Bill Status of HJRCA 32   97th General Assembly


Short Description:  CONAM-ACTUARY GENERAL

House Sponsors
Rep. Rich Brauer

Last Action  View All Actions

DateChamber Action
  5/5/2012HouseTabled Pursuant to Rule 46

 
ILCON Art. VIII, Sec. 5 new 

Synopsis As Introduced
Proposes to amend the Finance Article of the Illinois Constitution. Provides that the General Assembly shall provide by law for a comprehensive review of State-funded retirement systems to ensure the use of sound actuarial standards and assumptions. Creates an Actuary General, to be appointed by the General Assembly. Provides that the Actuary General shall conduct reviews of the actuarial practices of the State-funded retirement systems and may mandate changes to those practices to ensure that all actuarial assumptions are sound and based on the best information available. Provides that the Actuary General shall make additional investigations and reports as directed by the General Assembly. Effective upon being declared adopted.

Actions 
DateChamber Action
  2/1/2012HouseFiled with the Clerk by Rep. Rich Brauer
  2/1/2012HouseRead in Full a First Time
  2/1/2012HouseReferred to Rules Committee
  5/5/2012HouseTabled Pursuant to Rule 46

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