Bill Status of SB 3622   100th General Assembly

Short Description:  PEN CD-EMPLOYER CONTRIBUTIONS

Senate Sponsors
Sen. Dale Fowler-Neil Anderson and Terry Link-Scott M. Bennett

Last Action  View All Actions

DateChamber Action
  1/9/2019SenateSession Sine Die

Statutes Amended In Order of Appearance
40 ILCS 5/15-155from Ch. 108 1/2, par. 15-155
40 ILCS 5/16-158from Ch. 108 1/2, par. 16-158

Synopsis As Introduced
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.

Actions 
DateChamber Action
  7/25/2018SenateFiled with Secretary by Sen. Dale Fowler
  7/25/2018SenateFirst Reading
  7/25/2018SenateReferred to Assignments
  7/25/2018SenateAdded as Chief Co-Sponsor Sen. Neil Anderson
  7/27/2018SenateAdded as Co-Sponsor Sen. Terry Link
  7/31/2018SenateAdded as Chief Co-Sponsor Sen. Scott M. Bennett
  1/9/2019SenateSession Sine Die

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