96TH GENERAL ASSEMBLY
State of Illinois
2009 and 2010
SB2547

 

Introduced 1/13/2010, by Sen. Deanna Demuzio

 

SYNOPSIS AS INTRODUCED:
 
40 ILCS 5/16-121   from Ch. 108 1/2, par. 16-121

    Amends the Downstate Teacher Article of the Illinois Pension Code. Includes within the definition of "salary" any stipend awarded to a National Board Certified teacher (regardless of whether the teacher actually receives the stipend or the stipend is prorated due to budgetary reasons). Effective immediately.


LRB096 16689 AMC 31973 b

FISCAL NOTE ACT MAY APPLY
PENSION IMPACT NOTE ACT MAY APPLY

 

 

A BILL FOR

 

SB2547 LRB096 16689 AMC 31973 b

1     AN ACT concerning public employee benefits.
 
2     Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
 
4     Section 5. The Illinois Pension Code is amended by changing
5 Section 16-121 as follows:
 
6     (40 ILCS 5/16-121)  (from Ch. 108 1/2, par. 16-121)
7     Sec. 16-121. Salary. "Salary": The actual compensation
8 received by a teacher during any school year and recognized by
9 the system in accordance with rules of the board and any
10 stipend awarded to a National Board Certified teacher
11 (regardless of whether the teacher actually receives the
12 stipend or the stipend is prorated due to budgetary reasons).
13 For purposes of this Section, "school year" includes the
14 regular school term plus any additional period for which a
15 teacher is compensated and such compensation is recognized by
16 the rules of the board.
17 (Source: P.A. 84-1028.)
 
18     Section 99. Effective date. This Act takes effect upon
19 becoming law.