Bill Status of SB 2366   103rd General Assembly


Short Description:  PEN CD-CTPF-RE-EMPLOYMENT

Senate Sponsors
Sen. Robert F. Martwick

Last Action  View All Actions

DateChamber Action
  3/31/2023SenateRule 3-9(a) / Re-referred to Assignments

Statutes Amended In Order of Appearance
40 ILCS 5/17-149from Ch. 108 1/2, par. 17-149
30 ILCS 805/8.47 new

Synopsis As Introduced
Amends the Chicago Teacher Article of the Illinois Pension Code. Provides that a service retirement pensioner employed under a provision concerning subject shortage areas shall have deducted from the service retirement pensioner's salary an amount equal to 9% of that salary, which shall be contributed to the Fund as a sustainability contribution. Provides that the service retirement pensioner shall not earn service credit during that re-employment, and the service retirement pension benefit shall not be recalculated. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

Actions 
DateChamber Action
  2/10/2023SenateFiled with Secretary by Sen. Robert F. Martwick
  2/10/2023SenateFirst Reading
  2/10/2023SenateReferred to Assignments
  2/28/2023SenateAssigned to Senate Special Committee on Pensions
  3/10/2023SenateRule 2-10 Committee Deadline Established As March 24, 2023
  3/23/2023SenateRule 2-10 Committee Deadline Established As March 31, 2023
  3/30/2023SenatePostponed - Senate Special Committee on Pensions
  3/31/2023SenateRule 3-9(a) / Re-referred to Assignments

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