Bill Status of HB 3178   99th General Assembly


Short Description:  STATE ACTUARY FULL-SCOPE AUDIT

House Sponsors
Rep. Elaine Nekritz-Carol Sente

Last Action  View All Actions

DateChamber Action
  1/10/2017HouseSession Sine Die

Statutes Amended In Order of Appearance
30 ILCS 5/2-8.1

Synopsis As Introduced
Amends the Illinois State Auditing Act. Requires the State Actuary to conduct a full-scope audit of each of the 5 State-funded retirement systems at least once every 5 years. The audit must fully replicate the actuarial valuation used to report the financial condition of the system and shall include an examination of methods and assumptions used for the actuarial valuation for reasonableness and internal consistency. Effective immediately.

Actions 
DateChamber Action
  2/25/2015HouseFiled with the Clerk by Rep. Elaine Nekritz
  2/25/2015HouseFirst Reading
  2/25/2015HouseReferred to Rules Committee
  3/10/2015HouseAssigned to Personnel and Pensions Committee
  3/23/2015HouseHouse Committee Amendment No. 1 Filed with Clerk by Rep. Elaine Nekritz
  3/23/2015HouseHouse Committee Amendment No. 1 Referred to Rules Committee
  3/23/2015HouseHouse Committee Amendment No. 1 In line by 3PM. Timely filed in accordance with House Rule 18(e).
  3/24/2015HouseHouse Committee Amendment No. 1 Rules Refers to Personnel and Pensions Committee
  3/27/2015HouseRule 19(a) / Re-referred to Rules Committee
  3/27/2015HouseHouse Committee Amendment No. 1 Rule 19(a) / Re-referred to Rules Committee
  5/6/2015HouseAdded Chief Co-Sponsor Rep. Carol Sente
  1/10/2017HouseSession Sine Die

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