Bill Texts: IL SB3454 | 2015-2016 | 99th General Assembly

Bill Title: Amends the Downstate Police and Downstate Firefighter Articles of the Illinois Pension Code. Beginning in fiscal year 2021, sets a separate Comptroller intercept schedule for payments of State funds to pension funds that have assets in trust that exceed 5 years of current liabilities. Effective immediately.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2016-11-29 - Referred to Assignments [SB3454 Detail]

Bill Drafts

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Introduced2016-11-29HTML/TextLinkView

Amendments

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No bill amendments currently on file for Illinois SB3454

Supplemental Documents

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No supplemental documents for Illinois SB3454 currently on file.

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