Illinois General Assembly - Bill Status for HB0315

Synopsis As Introduced
Amends the State Universities Article of the Illinois Pension Code. In a Section relating to the self-managed plan, provides that pursuant to federal law, all employees with applicable retirement plans will be provided options to: (i) establish, (ii) contribute to, and (iii) transfer any guaranteed or vested portion of their traditional accounts, on any day, into qualified in-plan Roth accounts, without distribution. Effective immediately.

Actions

Date	Chamber	Action
1/27/2015	House	Filed with the Clerk by Rep. Joe Sosnowski
1/27/2015	House	First Reading
1/27/2015	House	Referred to Rules Committee
2/18/2015	House	Added Co-Sponsor Rep. Thomas Morrison
1/10/2017	House	Session Sine Die

×