Illinois General Assembly - Bill Status for SB2992
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 Bill Status of SB2992  102nd General Assembly


Short Description:  PEN CD-EMPLOYER CONTRIBUTIONS

Senate Sponsors
Sen. Robert F. Martwick

Last Action
DateChamber Action
  1/5/2022SenateReferred to Assignments

Statutes Amended In Order of Appearance
40 ILCS 5/15-155from Ch. 108 1/2, par. 15-155
30 ILCS 805/8.46 new


Synopsis As Introduced
Amends the State Universities Article of the Illinois Pension Code. In a provision that requires an employer to make an additional contribution to the State Universities Retirement System for certain salary increases greater than 6%, provides that the System shall exclude any earnings increase paid in an academic year beginning on or after July 1, 2020 (instead of any earnings increase) resulting from overload work performed in an academic year subsequent to an academic year in which the employer was unable to offer or allow to be conducted overload work due to an emergency declaration limiting such activities. Makes other changes. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

Actions 
DateChamber Action
  1/5/2022SenateFiled with Secretary by Sen. Robert F. Martwick
  1/5/2022SenateFirst Reading
  1/5/2022SenateReferred to Assignments

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