make an additional employer contribution for a participant whose earnings for any academic year used to determine the final rate of earnings exceed the amount of his or her earnings with the same employer for the previous academic year by more than 6% (instead of 3%). Makes conforming changes. Effective immediately.

Spectrum: Bipartisan Bill

Status: (Failed) 2021-01-13 - Session Sine Die [SB0060 Detail]

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Bill Drafts

Revision	Date	Format	Source	View
Introduced	2019-01-16	HTML/Text	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
No bill amendments currently on file for Illinois SB0060

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for Illinois SB0060 currently on file.

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